Sika AGM: Shareholders approve all proposals
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Sika AG / Sika AGM: Shareholders approve all proposals processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Baar (Switzerland) - At the Annual General Meeting on Tuesday, April 20, 2010,
the shareholders of Sika AG approved all proposals put forward by the Board of
Directors and resolved to distribute a dividend to shareholders representing
roughly 50% of consolidated net profit.
Some 565 shareholders attended the Annual General Meeting of Sika AG on April
20, 2010 in Cham, which was headed by Dr. Walter Grüebler, Chairman of the Board
of Directors.
The Annual General Meeting approved a proposal to distribute a dividend to
shareholders of CHF 45.00 per bearer share (prior year: CHF 45.00), and CHF
7.50 (prior year: CHF 7.50) per registered share. The payout totals altogether
CHF 111.8 million, representing roughly 50% of consolidated net profit. The
amendment of the Articles of Association in accordance with the law regarding
securities held by an intermediary, in effect as of January 1, 2010, was
approved.
The Annual General Meeting appointed Dr. Willi K. Leimer, Vice Chairman and
Delegate of the Board of WMPartners Vermögensverwaltungs AG, Zurich and Chairman
of the Board of Directors of Schenker-Winkler Holding AG, Baar to the Board of
Directors of Sika AG. Furthermore the shareholders confirmed the Members of the
Board of Directors Dr. Thomas W. Bechtler, Dr. Walter Grüebler und Christoph
Tobler for a further period of office of three years. Urs Rinderknecht, Member
of the Board of Directors since 1998, did not run for re-election.
All other proposals put forward by the Board of Directors were also approved.
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Sika AG Contact: Rainer Weihofen,
Zugerstrasse 50 Corporate Communications & Investor Relations
CH-6341 Baar, Switzerland Tel.: +41 58 436 68 00
www.sika.com
weihofen.rainer(at)ch.sika.com
Sika AG Corporate Profile
Sika AG, located in Baar, Switzerland, is a globally active company supplying
the specialty chemicals markets. It is a leader in processing materials used in
sealing, bonding, damping, reinforcing and protecting load-bearing structures in
construction (buildings and infrastructure construction) and in industry
(vehicle, building component and equipment production).
Sika's product lines feature high-quality concrete admixtures, specialty
mortars, sealants and adhesives, damping and reinforcing materials, structural
strengthening systems, industrial flooring as well as roofing and waterproofing
systems. Subsidiaries in more than 70 countries worldwide and approximately
12 000 employees link customers directly to Sika and ensure the success of all
our partners. Sika achieves annual sales of CHF 4.2 billion. Visit our website
atwww.sika.com
The media release can be downloaded from the following link:
[HUG#1405963]
--- End of Message ---
Sika AG
Zugerstrasse 50 Baar null
WKN: 858573;ISIN: CH0000587979;
Media Release: http://hugin.info/100359/R/1405963/359595.pdf
Unternehmensinformation / Kurzprofil:
Datum: 20.04.2010 - 18:10 Uhr
Sprache: Deutsch
News-ID 19361
Anzahl Zeichen: 0
contact information:
Town:
Baar
Kategorie:
Business News
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