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Cementos Molins shareholders approved all the Board of Directors’ proposals at AGM

Published by , Senior Editor
World Cement,


The Annual General Meeting and the Board of Directors ratified the re-election of Julio Rodríguez as the CEO of the company, as well as Andrea Kathrin Christenson as an independent director.

The distribution of a complementary dividend of €0.35 per share was confirmed, which implies a total dividend distributed of €0.68 per share, a 21% increase compared to the previous year.

Cementos Molins shareholders approved all the Board of Directors’ proposals at AGM

Cementos Molins’ Annual General Meeting, which was held today in Madrid in a hybrid model that included both physical and online attendance, has approved by a large majority all proposals made by the Board of Directors.

Among the approved measures, the re-election of Julio Rodríguez Izquierdo as CEO stands out. Rodríguez was appointed CEO of the company back in June 2015, following Juan Molins Amat, Cementos Molins’ current Chairman.

On the other hand, the re-election of Andrea Kathrin Christenson as an independent director was ratified during the Annual Shareholders’ Meeting.

Improved shareholder remuneration

Shareholders confirmed the proposed distribution of a complementary dividend for the year 2022 of €0.35/share, which implies a total dividend distributed for 2022 of €0.68 per share, a 21% increase compared to the previous year, and equivalent to a 40% dividend payout. This complementary dividend, intended to improving shareholders’ remuneration, will be paid on 17 July.

Furthermore, the Annual General Meeting has also approved the annual financial statements for the year 2022, highly appreciating the company’s accomplishments in the face of a slowdown in global economic growth, significant cost inflation, particularly in Spain, and supply chain tensions.


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Read the article online at: https://www.worldcement.com/europe-cis/29062023/cementos-molins-shareholders-approved-all-the-board-of-directors-proposals-at-agm/

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