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BNP Paribas shareholders have opted for a payment in shares, representing 72% of the 2011 dividend

BNP Paribas decided to retain 75% of its 2011 net income in the company to shore up its shareholders' equity and to distribute 25% in the form of dividends to shareholders.

The shareholders were asked to choose between receiving the payment of this dividend either in cash or in BNP Paribas shares. They opted for the payment in shares representing 72% of the total dividend.

In fact 93% of BNP Paribas' 2011 net income will be reinvested in the company to shore up its shareholders' equity, and thus improve its financial strength and its lending capacity.

BNP Paribas (About BNP Paribashref); return false;"> has a presence in 80 countries with nearly 200,000 employees, including more than 150,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia.