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Amadeus IT Group S.A.'s shares (former Amadeus IT Holding S.A.'s shares) are listed on the Stock Exchanges of Madrid, Barcelona, Bilbao and Valencia since 29 April 2010, under the ticket symbol AMS.
The share capital of Amadeus IT Group S.A. (former Amadeus IT Holding, S.A.) is 4,388,225.06 Euros, represented by 438,822,506 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. (former Amadeus IT Holding, 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.
|Reduction in Capital*
of the same class
(against the share premium account by increasing the share's nominal value)
of the same class
|Reduction in Capital
(Redemption of Class B shares)
of the same class
|Share Split 10 X 1
(from 0.01 Euros to 0.001 Euros applicable to Class A shares)
As of March 31, 2018 the company holds 3,234,396 treasury shares of 0.01 Euros nominal value representing 0.74% of the share capital.
The Shareholders' General Meeting held on the 20 June 2013, 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.
On December 14, 2017 The Board of Directors has agreed to undertake a Share Buy-back Programme in accordance with the authorization granted by the Ordinary General Shareholders’ Meeting held on 20 June 2013.
The Buy-back Programme will be carried out in accordance with the provisions of the Commission Delegated Regulation (EU) 2016/1052 of 8 of March, in order to reduce the share capital of the Company through the redemption of shares, subject to the prior agreement to be granted by the Ordinary General Shareholders’ Meeting to take place after the closing of each of the respective tranches of the Programme.
The maximum investment of the Buy-back Programme will be €1,000 million and under no circumstances shall the number of shares to be acquired under the Programme exceed 25,000,000 shares, representing 5.69% of the share capital of the Company.
Maximum execution period: 27 months (from January 1, 2018 to March 31, 2020), without considering potential suspension periods. Execution of the Buy-back Programme: Two tranches
- Tranch 1: Up to €500 million (non-cancellable), 15 months term (from January 1, 2018 to March 31, 2019), with a compulsory minimum purchase period of 9 months.
- Tranch 2: Up to €500 million (cancellable if the circumstances so required, at Company’s discretion), 12 months term (from April 1, 2019 to March 31, 2020) with a compulsory minimum purchase period of 9 months.
Notwithstanding the above, Amadeus reserves the right to terminate the Buy-back Programme if, prior to its expiration date, Amadeus has acquired thereunder shares for a purchase price that reached the maximum investment price or has acquired the maximum number of shares under the Programme. An irrevocable mandate to purchase shares will be granted to the financial entity acting as agent on behalf of the Company for the execution of the Buy-back Programme and it will make its purchasing decisions independently and without influence from Amadeus.
According to the Relevant Fact issued on December 27, 2017 the execution of the Share buy-back programme will be conducted by Crédit Agricole Corporate and Investment Bank, acting as agent on behalf of the company.
The Company will be issuing weekly Relevant Facts with periodic information on the evolution of the programme, to access that information please check on the CNMV section of this website.
|Shareholder||Nº of shares||% share capital|
|Free Float (1)||435,142,249||99.16%|
|Treasury shares (2)||3,234,396||0.74%|
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 14, 2017, the Board of Directors of Amadeus IT Group S.A. (formerly Amadeus IT Holding, S.A) has resolved to extend the current dividend policy to the period of 2017.
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 determined by the shareholders at the Shareholders' General Meetings
|Date of payment||Concept||Dividend per share*||Total dividend*|
|Jun 29, 2018||2017 Complementary Dividend||€0.655||-|
|Jan 31, 2018||2017 Interim Dividend||€0.48||-|
|Jun 30, 2017||2016 Complementary Dividend||€0.54||237.0 M€|
|Feb 1, 2017||2016 Interim Dividend||€0.40||175.5 M€|
|Jul 28, 2016||2015 Complementary Dividend||€0.435||190.9 M€|
|Jan 28, 2016||2015 Interim Dividend||€0.34||149.2 M€|
|Jul 30, 2015||2014 Complementary Dividend||€0.38||170.1 M€|
|Jan 30, 2015||2014 Interim Dividend||€0.32||143.2 M€|
|Jul 29, 2014||2013 Complementary Dividend||€0.325||146.3 M€|
|Jan 31, 2014||2013 Interim Dividend||€0.30||133.4 M€|
|Jul 30, 2013||2012 Complementary Dividend||€0.25||111.9 M€|
|Jan 30, 2013||2012 Interim Dividend||€0.25||111.9 M€|
On December 14, 2017, the Board of Directors of the Company proposed a 50% pay-out target ratio for the year 2017 (the maximum percentage applicable within the approved 40% to 50% pay-out range). Accordingly, the Board of Directors has approved the distribution of an interim gross dividend from the profit for the fiscal year 2017 of a fixed amount of €0.48 per share. The payment of the interim dividend was made effective on January 31, 2018 (payment date) through the member entities of the Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A., (IBERCLEAR), with Banco Bilbao Vizcaya Argentaria acting as paying agent, ex-date January 29, 2018.
On June 21, 2018 the Annual Shareholder 's Meeting approved a final gross dividend of € 1.135 per share from the profit for the fiscal year 2017. After the payment of the gross interim dividend mentioned above, there is still remaining a complementary gross dividend of € 0.655 per share, which will be made effective on June 29, 2018 (payment date) through the member entities of the Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A., (IBERCLEAR), with Banco Bilbao Vizcaya Argentaria acting as paying agent, ex-date July 27, 2018.
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