Baloise Holding AG ( (CH:BALN) ) has shared an update.
At the 62nd ordinary General Meeting, Baloise Holding AG’s shareholders approved a significant dividend increase from 0.40 CHF to 8.10 CHF per share and elected André Helfenstein and Vincent Vandendael as new Board members. The meeting also highlighted a planned merger with Helvetia, which aims to form the second largest Swiss insurance group, enhancing Baloise’s market position and stakeholder stability.
More about Baloise Holding AG
Baloise Holding AG is a European company headquartered in Basel, Switzerland, with subsidiaries in Belgium, Germany, and Luxembourg. It has been active for over 160 years and employs around 8,000 people. Baloise offers smart financial and insurance solutions, aiming to create a holistic service experience. In 2024, the company generated a business volume of approximately CHF 8.6 billion. Its shares are listed on the SIX Swiss Exchange.
YTD Price Performance: 18.59%
Average Trading Volume: 118,188
Technical Sentiment Signal: Sell
Current Market Cap: CHF8.79B
For detailed information about BALN stock, go to TipRanks’ Stock Analysis page.