Shareholders adopted all motions proposed by the Board of Directors at the 124th Annual General Meeting of Rieter Holding Ltd. Against the backdrop of the strong annual results reported for 2014, the dividend was increased to 4.50 CHF per share (3.50 CHF per share in 2013). Shareholders also approved the motions concerning compensation.
558 shareholders, representing 56% of the share capital, today attended the Annual General Meeting of Rieter Holding Ltd. In view of the strong annual results for 2014 and the company’s good financial health, the dividend was raised to 4.50 CHF per share, an increase of 29% compared to the previous year. Shareholders cast votes for the first time on the framework for compensation of the Board of Directors and the Group Executive Committee in the coming financial year, in line with the amendments to the Articles of Association that were approved in 2014. The shareholders approved the proposed maximum total amount of compensation for 2016. Likewise they adopted the Remuneration Report for 2014 by means of a consultative vote. Erwin Stoller, Chairman of the Board of Directors, and Dr. Jakob Baer, Michael Pieper, This E. Schneider, Hans-Peter Schwald, Dr. Dieter Spälti and Peter Spuhler, directors, were each confirmed for a further one-year term of office. Furthermore, This E. Schneider, Hans-Peter Schwald and Erwin Stoller, the members of the Compensation Committee who were standing for election, were each re-elected for a one-year term of office.
Shareholders also adopted all other motions proposed by the Board of Directors, namely approval of the annual report, the annual accounts and the consolidated financial statements for 2014, and formal approval of the actions of the members of the Board of Directors and those of the Group Executive Committee in the 2014 financial year.
Further dates in 2015
Semi-annual report for 2015 July 23, 2015
