- 3 min
Crédit Agricole S.A. Annual General shareholders’ Meeting
Paris, 19 May 2010
Crédit Agricole S.A. today held its Annual General shareholders’ Meeting at the Palais des Congrès in Paris, France. The meeting was chaired by René Carron, Crédit Agricole S.A. Chairman, and Jean-Paul Chifflet, Chief Executive Officer.
Close to one thousand shareholders attended the meeting in Paris. With a quorum of 70,79 %, the General Meeting approved all the resolutions proposed by the board of Directors.
The net dividend for 2009 was set at €0.45 per share. The meeting approved the option for shareholders to receive the dividend either in cash or in newly issued shares of the Company, for 100% of their distribution, with an issue price of € 9.28.
After approval from the meeting, SAS Rue la Boétie, the majority shareholder in Crédit Agricole S.A , confirmed its intention to take the dividend in newly issued shares of the Company, confirming said the announcement made at the publication of the annual results in February 2010...