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CODGF Compagnie de St Gobain (PK)

86.9999
0.00 (0.00%)
23 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Compagnie de St Gobain (PK) USOTC:CODGF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 86.9999 85.29 92.67 55 21:30:41

Saint-Gobain: Result of the Option to Reinvest the 2014 Dividend in Shares

01/07/2015 7:11pm

PR Newswire (US)


Compagnie de St Gobain (PK) (USOTC:CODGF)
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PARIS, July 1, 2015 /PRNewswire/ --

At the Saint-Gobain General Meeting held on June 4, 2015, shareholders approved payment of a 2014 dividend of €1.24 per share with payment of 50% in cash, and the option for the shareholder to receive the remaining 50% in cash or to reinvest it in new shares of the Company. Shareholders who elected the stock dividend option were required to notify the Company between June 10 and June 24, 2015.

Saint-Gobain shareholders responded very positively to the option of reinvesting 50% of the dividend in shares, with 69.2% of the rights exercised in favor of the stock dividend option.

The new shares will be issued and delivered on July 3, 2015. They will be assimilated to the old shares as from this date, with all rights attached (including voting rights and rights to receive dividends). The new shares will be admitted to listing on Euronext Paris on July 3, 2015.

The share issue will have the effect of increasing Compagnie de Saint-Gobain's share capital as of July 3, 2015 to €2,294 million, represented by 573.5 million ordinary shares with a par value of €4 each, all fully paid and all of the same class.

Cash dividends will be paid as from July 3, 2015 for a total of €455 million.

ABOUT SAINT-GOBAIN  

In 2015, Saint-Gobain is celebrating its 350th anniversary, 350 reasons to believe in the future. Backed by its experience and its capacity to continuously innovate, Saint-Gobain, the world leader in the habitat and construction market, designs, manufactures and distributes high-performance and building materials providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2014 sales of €41 billion, Saint-Gobain operates in 64 countries and has over 180,000 employees. For more information about Saint-Gobain, visit http://www.saint-gobain.com and the twitter account @saintgobain or download the "Saint-Gobain Shareholder" application for tablet and smartphone.

Analyst/Investor Relations
Gaetano Terrasini, +33-1-47-62-32-52
Vivien Dardel, +33-1-47-62-44-29
Marine Huet, +33-1-47-62-30-93

Media Relations
Sophie Chevallon, +33-1-47-62-30-48
Susanne Trabitzsch, +33-1-47-62-43-25

SOURCE Saint-Gobain

Copyright 2015 PR Newswire

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