Publicis Groupe proposes €2.12 dividend per share
Publicis Groupe proposed a dividend of €2.12 per share for the 2018 fiscal year. Shareholders can opt to receive the dividend in newly issued shares.
Advertising and marketing group Publicis Groupe has proposed a dividend of €2.12 per share for the 2018 financial year. The proposal is set to be presented to the company's Annual Shareholders' Meeting on May 29, 2019, in Paris.
Shareholders will have the option to choose between receiving the dividend in cash or in newly issued shares of Publicis Groupe. If the shareholders' meeting approves the proposal, the new shares will be listed and the dividend paid out on July 23, 2019. The exact terms, including the issue price for shares paid as dividend, will be determined at the meeting and communicated by late June.
Publicis Groupe is a global leader in communications, offering consulting and execution services across marketing and digital business transformation. The company operates in over 100 countries and employs approximately 114,000 professionals.
The proposed dividend is subject to approval at the shareholder meeting. This option provides shareholders with flexibility, allowing them to either receive a cash payout or reinvest in the company through newly issued shares.