LafargeHolcim announces result of 2018 dividend payment option
Published by Lucy Stewardson,
Editorial Assistant
World Cement,
72.98% of LafargeHolcim’s distribution for FY18 was elected to be paid in the form of new LafargeHolcim Ltd shares, while the remaining 27.02% will be paid out in cash.
The company’s Annual General Meeting was held in Zurich in May, where shareholders were offered the possibility to receive the 2018 dividend in cash, in new LafargeHolcim shares, or in a combination of both. The election period ended on 31 May 2019. 435 200 421 election rights were exercised for the receipt of new LafargeHolcim shares. Election rights not exercised during the election period will be paid out in cash.
The reference share price, the issue price, the conversion ratio, and the number of new LafargeHolcim shares will be published on 11 June. Delivery of the shares and payment of the cash dividend will be on 25 June 2019.
Read the article online at: https://www.worldcement.com/europe-cis/03062019/lafargeholcim-announces-result-of-2018-dividend-payment-option/
You might also like
The World Cement Podcast - CleanTech & Venture Capital
Our guest for this episode of the World Cement Podcast is Alfredo Carrato, Venture Capital Advisor for CEMEX Ventures. Listen in to the conversation as World Cement's Senior Editor, David Bizley, and Alfredo discuss the role of venture capital and cleantech in enabling the cement industry's green transition.
Tune in to the World Cement Podcast on your favourite podcast app today.