28.10.2016 08:25:00
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Total Announces Its Third Quarter 2016 Interim Dividend
Regulatory News:
The Board of Directors of TOTAL (Paris:FP) (LSE:TTA) (NYSE:TOT) met on October 27, 2016, and approved a third quarter 2016 interim dividend of 0.61 euro per share, unchanged compared to the second quarter of 2016. The record date will be March 17, 2016 and the ex-dividend date will be March 20, 2017.
The Board of Directors will meet on March 15, 2017, to:
- declare the third quarter 2016 interim dividend;
- offer the option for shareholders to receive the third quarter 2016 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 2016 interim dividend;
- set the period for exercising the option from March 20, 2017 to March 29, 2017, both dates inclusive; and
- confirm the payment of the dividend as from April 6, 2017.
American Depositary Receipts ("ADRs”) will receive the third quarter 2016 interim dividend in dollars based on the then-prevailing exchange rate according to the following timetable:
ADR ex-dividend date | March 15, 2017 | ||
ADR record date | March 17, 2017 | ||
ADR payment date in cash | April 13, 2017 | ||
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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About Total
Total is a global integrated energy producer and provider, a leading international oil and gas company, and the world’s second-ranked solar energy operator with SunPower. Our 96,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits. total.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20161027007054/en/
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