Total: Combined Shareholders’ Meeting of June...
Total: Combined Shareholders’ Meeting of June 1St, 2018: Approval of Resolutions Proposed by the Board of Directors, Patrick Pouyanné Reappointed as Chairman and CEO
TOTAL
The Annual Shareholders’ Meeting of Total S.A. (Paris:FP) (LSE:TTA) (NYSE:TOT) was held on June 1, 2018, under the chairmanship of Patrick Pouyanné. The Shareholders adopted all resolutions recommended by the Board of Directors, including:
- Approval of the 2017 financial statements and the payment of a dividend of €2.48 per share, a 1.2% increase compared to the previous year;
- The option for shareholders to receive the final 2017 dividend of 0.62 €/share and any 2018 interim dividends in cash or in new shares of the Company;
- Renewal of the terms as Directors of Mrs. Anne-Marie Idrac, Mr. Patrick Pouyanné and Mr. Patrick Artus, for a three-year period;
- Approval of the elements of compensation due or granted to the Chairman and Chief Executive Officer for year 2017;
- Approval of the principles and criteria for the determination of the compensation granted to the Chairman and Chief Executive Officer for year 2018.
- Various delegations of authority and financial authorizations granted to the Board of Directors
The full results of the votes and the presentations made to the shareholders will be available on Total’s corporate website total.com in the coming days.
Patrick Pouyanné, Chairman and CEO, highlighted the strength of the Group’s financial results, which demonstrates the quality of the strategic and industrial choices made since 2015. He also reviewed the implementation of the Group's strategy, the environmental and social responsibility policy, and the shareholder return policy
The Board of Directors met after the Shareholders' Meeting and unanimously decided to reappoint Mr. Patrick Pouyanné as Chairman and Chief Executive Officer for the duration of his term as Director.
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About Total
Total is a global integrated energy producer and provider, a leading international oil and gas company, a major player in low-carbon energies. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.
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Cautionary note
This press release, from which no legal
consequences may be drawn, is for information purposes only. The
entities in which TOTAL S.A. directly or indirectly owns investments are
separate legal entities. TOTAL S.A. has no liability for their acts or
omissions. In this document, the terms “Total†and “Total Group†are
sometimes used for convenience where general references are made to
TOTAL S.A. and/or its subsidiaries. Likewise, the words “weâ€, “us†and
“our†may also be used to refer to subsidiaries in general or to those
who work for them.
This document may contain forward-looking
information and statements that are based on a number of economic data
and assumptions made in a given economic, competitive and regulatory
environment. They may prove to be inaccurate in the future and are
subject to a number of risk factors. Neither TOTAL S.A. nor any of its
subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained
in this document whether as a result of new information, future events
or otherwise.
Total
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+33 1 47 44 46 99
presse@total.com
@TotalPress
or
Investor
Relations:
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180601005401/en/
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