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Creating Value for the ShareholdersBNP Paribas uses two methods to measure the value created for shareholders, based on a long/medium-term investment period reflecting the length of time that the majority of individual investors hold their BNP Paribas shares. Total shareholder return • Since privatisation in October 1993 Initial investment = 1 share at the IPO price (EUR 36.59 or FRF 240) on 18 October 1993. Reinvestment of dividends and the March 1995 allocation of one share for every 10 shares acquired at the time of the IPO and held for 18 months. COMMUNICATING WITH SHAREHOLDERSBNP Paribas endeavours to provide all shareholders with clear, consistent, high-quality information at regular intervals, in accordance with best market practice and the recommendations of the stock market authorities. The Investor Relations department informs institutional investors and financial analysts, in France and abroad, of the Group’s strategy. |