Home Media News & press releases Results of the 2019 dividend reinvestment ...

Press release

Finance 04 June 2020

Results of the 2019 dividend reinvestment plan

At the Annual Meeting on May 7, 2020, Edenred shareholders approved the payment of a 2019 dividend of €0.70 per share, with the option of reinvesting 100% of the dividend in new shares.

The option of reinvesting the dividend in shares was available from May 15 to May 29, 2020. At the end of the option period, almost 65% of rights were exercised in favor of the dividend payment in shares. This led to the issuance of 3,378,494 new shares of Edenred common stock, representing 1.39% of the share capital, which will be settled and begin trading on the Euronext Paris stock market on June 5, 2020.

The new shares carry dividend rights from January 1, 2020 and rank pari passu with existing shares of Edenred common stock. Following the issue, the Company’s share capital comprises 246,583,351 shares.

The total cash dividend, in an amount of €60 million, will be paid on June 5, 2020.

Disclaimer
This press release is for information only, and does not constitute an offer to buy securities or any solicitation to such effect. 

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 52 million users and 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), incentives (such as gift cards, employee engagement platforms), mobility (such as multi-energy, maintenance, toll, parking and commuter solutions) and corporate payments (such as virtual cards). 

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and softer mobility.

Edenred’s 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day. 
In 2022, thanks to its global technology assets, the Group managed some €38 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40 ESG, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good and MSCI Europe.

Read also

Press contacts

Matthieu SANTALUCIA

Media relations

By phone: +33 (0)6 83 54 12 10