Holcim Shareholders OK Capital Increase, Dividend

Holcim Shareholders OK Capital Increase, Dividend
Published: 15 May 2006

Swiss based cement maker Holcim Lt  Friday said its shareholders approved the planned capital increase and the payment of the dividend of CHF1.65 per registered share. 
 
Representing some 42.2% of the company’s share capital, the 1,370 shareholders attending the 94th ordinary annual general meeting approved by a large majority all the motions proposed by the board of directors. 
 
 The key items on the agenda were the approval of a capital increase from CHF459,851,036 to CHF505,801,130 through the issue of 21,075,047 fully paid-in registered shares and the increase of the gross dividend from CHF1.25 to CHF1.65.