Lafarge Board of Directors today decided to fix the proposed 2015 ordinary dividend at €1.27 per share.
This adjustment aims at equalizing dividends to be paid by Lafarge and Holcim based on the dividend announced today by Holcim in accordance with the Combination Agreement between Lafarge and Holcim signed on July 7, 2014.
In the context of the planned merger, the Board of Directors also decided to propose an acceleration of the payment date of the Lafarge dividend compared to past practice, with a proposed ex-dividend date on May 8, 2015 and a payment date on May 12, 2015.
These proposals are subject to the approval by the Lafarge Annual General Meeting to be held on May 7, 2015.
NOTES TO EDITORS
A world leader in building materials, Lafarge employs 63,000 people in 61 countries, and posted sales of €12.8 billion in 2014. As a top-ranking player in its Cement, Aggregates and Concrete businesses, it contributes to the construction of cities around the world, through its innovative solutions providing them with more housing and making them more compact, more durable, more beautiful, and better connected. With the world's leading building materials research facility, Lafarge places innovation at the heart of its priorities in order to contribute to more sustainable construction and to better serve architectural creativity.