Forbo shareholders approve all proposals of the Board of Directors – Impact of the coronavirus
At today's 92nd Ordinary General Meeting of Forbo Holding Ltd, the shareholders approved all the proposals of the Board of Directors by a clear majority. In accordance with COVID-19 Ordinance 2 of the Swiss Federal Council, shareholders exercised their rights solely through voting instructions issued to the independent proxy since personal attendance by shareholders was not permissible. A dividend of CHF 23 per share will be paid out on April 14, 2020.
At the present time, Forbo cannot assess the various effects that the coronavirus will have on demand and the continuation of production over the coming weeks and months. For this reason, Forbo will not provide any guidance for the 2020 business year anymore.