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Please find below all Forbo media releases listed by year.
Forbo shareholders approve all proposals from Board of Directors
At the 84th Ordinary General Meeting in Zug the shareholders of Forbo Holding Ltd approved all of the proposals submitted by the Board of Directors by a wide majority. Vincent Studer and Dr. Reto Müller were re-elected to the Board of Directors for three-year terms. The payment from the capital contribution reserve of a dividend of CHF 12 per share will take place on May 7, 2012. The dividend is exempt from withholding tax.
Baar, April 27, 2012
The number of shareholders who attended the Ordinary General Meeting of Forbo Holding Ltd was 134; representing 1,356,143 registered shares, or 54.25 percent of the share capital issued.
The shareholders approved all proposals from the Board of Directors by a wide majority. They accepted the Annual Report, the Annual Statements, the Consolidated Financial Statements and the Remuneration Report for the 2011 financial year, while also granting discharge to the responsible governing bodies. Furthermore, they approved the proposal to distribute the profit in the form of a withholding tax-exempt dividend of CHF 12 per share from the capital contribution reserve.
Two members of the Board of Directors, Vincent Studer and Dr. Reto Müller, were re-elected by an overwhelming majority for three-year terms.
The shareholders also extended the mandate of the auditor PricewaterhouseCoopers AG for an additional year.
Forbo is a leading manufacturer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt technology. The company employs a workforce of some 4,900 and has an international network of 24 production facilities and distribution companies as well as 36 sales organizations in 33 countries across the globe. Forbo is headquartered in Baar in the canton of Zug, Switzerland.
The Group company Forbo Holding Ltd is listed on the SIX Swiss Exchange (securities number 354151, ISIN CH0003541510, Bloomberg FORN SW, Reuters FORN.S).
Contact person:
This E. Schneider
Delegate of the Board of Directors and CEO
Phone +41 58 787 25 49
Fax +41 58 787 20 49
www.forbo.com
