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Our relations with shareholders

Last updated on 05/15/2012 - 08:30 AM

The IR department manages day-to-day relations with its stakeholders: shareholders, institutional and retail investors, bondholders, socially responsible investors and financial analysts.
Their shared expectations are:

  • to see the Group strengthen its position in the markets in which it operates;
  • to see the objectives reported to the market through the Strategic Plan confirmed;
  • to have the certainty of receiving a quick, effective response from the company to requests for information.

    The expectations expressed by individual stakeholder categories are also given special consideration:

Stakeholders Need
Institutional and retail investors Good financial and operational performance by the company
Positive total shareholder return (performance on the stock market of the share and dividends distributed).
Good reputation of the Group's brands
Involvement in the Group's activities and initiatives
Socially responsible investors Attention paid to the social and environmental impacts of the business and to the Group's governance
Positive total shareholder return
Good reputation of the Group's brand
Bondholders and credit analysts
Stability of the yield from the investment
Certainty of repayment
Maintenaning of creditworthiness
Financial analysts Direct contact, even with the Group's management, on matters relevant to the business

The shareholding structure as of December 31, 2011 is shown below

The shareholding structure as of December 31, 2011