Air Liquide regularly attributes free shares to all its shareholders: 28 such attributions have been made to date. The attribution of free shares offers you the opportunity to expand your portfolio over time.
Over 50% of profits distributed to shareholders
Air Liquide distributes over 50% of its profits to shareholders in the form of dividends. In addition to that, the Group also distributes a portion of its retained earnings in the form of free shares attributed in proportion to the number of shares held by each shareholder. These free shares have the same characteristics (seniority, voting, dividend and loyalty bonus rights) as the shares they come from. In the second semester of 2017, one free share will be attributed for every 10 shares already held.
10% more free shares
Remember that this free share attribution can be increased through the loyalty bonus. So if you hold your registered shares for more than two full calendar years, the loyalty bonus gives you a 10% increase in the number of free shares you will be attributed.
If the number of shares you hold is not a multiple of the attribution transaction parity set, you will receive a cash payment for the portion of the free share that cannot be distributed. This is known as a 'fractional right'. Fractional rights must be included in your sales total when paying capital gains tax. All fractional rights and capital gains are taxable from the first euro.