Share information

The share capital of Amadeus IT Group S.A. is 4,312,684.36 Euros, represented by 431,268,436 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:

• * pending from registration at the Commercial Registry of Madrid. 
• † Prior to Amadeus IT Holding S.A.'s listing (now Amadeus IT Group S.A.). 

As of March 31, 2019 the company holds 8,214,289 treasury shares of 0.01 Euros nominal value representing 1.87% of the share capital at the calling of the AGM. Out of those 7,554,070 shares are the result of the Share Buy-back Programme that was approved by  the Board of Directors on December 14, 2017,  and will be amortized following the decision adopte by the Shareholders' Meeting held on June 19, 2019.

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 13, 2018, 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

2018 Dividend

On June 19, 2019 the Shareholders' Meeting approved a dividend of a fixed amount of €1,175 per share  from the profit for the fiscal year 2018. The Board of Directors approved the distribution of an interim gross dividend of a fixed amount of €0.51 per share that was paid on January 17, 2019. The payment of the complementary dividend of €0,665 will be made effective on July 12, 2019 (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 10, 2019.

• * 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.