At the Annual Meeting on May 14, 2019, Edenred shareholders approved the
payment of a 2018 dividend of EUR0.86 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 22 to
June 5, 2019. At the end of the option period, 70% of rights were exercised in
favor of the dividend payment in shares. This led to the issuance of 3,938,507
new shares of Edenred common stock, representing 1.65% of the share capital,
which will be settled and begin trading on the Euronext Paris stock market on
June 11, 2019.
The new shares carry dividend rights from January 1, 2019 and rank pari passu
with existing shares of Edenred common stock. Following the issue, the
Company's share capital comprises 243,204,857 shares.
The total cash dividend, in an amount of EUR62 million, will be paid on June
This press release is for information only, and does not constitute an offer to
buy securities or any solicitation to such effect.
Edenred, the global leader in payment solutions for the working world, connects
830,000 corporate clients, 47 million employee users and 1.7 million partner
merchants across 46 countries. Thanks to its global technology platform, the
Group managed 2.5 billion transactions in 2018, primarily carried out via
mobile applications, online platforms and cards, and representing more than
EUR28 billion in business volume.
Edenred's 8,500 staff are driven by a commitment to improving employees'
quality of life, increasing companies' efficiency and boosting merchants'
revenues. They achieve this through three business lines:
- Employee Benefits (food, meals, well-being, leisure, culture and human
- Fleet & Mobility Solutions (fuel, tolls, maintenance and business travel)
- Complementary solutions, including Corporate Payment Services (virtual
payment cards, identified wire transfers and supplier payments),
Incentives & Rewards (gift cards and platforms, and incentive programs),
and Public Social Programs.
Edenred is listed on the Euronext Paris stock exchange and included in the
following indices: CAC Next 20, FTSE4Good, DJSI Europe and MSCI Europe.
For more information: www.edenred.com
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registered trademarks of Edenred S.A., its subsidiaries or third parties. They
may not be used for commercial purposes without prior written consent from