The portfolio of treasury shares showed the following movements in 2024:
Number of shares | |
---|---|
Treasury shares held on December 31, 2023 (1) | 3,737,367 |
Disposals (exercise of stock options) and deliveries of free shares | Disposals (exercise of stock options) and deliveries of free shares Number of shares(1,673,636) |
Buybacks of treasury shares | Buybacks of treasury shares Number of shares1,481,711 |
Movements as part of the liquidity contract | Movements as part of the liquidity contract Number of shares26,671 |
Treasury shares held on December 31, 2024 (1) | Treasury shares held on December 31, 2024 ( 1) Number of shares3,572,113 |
As part of a share buyback program, Publicis Groupe SA bought back 1,031,711 treasury shares for euro 99 million during the first half of 2024. The purpose of this program was to meet obligations related to the current free share plans for employees without issuing new shares. In 2023, Publicis Groupe SA bought back 3,000,000 treasury shares for euro 222 million.
In addition, in June 2024, Publicis Groupe SA acquired a block of 150,000 treasury shares for euro 15 million from the shareholder Ms. Sophie Dulac, which will also be used to meet the Company’s obligations related to the current free share plans for employees, without having to issue new shares. The amount of the transaction corresponds to a price of euro 100.09 per share repurchased, i.e. a discount of 1% compared to the closing share price of euro 101.10 on June 13, 2024. This transaction is a related-party transaction.
Another separate buyback transaction occurred in July concerning 300,000 treasury shares for euro 29 million. These shares will also be used to meet the Company’s obligations regarding the current free share plans for employees, without having to issue new shares.
Per share (in euros) |
Total (in millions of euros) |
|
---|---|---|
Dividends paid in 2024 (for the 2023 financial year) | Dividends paid in 2024 (for the 2023 financial year) Per share (in euros) 3.40 |
Dividends paid in 2024 (for the 2023 financial year) Total (in millions of euros) 853 (1) |
Dividends proposed to the General Shareholders’ Meeting (for the 2024 financial year) | Dividends proposed to the General Shareholders’ Meeting (for the 2024 financial year) Per share (in euros) 3.60 |
Dividends proposed to the General Shareholders’ Meeting (for the 2024 financial year) Total (in millions of euros) 915 (2) |
(in thousands of euros) | Amount at December 31, 2023 |
Increase 2024 |
2024 reversal (used provision) |
2024 reversal (unused provision) |
Amount at December 31, 2024 |
---|---|---|---|---|---|
Other provisions for risks | Other provisions for risks Amount at December 31, 2023 5,989 |
Other provisions for risks Increase 2024 3 |
Other provisions for risks 2024 reversal(used provision) (4,234) |
Other provisions for risks 2024 reversal (unused provision) - |
Other provisions for risks Amount atDecember 31, 2024 1,758 |
Total | Total Amount at December 31, 2023 5,989 |
Total Increase 2024 3 |
Total 2024 reversal(used provision) (4,234) |
Total 2024 reversal (unused provision) - |
Total Amount atDecember 31, 2024 1,758 |
The reversals of provisions mainly relate to a tax dispute (see Note 7) for euro 4,200 thousand.