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MEDIASET ESPAÑA COMUNICACIÓN, S.A.
e) Dividends
During the general shareholders meeting, the decision was made to distribute profit for 2014 as follows:
Thousands of euros
Profit for the year
Individual
59,963
Goodwill reserve
14,399
Offset of years’ losses
8,594
Dividends
36,970
Total
59,963
The ordinary dividend amounts to 0.1009635 euros per share after deducting the amount corresponding to the
Company’s treasury shares.
The distribution of an extraordinary dividend was also agreed upon, charged to unrestricted reserves in the amount of
10,571 thousand euros, equivalent to 0.0290365 euros per share, after discounting the amount corresponding to the
Company’s treasury shares.
Both dividends were paid to the shareholders of Mediaset España Comunicación, S.A. on May 4, 2015.
f) Treasury shares and equity investments
Treasury shares were acquired mainly to cover Company commitments in relation to share option plans. These plans
are discussed in Note 17 to the financial statements. However, due to the sale of the 22% share in DTS Distribuidora de
TV Digital, S.A. during 2014, the decision was made to create a repurchasing plan designed so that shareholders would
receive a remuneration similar to the amount of the acquisition of the investment.
This plan finalized in 2015, with a new plan scheduled for launch in October 2015 with a maximum amount of 150
million euros, which at the date of the preparation of these financial statements has been already executed.
Changes under this heading in 2015 were as follows:
Thousands of euros
Balance 12.31.14
Additions
Amortization Disposals
Balance 12.31.15
Treasury shares
371,373
238,586
386,993
8,129
214,837
The change in the number of shares during the year is detailed below:
Number of shares
Balance 12.31.14
Additions
Amortiza-
tion
Disposals
Balance
12.31.15
Treasury shares
39,284,862
21,609,964 40,686,143 732,178
19,476,506