Total announces its third quarter 2015 interim dividend
OREANDA-NEWS. The Board of Directors of Total met on October 28, 2015, and approved a third quarter 2015 interim dividend of 0.61 euros per share. This interim dividend, unchanged compared to the first and second quarters of 2015, is payable in euros according to the following timetable:
Ex-dividend date March 21, 2016
Record date March 18, 2016
Payment date in cash April 12, 2016
or shares issued in lieu of cash
The Board of Directors will meet on March 15, 2016 to:
- declare the third quarter 2015 interim dividend;
- offer the option for shareholders to receive the third quarter 2015 interim dividend in cash or in new shares of the Company;
- set the price of the new shares with a discount of up to 10% based on the average opening price on the Euronext Paris for the 20 trading days preceding the Board of Directors’ meeting, and reduced by the amount of the third quarter 2015 interim dividend; and
- confirm the payment of the dividend in cash or the delivery of shares issued in lieu of the cash dividend as from April 12, 2016.
American Depositary Receipts (“ADRs”) will receive the third quarter 2015 interim dividend in dollars based on the then-prevailing exchange rate according to the following timetable:
ADR ex-dividend date March 16, 2016
ADR record date March 18, 2016
ADR payment date in cash April 19, 2016
or shares issued in lieu of cash
Registered ADR holders may also contact JP Morgan Chase Bank for additional information. Non-registered ADR holders should contact their broker, financial intermediary, bank or financial institution for additional information.
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