Orange - Assemblée Générale du 21 Mai 2019
Le 26/04/2019, la société a publié un avis de convocation comportant 4 résolutions externes et 1 point à l'ordre du jour :
Dividende :
La société propose d'augmenter son dividende à 0,70 €/action (soit 1 862 M€). Celui-ci ne sera donc couvert ni par le bénéfice par action du groupe (0,63 €), ni par les cash flow opérationnels net des cash flow d'investissements (954 M€). Aussi, au regard des futurs besoins en investissements du groupe (notamment face au défi de la 5G), mais également de la nécessité de maitriser voire réduire son endettement, cette proposition nous semble excessive, et on lui préfèrera la proposition du FCPE (0,55 €/action).
Rémunérations :
On appréciera que cette année, la société ait respecté la norme IFRS 2 relative aux paiements fondés en actions et ait indiqué dans ses tableaux de synthèses de la rémunération la valorisation des actions de performance attribuées en 2018 aux dirigeants.
Orange provides consumers, businesses and other telecommunications operators with a wide range of services including fixed telephony and mobile telecommunications, data transmission, Internet and multimedia, and other services. Co.'s portfolio comprises business lines (fixed-line, mobile, Internet), focusing on all customer segments (small and medium-sized businesses, multinationals), and personal and professional services for home, office, travel, and mobile. Co. manages eight operating segments: France, Poland, Spain, Rest of the Europe, Africa and Middle East, Other non-controlling equity interests, Enterprise Communication Services, and International Carriers and Shared Services.
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