2020 Universal registration document and annual financial report - BNP PARIBAS 23
1Presentation of the BnP PariBas GrouP
1
BNP Paribas and its shareholders
CREATING VALUE FOR SHAREHOLDERS
TOTAL SHAREHOLDER RETURN (TSR)
Calculation parameters
■ Dividends are reinvested in BNP shares then in BNP Paribas shares; 50% tax credit was included until this system was abolished at the beginning of 2005.
■ Exercise of preferential subscription rights during the rights issues of March 2006 and October 2009.
■ Returns stated are gross, i.e. before any tax payments or brokerage fees.
Calculation results
The following table indicates, for various periods ending on 31 December 2020, the total return on a BNP share, then on a BNP Paribas share, as well as the effective annual rate of return.
Holding period Investment date
Share price at the investment date
(in EUR)
Number of shares at the end of the
calculation period
Initial investment
multiplied by Effective annual
rate of return
Since privatisation of BNP 18/10/1993 36.59 5.6770 6.6878 7.23%
27 years 03/01/1994 43.31 5.1695 5.1450 6.25%
26 years 03/01/1995 37.20 5.0753 5.8809 7.05%
25 years 02/01/1996 33.57 4.9695 6.3810 7.69%
24 years 02/01/1997 30.40 4.8249 6.8414 8.34%
23 years 02/01/1998 48.86 4.6747 4.1241 6.35%
22 years 04/01/1999 73.05 4.5782 2.7015 4.62%
Since the creation of BNP Paribas 01/09/1999 72.70 4.4542 2.6410 4.65%
21 years 03/01/2000 92.00 4.4542 2.0870 3.56%
20 years 02/01/2001 94.50 4.3332 1.9765 3.46%
19 years 02/01/2002 100.4 4.1924 1.7999 3.14%
18 years 02/01/2003 39.41 2.0287 2.2189 4.53%
17 years 02/01/2004 49.70 1.9512 1.6923 3.14%
16 years 03/01/2005 53.40 1.8706 1.5100 2.61%
15 years 02/01/2006 68.45 1.8044 1.1363 0.85%
14 years 02/01/2007 83.50 1.7289 0.8925 -0.81%
13 years 02/01/2008 74.06 1.6708 0.9725 -0.21%
12 years 02/01/2009 30.50 1.5898 2.2468 6.98%
11 years 02/01/2010 56.11 1.5130 1.1624 1.38%
10 years 03/01/2011 48.30 1.4689 1.3109 2.74%
9 years 02/01/2012 30.45 1.4125 1.9995 8.00%
8 years 02/01/2013 43.93 1.3537 1.3283 3.61%
7 years 02/01/2014 56.70 1.3095 0.9955 -0.06%
6 years 02/01/2015 49.43 1.2731 1.1102 1.76%
5 years 04/01/2016 51.75 1.2400 1.0329 0.67%
4 years 02/01/2017 60.12 1.1816 0.8472 -4.06%
3 years 02/01/2018 62.68 1.1337 0.7796 -7.97%
2 years 02/01/2019 38.73 1.0744 1.1957 9.36%
1 year 02/01/2020 53.20 1.0000 0.8102 -19.02%