Rexel 2017 Annual Shareholders’ Meeting
Rexel held its Annual Shareholders’ Meeting today in Paris. The shareholders approved all the resolutions.
The results of the votes are available on the website of the Company: http://www.rexel.com/en/medias/events/2017-annual-general-shareholders-meeting/
Dividend of €0.40 per share
Rexel shareholders approved the payment of a dividend of €0.40 per share. This dividend is in line with Rexel’s policy of distributing at least 40% of its net recurring profit. It will be fully paid in cash. The detachment from the share on the regulated market of Euronext in Paris will take place on July 5, 2017. The payment will take place on July 7, 2017.
Ratification of the cooption of two Directors, renewal of the term of office of two Directors and appointment a new Director
Rexel shareholders also ratified the cooption as Directors of Ian Meakins and Agnès Touraine, decided by the Board of Directors respectively held on July, 1st, 2016 and February 10, 2017, approved the renewal of Ian Meakins and François Henrot as Directors for four years and the appointment of Patrick Berard as Director for four years.