TNT is included in the AEX index, which normally consists of the top 25 companies in the Netherlands, ranked on the basis of their turnover in the stock market and free float.
In 2007, 611 million TNT shares were traded on Euronext Amsterdam (2006: 511 million).
| Share performance | 2007 | 2006 |
| Stock price (in €) | ||
| High | 36.08 | 32.62 |
| Low | 25.67 | 26.30 |
| Close | 28.25 | 32.58 |
| Earnings per outstanding share (in € cents) | 257.4 | 159.3 |
| Dividend (in € cents) | 85.01 | 73.0 |
| Dividend pay-out ratio (as a %) | 33.0 | 45.8 |
| Dividend yield (based on closing rate for the year) | 3.01 | 2.24 |
| P/E Ratio | 10.98 | 20.45 |
| Number of issued ordinary shares | 379,224,255 | 422,767,600 |
| Stock market capitalisation (in € billions) | 10.713 | 13.774 |
| Adjusted stock market capitalisation (in € billions) 2 | 10.467 | 12.779 |
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Annual relative performance to Euronext Amsterdam (AEX)
Relative performance to the Euronext Amsterdam (AEX) at closing prices during 2007 (AEX index rebased to TNT):
Since most of the ordinary shares are in bearer form, the analyses of shareholdings by region and investor type are estimates based on the limited information available to TNT through market sources. These estimates as of 31 December 2007 and expressed as a percentage of total shares outstanding (excluding shares held by the company) on that date, are:
Dividend
TNT tries to meet shareholders’ return requirements through growth in value of the company’s shares, dividends, and incidental share repurchases. As part of its dividend guidelines, TNT intends to pay interim and final dividends in cash annually. The TNT Reserves and Dividend Guidelines can be viewed on TNT’s corporate website, group.tnt.com. During 2007 TNT announced its intention to increase the dividend pay-out from around 35% of normalised net income currently to around 40% by 2010. Normalised net income is defined as “profit attributable to the equity holders of the parent” adjusted for significant one time and special items.
Repurchase of shares/share buy-back programmes
The reduction of the issued share capital to its current amount was effected on respectively 5 July 2007 following completion in January 2007 of the € 1,000 million share buy-back programme announced on 6 November 2006 and on 29 November 2007 following the completion in September 2007 of the € 400 million share buy-back programme announced on 26 February 2007. On 30 July 2007, a new share repurchase programme of up to €500 million was announced. A first tranche of €200 million was commenced 9 November 2007 and was completed on 4 January 2008. A further tranche of €100 million was started on 7 January 2008 and is expected to be completed by February 2008. The remaining €200 million is expected to be completed by mid 2008.
Financial calendar for 2008
| 18 February | Announcement of 2007 fourth quarter and 2007 full year results |
| 11 April | TNT annual general meeting of shareholders |
| 15 April | Final ex-dividend listing (payment: 22 april 2008) |
| 28 April | Publication of 2008 first quarter results |
| 28 July | Publication of 2008 second quarter results |
| 27 October | Publication of 2008 third quarter results |
Publications
Share is a quarterly magazine distributed to 13,000 individual shareholders and other interested readers. This magazine and other publications can also be viewed and ordered through the corporate website.
Websites
For the latest and archived press releases, corporate presentations and speeches, current share price and other company information such as TNT’s online annual report and interim reports, please visit the corporate website at group.tnt.com.
TNT also invites you to visit the sites of TNT’s two main trading brands: www.tnt.com, www.tntpost.nl.
Cautionary note with regard to “forward-looking statements”
Some statements in this overview are “forward-looking statements”. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. These forward-looking statements involve known and unknown risks, uncertainties and other factors that are outside of TNT’s control and impossible to predict and may cause actual results to differ materially from any future results expressed or implied. These forward-looking statements are based on current expectations, estimates, forecasts, analyses and projections about the industries in which TNT operates and TNT management’s beliefs and assumptions about future events.
You are cautioned not to put undue reliance on these forward-looking statements, which only speak as of the date of this annual report and are neither predictions nor guarantees of future events or circumstances. TNT does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of this overview or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.