At the Annual General Meeting of Compagnie Financière Richemont SA held today in Geneva, the shareholders approved the results for the year, including the proposals of the board of directors for the appropriation of retained earnings at 31 March 2016.
A dividend of CHF 1.700 per share will be paid on the listed 'A' registered shares and a dividend of CHF 0.170 per share will be paid on the unlisted 'B' registered shares of the Company. The dividend in respect of the ‘A’ shares will be payable on 23 September 2016, free of charges but subject to Swiss withholding tax at the rate of 35 %. The remaining available retained earnings of the Company, after payment of the dividend, are to be carried forward to the next business year.
All other matters on the agenda were also approved by the shareholders by an overwhelming majority.
Investor and Media enquiries
Group Corporate Communications Director
Tel: +33 1 5818 2597 (investor relations)
Tel: +41 22 721 3507 (press enquiries)
Richemont ‘A’ shares are listed on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index ('SMI') of leading stocks. Richemont South African Depository Receipts are listed in Johannesburg, Richemont’s secondary listing.
Decisions of the Richemont Annual General Meeting
File Size: 25 KB