GECINA - REFERENCE DOCUMENT 2017
PRESENTATION OF THE GROUP
Gecina’s fundamentals: centrality, scarcity, innovation
01
MONTHLY CHANGE IN THE SHARE PRICE AND IN THE VOLUME OF SECURITIES TRADED OVER 3 YEARS
higher
monthly volumes
average
In thousands
In euros
lower
3,500
153.9
140.3
140.4
139.2
139.4
137.4
137.2
137.2
137.6
135.3
3,000
132.7
132.1
139.0
129.9
129.3
129.6
129.5
128.6
136.5
128.3
127.6
134.1
124.2
124.3
132.3
123.7
121.8
129.3
128.0
120.2
119.5
128.0
126.7
127.2
118.6
118.9
127.1
118.1
126.5
118.0
117.0
115.8
115.5
116.6
115.0
114.9
113.2
121.9
119.0
119.6
119.1
2,500
118.2
116.4
115.4
115.6
115.2
113.1
112.8
111.6
111.6
111.0
107.9
107.7
107.3
106.6
106.6
104.4
104.3
104.1
100.0
102.1
102.7
2,000
1,500
1,000
500
0
Dec 17
Dec 16
Dec 15
Oct. 17
Oct. 16
Oct. 15
July 17
July 16
July 15
May 17
May 16
May 15
Jan. 17
Jan. 16
Jan. 15
Feb. 17
Feb. 16
Feb. 15
Nov. 17
Nov. 16
Nov. 15
Aug. 17
April 17
Aug. 16
April 16
Aug. 15
April 15
June 17
June 16
June 15
Sept. 17
Sept. 16
Sept. 15
March 17
March 16
March 15
From December 31, 2014, the last trading day of the year 2014, to December 29, 2017, the Gecina share price rose from €101.04 to €153.90, an increase of 52.3% in three years, outperforming both the SBF120 index (+26.5%) and the EPRA Europe (+16.04%) and IEIF SIIC France (+26.8%) sectoral indices. Over 2017, the share price rose +19.93%, compared to a +10.84% rise of the SBF120 index and the increases of the
EPRA Europe (+9.30%) and IEIF SIIC France (+11.74%) sectoral indices. The total number of Gecina shares traded between January 2 and December 29, 2017 on Euronext Paris was 22,908,302 (18,990,835 in 2016), with a daily average of 89,836 shares (73,894 in 2016). Over this period, the share price reached a high of €153.90 and a low of €112.80.
DIVIDENDS WHICH HAVE GROWN CONTINUOUSLY SINCE 2013
As regards the payment of dividends to shareholders, Gecina conducts an attractive long-term policy. Payment is regular and, on average, up +4.3% annually since 2013.
€4.40 €4.60 €4.65 €5,00
€5.20
€5.30
2013 2014 2015 2016 2017 2018
In respect of 2017, a cash dividend of €5.30 per share will be proposed to the General Meeting of April 18, 2018. Once the 2017 dividend has been released for payment, a 50% interim payment (€2.65) will be made in cash on March 8, 2018, followed by the balance (€2.65) on July 5, 2018, for which shareholders will be able to choose to receive a payment in new shares or cash.
11
GECINA - REFERENCE DOCUMENT 2017
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