2018 Dividend
The Shareholders’ Meeting held today approved
the proposed dividend for 2018 financial year of €0.60 per
share and decided to propose to the shareholders the
option for the dividend payment in new fully paid Company’s shares
(scrip dividend).
The issuance price of the new
Company’s shares has been set at €16.77. This
price corresponds to 90% of the average opening share price for the
20 trading days on Euronext Paris preceding the Shareholders’
Meeting less the net amount of the dividend and rounded up to the
nearest euro cent.
CALENDAR |
June 12, 2019 |
Ex- Dividend date |
June 14, 2019 |
Opening of the option period
for the dividend payment in cash or in new Company’s
shares |
June 28, 2019 |
Closing of the option period
|
July 4, 2019 |
Announcement of the result of the option
|
July 4, 2019 |
Payment of the dividend in cash and
delivery of the new Company’s shares |
The listing date of the ex-dividend shares is
set on July 4, 2019.
Shareholders will be able to elect the cash
dividend or the scrip dividend between June 14, 2019 and June 28,
2019 included, by confirming their election to their financial
intermediary.
Shareholders who have not made their choice by
June 28, 2019 will have their dividend paid in cash.
Shareholders who elected dividend payment in
cash will be paid on July 4, 2019. Shareholders who elected the
scrip dividend option will receive their new shares as of that same
date.
If the amount of the dividend payment requested
in shares does not correspond to a whole number of shares,
shareholders may decide to round up to the nearest whole number of
shares by paying the difference in cash upon the day they exercise
their option or to round down to the nearest whole new share
supplemented by a cash payment.
Shares thus issued will carry dividend rights as
of January 1st, 2019 and an application to list these new shares on
Euronext Paris will be made. The new shares will be exactly like
other ordinary shares making-up the Company’s share capital and
will be fully fungible with existing shares already listed.
The maximum total number of new shares which may
be issued for the purpose of the scrip dividend is 2,271,293 shares
(excluding additional shares issued for rounding purposes),
representing approximately 3.6% of the Company’s share capital,
based on the total number of shares as of March 31, 2019.
About TarkettWith 135 years of
history, Tarkett is a worldwide leader of innovative flooring and
sports surface solutions. Consolidated net sales reached
€2.8billion in 2018. Offering a wide range of products including
vinyl, linoleum, carpet, rubber, wood, laminate, synthetic turf and
running tracks, the Group serves customers in more than 100
countries worldwide. With 13,000 employees and 36 industrial sites,
Tarkett sells 1.3 million square meters of flooring every day, for
hospitals, schools, housing, hotels, offices, stores and sports
fields. Committed to “Doing Good. Together”, the Group has
implemented an eco-innovation strategy based on Cradle to Cradle®
principles and promotes circular economy, with the ultimate goal of
contributing to people’s health and wellbeing, and preserving the
natural capital. Tarkett is listed on Euronext Paris (compartment
A, ISIN: FR0004188670, ticker TKTT) and is included in the
following indices: SBF 120, CAC Mid 60. www.tarkett.com
Investor Relations Contact
Tarkett – Emilie Megel (Investor Relations Director) –
emilie.megel@tarkett.com
Tarkett Media Contacts Tarkett
- Véronique Bouchard Bienaymé - communication@tarkett.comBrunswick
- tarkett@brunswickgroup.com - Tel.: +33 (0) 1 53 96 83 83
- Tarkett_Press Release_Dividend__ SM 26 04 2019 EN FINAL
Tarkett (EU:TKTT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Tarkett (EU:TKTT)
Historical Stock Chart
From Jul 2023 to Jul 2024