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
World Cement Podcast
In the latest episode of the World Cement Podcast, we are joined by Eoin Condren, Corporate Development Executive Director for Ecocem. Topics covered include: the importance of investing in innovation, the role of policy and legislation in supporting next generation cement products, and a look at some exciting new technologies.
Sublime Systems and Microsoft sign long-term purchase to transform clean cement market
Microsoft is purchasing up to 623K tons of cement products from Sublime’s first commercial factory and subsequent full-scale factory over a six- to nine-year period.