Rexel announces that its Board of Directors has decided to submit to the AGM of April 30, the distribution of a dividend of 1.20 euro per share. The ex-dividend date is set for May 15, and the dividend will be payable on May 17.
The Board has also unanimously decided, on the recommendation of the Appointments, Governance and CSR Committee, to propose the appointment of Eric Labaye and Catherine Vandenborre as new independent members of the Board for a four-year term.
The renewal of Brigitte Cantaloube's term of office as director will also be proposed. François Henrot has also informed the Board of his resignation as director, effective at the close of the AGM on April 30.
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Rexel is the world's leading professional distributor of electrical equipment. Present in 19 countries, the Group offers electrical products and solutions to professionals for buildings and for residential, industrial, and tertiary infrastructures, through a multi-brand network of 1,972 outlets. The products and solutions marketed by the group are in response to demands for electrical equipment, lighting, security, climate control, communication, industrial automation, and energy savings. The activity is organized around 3 markets:
- tertiary: malls, sports facilities, hospitals, airports, etc.;
- industry: system integrators, production site builders and equipment producers;
- residential: comfort, security, and home automation.
Net sales are distributed geographically as follows: Europe (50.2%), North America (43%) and Asia/Pacific (6.8%).