Print pageRemuneration of Shareholders
Dividends in 2024
Distribution of between 50% and 60% of consolidated net profit, by means of two cash payments in line with the current plan:
 |
50%-60% consolidated net profit |
 |
November 20241 April 20252 |
1For an amount between 30 and 40% of the consolidated net profit for the first half of 2024.
2Subject to the approval of the General Shareholders' Meeting.
Dividends in 2023:
€2.9 billion, equivalent to 60% of consolidated net profit in 2023
Dividends in 2022:
€1.7 billion, equivalent to 55% of consolidated net profit in 2022
For more information on dividends, please refer to the Policies and other corporate documents section and the Dividends section.
Extraordinary distribution under the 2022-2024 Strategic Plan
Within the framework of the 2022-2024 Strategic Plan, 4 extraordinary share repurchase programmes have been approved:
| Programme | Amount (in millions of euros) |
Execution period |
|---|---|---|
| 1 | 1,800 | 2022 |
| 2 | 500 | Sep-23 to Jan-24 |
| 3 | 500 | Mar-24 to Apr-24 |
| 4 | 500 | Jul-24 to Jan-251 |
1Share buyback programme currently in execution.
For more information on share buyback programmes, please refer to the Insider Information and Other Relevant Information sections.
Total distribution within the framework of the 2022-2024 Strategic Plan
The strategic target for 2022-24 capital distribution capacity has been set at €12 billion, of which €7.4 billion has been distributed:
In ordinary dividends: €4.6 billion
In extraordinary share buyback programmes: €2.8 billion
Last update: August 2024