118
Corporate Governance Report
The below graph indicates the evolution of the compa-
ny’s share quotation, identifying the most relevant oc-
currences during the year:
During the year 2012 there was no emission of shares
or of other securities.
The dividends for financial year 2011 were paid as from
the 11
th
May 2012. A gross value of €0.055 per share
was paid, which in net terms represented a value of
€0.04125 per share.
III.9. Description of the dividend distribution policy
adopted by the company, including the dividend
value per share distributed during the last three pe-
riods.
The dividends policy is the responsibility of the Board of
Directors and depends on various factors, including the
Ibersol results, investment plans, financing needs and
2
3
4
5
2.000
3.000
4.000
5.000
6.000
7.000
8.000
9.000
Mar 22.:
Apres.
Res.
2011
Mai 21.:
Apres.
Res. 1º
Trim. 12
Mai 11.:
payment
dividend
Jan-12
Fev-12
Mai-12
Out-12
Dez-12
Nov-12
Jun-12
Jul-12
Ago-12
Set-12
Abr-12
Mar-12
——
Ibersol
——
PSI 20
Ago 30.:
Apres.
Res. 1º
Sem. 12
Nov 16.:
Apres.
Res. 3º
Trim. 12
