The Annual General Meeting of HUBER+SUHNER AG on 27 March 2024 took place in Rapperswil SG (Switzerland) for the first time. Together with the votes submitted in advance in writing or electronically and the rights exercised by granting power of attorney to the independent proxy, 11,896,292 share votes were represented at the Annual General Meeting. This corresponds to 58.89 % of the total share capital.
All agenda items were approved in accordance with the proposals of the Board of Directors.
In particular, the shareholders confirmed Urs Kaufmann as Chairman of the Board of Directors and all current members of the Board of Directors in office. The Annual General Meeting also re-elected the three members of the Nomination and Compensation Committee.
The shareholders also approved all compensation proposals and authorized the distribution of a dividend of CHF 1.70 gross per registered share. With the ex-dividend date of 2 April 2024, the dividend will be paid free of bank charges on Thursday, 4 April 2024.
The Annual General Meeting also approved the proposed capital reduction – through the cancellation of 1,010,000 treasury shares repurchased as part of the share buyback programme – and the corresponding revision of the Articles of Association.
