Annual general meeting 2024

all proposals of the board of directors approved

Bucher Industries AG / Key word(s): AGMEGM/Dividend Annual general meeting 2024: all proposals of the board of directors approved 18.04.2024 / 17:52 CET/CEST At today’s annual general meeting (AGM) of Bucher Industries AG, the shareholders agreed to all the proposals put forward by the board of directors. The dividend is CHF 13.50 per registered share. 187 shareholders with voting rights were present and a total of 75.92% of the votes were represented.

At the annual general meeting, which was held today at the Mövenpick Hotel in Regensdorf, the Group reported that 2023 had been a very successful financial year. Thanks to the hard work of the employees, sales could be kept at prior-year level, while the profit for the year was once again above the high figure of the previous year. The company also provided information on a wide range of measures implemented at various sites last year to reduce the Group's carbon footprint.

 

The shareholders then approved all the proposals of the board of directors and adopted the report on non-financial matter, which was submitted for approval for the first time. They confirmed all members of the board of directors and of the compensation committee who were standing for election and elected Urs Kaufmann to succeed Philip Mosimann as chairman. Philip Mosimann did not stand for re-election as he had reached the age limit set in the articles of association. Anita Hauser, deputy chairwoman, thanked him in the name of the board of directors, the Group management, and the Hauser family for the tremendous achievements of his 23 years of successful commitment. The meeting bid him farewell to great applause.

 

The approved dividend of CHF 13.50 per registered share takes into account a consistent dividend policy, the profit for the year, the solid financial position, the outlook for the current year as well as further internal and external investment opportunities. The dividend will be paid out to the shareholders on 24 April 2024. The share will trade ex-dividend from 22 April 2024 onwards.