The latest update is out from Holcim ( (CH:HOLN) ).
Holcim has announced its agenda for the 2025 General Meeting, including a proposed dividend increase of 11% to CHF 3.10 per share, following a record performance in 2024. The company plans a special dividend distribution to facilitate the spin-off of its North American business, Amrize, which will be listed on the NYSE and SIX Swiss Exchange. This strategic move aims to create value by allowing both Holcim and Amrize to focus on their respective markets. Additionally, changes in the Board of Directors are proposed, with Kim Fausing nominated as the new Chairman.
More about Holcim
Holcim is a global leader in innovative and sustainable building solutions, generating CHF 26.4 billion in revenue in 2024. With 65,000 employees, the company is committed to advancing sustainable building materials and technologies, including ECOPact, ECOPlanet, ECOCycle®, and modern roofing and insulation systems.
YTD Price Performance: -3.82%
Average Trading Volume: 164,228
Technical Sentiment Signal: Sell
Current Market Cap: CHF46.45B
Learn more about HOLN stock on TipRanks’ Stock Analysis page.