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Please find below all Forbo media releases listed by year.
Eglisau/Zurich, April 27, 2004
At the 76th ordinary Annual General Meeting in Zurich on April 27, 2004, the shareholders of Forbo Holding SA approved with a large majority all of the proposals put forward by the Board of Directors. They voted in favor of a cash distribution of CHF 8 per registered share by way of a nominal value reduction. Approximately 200 shareholders took part in the Annual General Meeting.
The shareholders voted in favor of a cash distribution of CHF 8 per registered share by way of a nominal value reduction of each registered share by CHF 8 to CHF 20 per registered share. The company wants to both underline the continuity of its distribution policy and to offer the Forbo shareholders a tax favorable form of payment. The yield of the Forbo share on the basis of the current market value is approximately 2 percent.
Member of the Board of Directors Michael Pieper was re-elected for another term of four years. This E. Schneider was newly elected to the Board of Directors.
Forbo is a global manufacturer of floor coverings, adhesives and conveyor, processing and transportation belts. The Group employs over 5.600 people worldwide and has an international network of 30 production companies and 45 sales organizations in 17 countries.
Head of Corporate Communications
Tel: + 41 1 868 25 69
Fax: + 41 1 868 35 69
Chief Financial Officer
Tel: + 41 1 868 25 25
Fax: + 41 1 868 25 26