Dividend Information

Dividend Policy

The Board of SES is proposing a dividend of EUR 0.40 for each A class share for 2019. This dividend, which is subject to approval at the company's AGM on 2 April 2020, will be paid to shareholders on 23 April 2020.

The dividend in recent years has been as follows:

Financial Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Dividend per A Class share (Euros) 0.73 0.80 0.88 0.97 1.07 1.18 1.30 1.34 0.80 0.80 0.40

Tax Credits

Dividend payments made to SES shareholders are subject to a Luxembourg withholding tax of 15%. In many instances, depending on the tax domicile of the shareholder, this tax credit can be used to offset other taxes that might be payable by the shareholder. For more information on this subject, shareholders should consult their broker or tax adviser.

Share Buy-Back

Official notifications sent to the Autorité des Marchés Financiers (AMF) describing the share buy-back Programme at SES:
Official notice of Share-Buy-Back programme 20 April 2020 (FR)

In accordance with Article 241-4 of the regulations of the AMF, the quantity, cost and average cost of shares bought as part of the Buy-Back Programme are reported as required.

Official notifications describing the old share buy-back Programme at SES, sent to the Autorité des Marchés Financiers (AMF):

Official notice of Share-Buy-Back programme 9 April 2019 (FR)

Official notice of Share-Buy-Back programme 9 April 2018 (FR)

Official notice of Share-Buy-Back programme 7 April 2017 (FR)

Official notice of Share-Buy-Back programme 8 April 2016 - FR

Official notice of Share-Buy-Back programme 3 April 2015 (FR)

Official notice of Share-Buy-Back programme 4 April 2014 (FR)

Official notice of the Share Buy-Back programme 25 May 2011 (FR)

Official notice of the Share Buy-Back Programme 10 June 2010 FR)

Official notice of the Share Buy-Back Programme 4 July 2008 (FR)

Official notice of the Share Buy-Back Programme 12 March 2008 (FR)

Liquidity Contra

Liquidity Contract

SES has established with Rothschild & Cie Banque, an investment services institution, a liquidity contract that abides with the code of conduct set out by the French Association of Financial Markets and ratified by the AMF (l'Autorité des Marchés Financiers) on the 1st of March 2011.

This liquidity contract starts on 1st of August 2013. For further information, please refer to the announcement made to the AMF (in French).

Cessation d'un contract de liquidite et mise en oeuvre d'un nouveau contract de liquidite