Two-Thirds of Dassault Shareholders to Receive Stock for Dividend

At the May 30 annual shareholders' meeting of Dassault Systemes , a dividend of 0.80 euros per share for fiscal 2012 was agreed upon, with each investor able to determine whether he or she wanted to receive the payout in cash or in new shares of the 3-D design software specialist.

Dassault announced today the results of the vote and said that 67.93% of those voting elected to receive new shares, which will be distributed at an issuance price of 91.71 euros. As a result, 741,175 new ordinary shares will be issued, representing 0.59% of the share capital and 0.44% of Dassault's voting rights calculated on the basis of the share capital and voting rights on May 31, with the new shares delivered on June 28.

Shareholders who elected to receive cash dividends will also be paid as from June 28, with the aggregate amount being 31.3 million euros. 

The article Two-Thirds of Dassault Shareholders to Receive Stock for Dividend originally appeared on Fool.com.

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Investing in Startups

The lucrative and risky world of startups.

View Course »

Introduction to Economic Indicators

Measure the performance of the economy.

View Course »

Add a Comment

*0 / 3000 Character Maximum