The option of reinvesting 50% of the dividend in shares was available from May 12 to June 2, 2017. This led to the issue of 1,722,895 new shares of Edenred common stock, representing 0.74% of the share capital, which will be settled and begin trading on the Euronext Paris stock market on June 15, 2017.
The new shares carry dividend rights from January 1, 2017 and rank pari passu with existing shares of Edenred common stock. Following the issue, the Company’s share capital comprises 235,402,740 shares.
The total cash dividend, in an amount of €109 million, will be paid on June 15, 2017.