We announced an increase in our 2019 dividend by 3.6% to € 0.86 per share, in line with our commitment to a progressive remuneration policy linked to our underlying earnings and free cash flow growth. Furthermore, we will start a four-year buyback programme with a capital allocation of €400 million in 2019 and in the following years, assuming a leverage steadily below 20%, an annual capital allocation either of €400 million in a $60-$65 Brent scenario or €800 million with a scenario above $65 Brent.
The interim dividend for the 2019 financial year will be paid on September 25, 2019 (ex-dividend date: September 23, 2019; record date: September 24, 2019).
Depending on the recipient’s fiscal status dividends are subject to a withholding tax or are treated in part as taxable income.
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