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Being a shareholder confers certain rights:
Monetary right
The shareholder’s remuneration includes:
- The net dividend or the amount actually paid to the shareholder;
- The tax credit, for personal shareholders, equal to 50% of the net dividend (until 1 January 2005).
These two components together form the gross dividend. The amount of the dividend depends on the company’s results. It is the part of Saint-Gobain’s earnings that the General Meeting decides to allocate to the shareholders on the advice of the Board of Directors. The retained earnings are added to the shareholders’ equity, which is used to finance the company’s growth. To be paid a dividend, you need to be the owner of a share at the time the dividend is paid. Shareholders need take no action to receive their dividend.
Access to information
In addition to the information that all shareholders can get from the Investor Relations Department, shareholders may exercise their right to information by requesting or consulting various documents concerning the running of the company:
- Either, on a preliminary basis, from the effective date of the call to attend the General Meeting, or within the 15 days preceding it;
- Or, on a permanent basis, by viewing, at the headquarters, the corporate documents covering the last three financial years. |
