The dividend

The dividend is the part of the net annual profit which is distributed to the shareholders.

The dividend and its date of payment (detachment date) are proposed by the Board of Directors and subject to the shareholder approval at the Annual General Meeting

To obtain the dividend, you have to have purchased at least one PPR share the day before the detachment date.

 

The dividend is automatically paid, without any specific required procedure from the shareholder.

• For holders of administered registered shares and bearer shares, your financial intermediary will credit your account according to the number of shares you own.  
  
• For holders of ordinary registered shares, CACEIS will send to you a letter-check or will wire the amount to your bank account on the date the dividend is paid

2008 dividend for fiscal year 2007

 

The General Shareholders’ Meeting approved to pay out as from June 16, 2008 a net amount of €3.45 per share. The coupon shall be detached from the share on June 11 and payable in cash from June 16, on positions closed on June 13 in the evening.

 

Pursuant to Article 243 bis of the General Tax Code, the dividend distributed to individuals resident for tax purposes in France is entirely eligible for the 40% tax allowance, provided for in Article 158-3 2° of the General Tax Code, with respect to 2006 income tax.