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 |
1Approved by the Board of Directors and paid on 7 November 2024 (0.1488 gross euros per share).
2Subject to the approval of the General Shareholders' Meeting.
- Interim Dividend: €1.1 billion, equivalent to 40% of consolidated net profit for the first half of 2024
- Final Dividend: April 2025, subject 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 | May-22 to Dec-22 |
| 2 | 500 | Sep-23 to Jan-24 |
| 3 | 500 | Mar-24 to May-24 |
| 4 | 500 | Jul-24 to Nov-24 |
| 5 | 500 | 19-Nov-24 |
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: October 2024