Share information

The share capital of Amadeus IT Group S.A. is 4,504,992.05 Euros, represented by 450,499,205 shares of 0.01 Euros of nominal value each, corresponding to a single class. The number of voting rights is equivalent to the number of shares. 

The share capital is completely subscribed and paid in.

The shares of Amadeus IT Group S.A. are listed on the Stock Exchanges of Madrid, Barcelona, Bilbao and Valencia, and are traded through the Automated Quotation System (Continuous Market). As from 1st January 2011, the shares of Amadeus IT Group S.A. (former Amadeus IT Holding, S.A.) are part of the Spanish selective index IBEX 35.

The shares are represented by book entries. The accounting record is kept by the Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A. (Iberclear) and its associate entities.

There are no option plans in place for Amadeus' employees which may have a dilution effect on shares.

Evolution of the share capital and nominal value of the shares:

• * Registered with the Commercial Registry of Madrid on  April 3, 2020.
• † Prior to Amadeus IT Holding S.A.'s listing (now Amadeus IT Group S.A.). 

In June 2019, 7,554,070 shares which were the result of the Share Buy-back Programme that was approved by  the Board of Directors on December 14, 2017, were amortized following the decision adopted by the Shareholders' Meeting held on June 19, 2019 and registered with the Commercial Registry of Madrid on July 11, 2019.

As of April 2, 2020 the company holds  594,695 treasury shares of 0.01 Euros nominal value representing 0.13% of the share capital after the capital increase of April2, 2020 registered with the Commercial Registry of Madrid on April 3, 2020. 

The Shareholders' General Meeting held on the 21 June 2018, authorized the Board of Directors to acquire treasury shares up to a maximum of 10% of the share capital, for a term of 5 years as of the date of the aforementioned Shareholders' General Meeting’s resolution. In compliance with article 146.1, paragraph 3, point a) of the Capital Companies Law, the treasury shares shall be transferred, amortized or applied to remuneration systems.

The Board of Amadeus IT Holding, S.A. (currently Amadeus IT Group S.A.), in the meeting held on October 18, 2012, reviewed the dividend policy of the Company, increasing the proposed pay-out ratio to between 40% and 50% of the consolidated profit (excluding extraordinary items), compared to the previous policy, fixed in 2010, which consisted of a pay-out ratio of between 30% and 40%. The new dividend policy, applicable to the period of 2012 and onwards, also establishes the payment of an interim dividend related to the results of each financial period. On December 12, 2019, the Board of Directors of Amadeus IT Group S.A. resolved to extend the current dividend policy to the period of 2018.

The amount of future dividends and the dividend policy will depend on a number of factors, including earnings, financial condition, debt service obligations, cash requirements, prospects or market conditions. The amount of dividends is proposed by our Board of Directors and agreed by the shareholders at the Shareholders' General Meetings

2019 Dividend

On February 27, 2020 the Board of Directors of Amadeus agreed on the proposal of a gross dividend of €1.30 per share, representing a 10.6% increase vs. the 2018 dividend and a 50% of the reported profit,  for the approval of the General Shareolders Assembly. 

From this amount, an interim dividend of €0.56 per share (gross) was paid, in full, on January 17, 2020,  while the complementary dividend of €0.74 was left pending. However, on March 23, 2020  the complementary dividend was cancelled as part of a set of measures agreed by the Board of Director to offset the severe impact of on our business and on the travel industry as a whole. Additionally on that date, the Board of Directors agreed on a new dividend proposal to be presented to the General Shareholders Assembly, by which the interim dividend becomes the final 2019 dividend, and the outstanding net profit goes to  "other reserves. Please check the CNMV filing of March 23, 2020 for additional information.

• * Disclaimer: Amadeus IT Group, S.A. is covered by the analysts at the brokerage firms listed above. This list may not be exhaustive and may be subject to changes. It is important to clarify that any information, estimates, forecasts, opinions, conclusions or recommendations related to Amadeus IT Group, S.A.'s performance provided by these analysts are independent and do not represent those made by Amadeus IT Group, S.A. or its management. Under no circumstance whatsoever shall it be understood or implied that by the above mentioned reference to the list of analysts or the distribution of the information, estimates, forecasts, opinions, conclusions or recommendations made by the analysts, Amadeus IT Group, S.A. endorses or is in concurrence or agreement with any of them.