Retail shareholders
Retail shareholders represent a significant share of our capital. This is why we consider it essential to clearly display key information about the group and the stock, make our publications easily accessible and encourage individual shareholders to attend meetings.
About Italgas
Italgas is the leading natural gas distributor in Italy and Greece, and the third largest in Europe: including its subsidiaries and the collaboration of 4,297 people in Italy and Greece, Italgas is managing 82,034 kilometers of gas distribution network, through which it has distributed 8,145 million cubic meters of gas to 7,974 thousand users.
In Italy the Group holds 1,905 distribution concessions, with a historic presence in the major Italian cities, including Turin, Venice, Florence and Rome, and a market share of over 33%. In 2022, the completion of the DEPA Infrastructure acquisition allowed Italgas to acquire the distribution license in 145 municipalities in Greece, of which 106 are already in operation.
With over 185 years of history, Italgas is recognized as the company that brought gas into the homes of Italians, contributing to the economic and social development of the country.
Italgas has always been a future-oriented company, aware of the role that its infrastructure has and will have in supporting the energy transition, guaranteeing the country’s energy security. We are committed to active and constructive communication with all our shareholders, to share with our investors and the strategic actions and visions underlying the management of our company.
Since our return to the stock market on 7 November 2016, we have carried out activities to foster and encourage dialogue, not only with institutional investors but also with retail shareholders, through our website, social channels and the company secretariat corporate secretariat and the investor relations team. In this context, the Board of Directors has adopted a “Policy for the management of dialogue with shareholders in general”.
Italgas Shareholder Guide
We publish an annual guide to provide an overview of our activities, strategies and performance. In “L’azionista di Italgas”, you will also find in-depth information on our stock on the stock exchange, information on how to invest and participate in the shareholders’ meeting.
Policy for managing dialogue with all shareholders
Adopted by our Board of Directors on 18 December 2020, this policy sets out principles and procedures for active and constructive communication between our Group, institutional investors and retail shareholders.
We are listed on the MTA of the Italian Stock Exchange. Italgas S.p.A was created from a demerger of the Snam group in 2016 and made its return to the stock market on 7 November 2016. Since that date and until 31 December 2023, the total shareholder return is 81.5%.
Stock market performance and dividends
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Why invest in Italgas
We distinguish ourselves by the strength of our financial structure, our low-risk profile and our strong focus on innovation.
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Strategy
Our 2023-2029 strategic plan is based on four pillars: continued development of the core business, innovation and digital transformation, investment in new opportunities and a solid and efficient financial structure.
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Shareholders’ Meeting
The Shareholders’ Meeting is an essential appointment in the life of a listed company. They can participate personally or through a proxy. Shareholders with voting rights are allowed to ask questions, thus interacting with the company’s top management.