LafargeHolcim to pay post-merger dividend

LafargeHolcim to pay post-merger dividend
03 September 2015

Following the successful closing of the merger of Lafarge and Holcim, the new LafargeHolcim Ltd has announced that it will distribute an exceptional scrip dividend of one new-issue share for every 20 LafargeHolcim Ltd shares held. Settlement and delivery of the new-issue shares will start on 10 September, LafargeHolcim Ltd said.

The group shareholders approved in May a capital increase via an issue of approximately 28.9m new shares, corresponding to five per cent of LafargeHolcim Ltd’s capital and voting rights as at 3 September 2015.

Shareholders entitled to a fractional number of shares will receive the rounded-down whole number of shares plus a cash balance for the remainder, it added.

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Tagged Under: LafargeHolcim