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This information can be found on "BNP Paribas Share", "Share Price"
A 144A ADR program has been active in the USA since the privatisation of BNP in 1993. This program was upgraded to Level 1 on 17 March 2000, providing wider access to US investors.
Since the two-for-one share-split on 20 February 2002, 2 ADRs have represented 1 BNP Paribas share.
For further information, please check our page about ADR
BNP Paribas shares are listed on the Paris Stock Exchange (ISIN code = FR0000131104, eligible for Euronext's Deferred Settlement Service). The shares are also traded on SEAQ International in London, in Milan on the MTA International and on the Frankfurt Stock Exchange
Generally speaking, in order to receive the dividend on a share, you must own it on the ex-dividend date; therefore:
• if you purchase shares over the counter, all you have to do is to acquire the BNP Paribas shares on the day before the ex-dividend date, that will occur on Wednesday 20 May 2009; you must then have bought the stock on Tuesday 19 May 2009 at the latest;
• if you place an order through the SRD deferred settlement system, the transfer of property will take place on the day of the settlement/delivery, i.e. the last trading day of the month in question. For instance, for a dividend paid on 16 June 2009:
- to receive the dividend, the share must have been purchased during the settlement period preceding the ex-dividend date, i.e. on Friday 24 April 2009 at the latest, the settlement date being 30 April 2009;
- if you acquire shares between Monday 27 April and Tuesday 19 May 2009 (last trading day before Wednesday 20 May 2009), you will not yet own your shares on the ex-dividend date of 20 May (since they will only be delivered on Friday 29 May); you will thus not receive directly the dividend, but a compensatory indemnity equal to the dividend will be paid by your intermediary: from a fiscal viewpoint, this indemnity will be considered as lowering your purchase price, and will therefore increase the possible capital gain arising from the future sale of your shares.
You have the choice of using either:
• the last known price as of 31 December 2008: 30.25 euros,
• or the average closing prices of the last thirty market sessions in 2008: 38.04 euros.
The dividend is 1.00 euro per share. This dividend will be paid on June 16th, 2009.
. Concerning the first share exchange offer (also accompanied by Contingent Value Rights -Certificats de Valeur Garantie- whose cost price is then deemed to be zero -) which ended on August 6, 1999, the starting price of the BNP share was 74.4 euros (FRF488.03) -the opening price on August 23, 1999-, equal to an exchange value for the Paribas share of 107,88 euros (or FRF707,65).
· Concerning the Simplified Offer ended October 21, 1999, the price adopted for the BNP share was 85 euros (FRF557,56) -the opening price on November 4, 1999- equal to a transfer value of the Paribas share fixed at 123,25 euros (FRF808,47).
At the macroeconomic level (the summit meetings in Rio in 1992 and in Johannesburg in 2002), "sustainable development" means development that "meets the needs of the present time without compromising the ability of future generations to meet their own needs". When applied to corporate conduct, the concept strives to reconcile economic efficiency - i.e. good financial performances while creating sound and recurrent value - with social progress, respect for the environment and a responsible attitude towards society in general. Investors place a premium on this idea because they consider that companies able to satisfy such requirements at one and the same time are those that have succeeded, and will continue to succeed, in implementing structural policies whose aim is to ensure continuous profitable growth. BNP Paribas, which has followed this approach since its inception, chose to unveil its "sustainable development" initiatives in its annual report for 2001. As a result, it has already met the requirement in
France that is formulated in the law on New Economic Regulations (Nouvelles Régulations Economiques) that will not take effect until 2003.
A report on BNP Paribas Sustainable Development action is available in the "Reports part" of this site : "Sustainable Development".
This coverage must be equivalent to 20% if it is made up of liquid assets, Treasury bills or mutual funds mainly constituted of cash; the percentage is raised to 25% if composed of listed bonds , marketable securities or mutual funds for this latter type of assets. If your coverage is made up of listed shares or mutual funds invested in shares, the guarantee must cover 40% of the planned purchase. In fact, your broker or financial intermediary is free to determine a higher coverage if deemed more appropriate
report on BNP Paribas Sustainable Development action is available in the "Reports" part of this site: "Sustainable Development".
Page last update 03/07/2009 - © BNP Paribas Legal information | Accessibility