Annual report 2007
 

To be Shareholder

Shareholder’s rights

Regardless of the way in which shares are held, as a Carrefour shareholder you have the different rights.

The right to dividends
The dividend is the portion of the company’s net profit that is distributed to shareholders. The dividend is set by the General Meeting, after approval of the annual financial statements and of the allocation of the earnings proposed by the Executive Board, in agreement with the Supervisory Board.
In order to qualify for dividends, shareholders must hold the title to their shares on the day before the ex dividend date.

The right to information
The company must provide shareholders with regular information on its financial position as well as on all major new events that are likely to have an impact on its share price.

The right to vote
Each share has a voting right that the shareholder may exercise in order to vote on the resolutions that are proposed to General Meetings. Shares that have been registered for at least 2 years benefit from double voting rights.

The right to participate in transactions involving the company’s capital
The shareholders have a preferential right to subscribe to shares or be allocated shares as part of any transactions involving the company’s capital (unless this right is cancelled by a decision taken by the General Meeting).

 

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