Annual General Meeting of HUBER+SUHNER AG: Shareholders endorse all of the Board of Directors’ proposals
At the 49th Annual General Meeting of HUBER+SUHNER AG on 11 April 2018 in Gossau / SG (Switzerland) the shareholders endorsed all proposals of the Board of Directors. The retained earnings of CHF 233'921'515 will be used as follows:
- Dividend of CHF 1.10 gross per registered share CHF 21'404'746
- The balance carried forward amounts to CHF 212'516'769
With the ex-dividend date of 13 April 2018, payment of the dividend will be accomplished free of bank charges on Tuesday, 17 April 2018.
The Annual General Meeting confirmed Urs Kaufmann as Chairman of the Board of Directors as well as all other present members of the Board of Directors in office.
Ernst & Young AG, Zurich, was newly appointed as the company's auditors for the financial year 2018, and the law firm Bratschi Ltd., Zurich, as independent proxy up to and including the Annual General Meeting 2019. The shareholders approved all proposed compensations.