Food Lion 2001 Annual Report Download - page 25

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1962, would on December 31, 2001, have
had a value of EUR 11,263. The same
amount, invested in 1962 in the Belgian All
Share index would have resulted in a total
value of EUR 1,291. The compound
average growth rate of the annual total
return on Delhaize Group shares between
1962 and 2001 was 16.8%.
The most important event for Delhaize
Group shareholders in 2001 was the share
exchange with Delhaize America, a
milestone in the Group’s history. The share
exchange with Delhaize America included
the listing of Delhaize Group ADRs on the
New York Stock Exchange, in addition to
the listing of Delhaize Group on Euronext
Brussels since 1962. Delhaize Group
continues to comply with Belgian
disclosure regulations for listed companies
and, since the closing of the share
exchange, with the rules governing foreign
companies listed in the U.S.
In December 2000, the Belgian Association
of Financial Analysts rewarded Delhaize
Group’s investor relations efforts with the
Award for the Best Financial Information.
In 2001, Delhaize Group started quarterly
conference calls available by webcast and
organized its first analysts’field trip. And
in early 2002, the Group launched a
completely renewed corporate website
(www.delhaizegroup.com), that is now an
interactive, day-to-day contact point with,
and information base for, its shareholders.
JFMAMJJASOND
30
35
40
45
50
55
60
65
70
75
Delhaize Group Share
Eurostoxx 50
|23
owth
three strategic objectives: accomplish profitable top-line growth
rate as an international group of local companies.
0.74
0.84
97 98 99 00 01
0.93
1.02
1.08
Net Dividend
(in EUR)
Share Exchange with Delhaize America
On April 25, 2001, Delhaize America’s shareholders approved the proposed share exchange
with Delhaize Group. Until then, Delhaize Group owned approximately 45% of Delhaize
America, its major subsidiary listed on the NYSE. Under the share exchange, one Delhaize
America share was exchanged for 0.40 Delhaize Group ordinary share. Due to the share
exchange, the amount of Delhaize Group shares rose from more than 52 million to more
than 92 million, almost doubling the market capitalization of the Group and resulting in a
free float of approximately 80% of outstanding shares.
Detailed information and contact data for investors can be found from page 85 on.
(in EUR)