Shareholders' remuneration

Find out about the shareholder remuneration policy and the ways in which Ercros makes it effective

Capital social
In the same section:

Ways to reward our shareholders

Ercros' shareholder remuneration policy contemplates two ways of remunerating shareholders: the payment of dividends and the purchase of treasury shares for redemption.

Purchase of shares
Amortization of shares
Dividend
Shareholder remuneration policy
Análisis de la cotización

Ercros have paid out more than 114 million in shareholder remuneration

Since Ercros launched its shareholder remuneration policy in 2016 until 2022, it has paid out 114.4 million euros, of which 43.2 million euros have been allocated to dividend payments and the remaining 71.2 million euros to the purchase of treasury shares.

The board of directors on 04-25-2024 proposed allocating 8.8 million euros to the dividend payment, 32.7% of the 2023 profit.

Shareholders remuneration evolution

<iframe title="Shareholders remuneration evolution (ENG) " aria-label="Table" id="datawrapper-chart-adI4O" src="https://datawrapper.dwcdn.net/adI4O/2/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="385" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data["datawrapper-height"][t]+"px";e[r].style.height=i}}}))}();
</script>

The 2023 figures are pending approval by the shareholders' meeting.

Application of the fiscal year benefit

<iframe title="Application of the fiscal year benefit" aria-label="Stacked Bars" id="datawrapper-chart-0zzFq" src="https://datawrapper.dwcdn.net/0zzFq/1/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="335" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data["datawrapper-height"][t]+"px";e[r].style.height=i}}}))}();
</script>

The application of the 2023 annual benefit is pending approval by the shareholders' meeting.

In 2020, due to the negative impact of covid-19 on Ercros' business, one of the conditions set out in the shareholder remuneration policy was not met, which is why it was not possible to distribute a dividend or buy back treasury shares to be amortised against the profit for the year.