Total: 62% of 2019 dividend balance paid in shares
(CercleFinance.com) - Total announces that, at the end of the option period, which ran from 1 to 10 July inclusive, 62% of the rights were exercised in favour of the payment in shares of the dividend balance (0.
68 euro per share) for fiscal year 2019.
As a result, 38,063,688 new shares will be issued at an issue price set at 28.80 euros, representing 1.46% of the energy group's capital, based on the existing share capital at 30 June 2020.
The shares' settlement and delivery, and their admission to Euronext Paris will take place on 16 July. The balance of the dividend to be paid in cash amounts to 663 million euros and will also be paid from 16 July.
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