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Dividend Policy

MAIN TARGETS

SUPERIOR LONG-TERM RETURNS WITH LOW RISK PROFILE

  • Growing organic capex plan with fair regulation
  • Asset-light services
  • Operational excellence and efficiency
  • All growth targets improved to 2021
  • Well positioned to capture additional accretive opportunities

Plan entirely financed with organic cash flow
       

Dividend policy updated

     
  • +2.5% DPS growth confirmed for 2018 and extended to 2019
  • 2019 DPS is a floor in real terms to 2021

Buyback optionality

     
  • The authorization for a new buyback plan will be requested at the Ordinary Shareholder Meeting
  • Up to 6.5% outstanding shares
  • Max amount: €500 mn

Over the 17 years of quotation Snam has always distributed dividends to its shareholders, for a total amount of 12.3 billion euro.

DIVIDEND PER SHARE (€ cent - for the period)

 

Demerger Italgas

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updated
05 April 2018 - 13:51 CEST