Brief: Zehnder Group Decreases Dividend To Safeguard Liquidity

Zehnder AG

03/04/2020 06:12

April 3 (Reuters) - Zehnder Group AG  ZEHN.S :
    * DECISION TAKEN TO DECREASE THE DIVIDEND FOR THE 2019
FINANCIAL
YEAR AS A PRECAUTIONARY MEASURE TO SAFEGUARD LIQUIDITY
    * BOARD OF DIRECTORS AND THE GROUP EXECUTIVE COMMITTEE ARE
WAIVING
10% OF THEIR COMPENSATION WITH IMMEDIATE EFFECT
    * DIVIDEND FOR 2019 FINANCIAL YEAR HAS BEEN REDUCED FROM CHF
1.00
TO CHF 0.70 COMPARED WITH ORIGINAL PROPOSAL OF BOARD OF
DIRECTORS

Source text - https://bit.ly/2Rnhh83
Further company coverage:  ZEHN.S 

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