Ownership structure and capital allocation policy

Ownership structure at December 31, 2021:

Ownership structure at December 31, 2021

 

The free float represents 99.6% of outstanding shares.

For more information, see Chapter 3 “Information on capital and shareholders”.

 

Capital allocation policy

As part of its commitment to maintaining its position as a leading digital innovator and thereby ensuring sustainable and profitable growth, Edenred plans to earmark between 6% and 7% of its total revenue each year for investments in the period 2019-2022, focusing mainly on the ongoing development of its technology assets.

At the same time, Edenred intends to seize external growth opportunities in line with the strategic ambitions of the Next Frontier plan, subject to meeting stringent financial criteria. These acquisitions will provide the Group with an additional source of value creation.

The Group recommends a dividend of €0.90 per share in respect of the 2021 financial year. Consistent with the Group’s growth profile, performance and solid financial position, the dividend is up 20% from last year. The dividend will be submitted to shareholders for approval at Edenred’s Combined General Meeting on May 11, 2022. Payment of the dividend will be made solely in cash.

 

Dividends in the past three years