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ITEN

Dividend Policy

MAIN TARGETS

SUPERIOR LONG-TERM RETURNS WITH LOW RISK PROFILE

  • Growing organic capex plan with fair regulation
  • New stream of asset-light services
  • Operational excellence and efficiency
  • Well positioned to capture additional accretive opportunities

Strict financial discipline
       

Dividend policy confirmed

  • Dps in 2017: € 21.55 cents
  • Dps CAGR 2016-2018: +2.5%

Interim dividend from 2018

BUYBACK OPTIONALITY

  • Up to 3,5% outstanding shares
  • Max import: 500 mn €
  • Execution flexibility based on evolution of financial performance and alternative investment opportunities

Over the 16 years of quotation Snam has always distributed dividends to its shareholders, for a total amount of 11.3 billion euro.

DIVIDEND PER SHARE

 
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updated
09 March 2017 - 10:53 CET