Picture of Chocoladefabriken Lindt & Spruengli AG logo

LISN — Chocoladefabriken Lindt & Spruengli AG News Story

0.000.00%
ch flag iconLast trade - 00:00
Consumer DefensivesConservativeLarge CapHigh Flyer

Brief: Lindt & Spruengli Announces New Share Buyback Program Of CHF 1 Billion

March 10 (Reuters) - CHOCOLADEFABRIKEN LINDT & SPRUENGLI AG LISN.S:

NEW SHARE BUYBACK PROGRAM OF CHF 1 BILLION

BOARD OF DIRECTORS HAVE PROPOSED RICARDA DEMARMELS TO SHAREHOLDERS FOR ELECTION

PROPOSED DIVIDEND: CHF 1,800 PER REGISTERED SHARE AND CHF 180 PER PARTICIPATION CERTIFICATE

DIVIDEND: BOARD OF DIRECTORS WILL PROPOSE A DISTRIBUTION OF CHF 1,800 (PREVIOUS YEAR: CHF 1,500) PER REGISTERED SHARE AND CHF 180 (PREVIOUS YEAR: CHF 150) PER PARTICIPATION CERTIFICATE

BUYBACK PROGRAM WILL START ON JUNE 1, 2026, AND RUN FOR THREE YEARS UNTIL MAY 31, 2029, AT LATEST

WILL REPLACE EXISTING SHARE BUYBACK PROGRAM (2024-2026) OF UP TO CHF 500 MILLION, WHICH WILL BE TERMINATED AHEAD OF SCHEDULE WITHIN NEXT MONTHS

Source text: ID:nPLXF952C4

Further company coverage: LISN.S

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 587785269;))

Recent news on Chocoladefabriken Lindt & Spruengli AG

See all news