Page 59 - MEDIASET ESPAÑA / 2012. Corporate Responsibility Report

59
CORPORATE RESPONSIBILITY REPORT 2012
Shares in Mediaset España reached their highest point for
the year on 19 December 2012 at 5·96 euros, while their
lowest point for the year was on 5 May 2012 at 3·30
euros per share.
130
125
120
115
110
105
100
95
90
85
80
75
70
65
60
55
50
45
40
35
30
25
Market evolution
2012 dividend
After a detailed analysis of the current situation regarding
the Spanish market economy and the progress of the
advertising market, and in consistency with the austerity
measures put into practice by the company, the Board
of Directors have decided not to pay ordinary dividends
from the 2012 results.
Since its initial listing in 2004, Mediaset España has
historically paid dividends that entailed a 93,2% pay-out
of net profits. In current times, preserving the current
financial capacity may provide the company with
important competitive advantages within a sector in the
process of consolidation.
Stock market capitalisation (million €)
2,071
880
230
Source: Bloomberg
27/12 18/12 11/12 04/12 27/11 20/11 13/11 06/11 30/10 23/10 16/10 09/10 02/10 25/09 18/09 11/09 04/09 28/08 21/08 14/08 07/08 31/07 24/07 17/07 10/07 03/07 26/06 19/06 12/06 05/06 29/05 22/05 15/05 08/05 01/05 24/04 17/04 10/04 30/03 23/03 16/03 09/03 02/03 24/02 17/02 10/02 03/02 27/01 20/01 13/01 06/01 30/12
MES A3TV PRS IBEX
Source: Bloomberg