RHI Magnesita Updates AGM Notice with New Director Proposal

Story Highlights
  • RHI Magnesita reissued its AGM notice to propose Franz-Ferdinand Buerstedde as a director.
  • The reissue emphasizes transparent governance and potential strategic shifts with new leadership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RHI Magnesita Updates AGM Notice with New Director Proposal

An announcement from RHI Magnesita NV ( (GB:RHIM) ) is now available.

RHI Magnesita has reissued its 2025 Annual General Meeting notice to include a proposal for the election of Franz-Ferdinand Buerstedde as a Non-Independent Non-Executive Director, nominated by Rhône Capital. This update aligns with the company’s governance practices and is now available for stakeholders on the company’s website and the National Storage Mechanism. The reissue of the AGM notice reflects RHI Magnesita’s commitment to transparent corporate governance and may influence its strategic direction by incorporating new leadership perspectives.

More about RHI Magnesita NV

RHI Magnesita is a leading global supplier of high-grade refractory products, systems, and solutions essential for high-temperature processes over 1,200°C across various industries such as steel, cement, non-ferrous metals, and glass. The company operates with a vertically integrated value chain, serving customers worldwide with over 20,000 employees, 65 main production sites, 12 recycling facilities, and more than 70 sales offices. It aims to leverage its leadership in revenue, scale, product portfolio, and geographic presence to focus on regions with dynamic economic growth. RHI Magnesita is listed on the London Stock Exchange and the Vienna Stock Exchange.

YTD Price Performance: 0.61%

Average Trading Volume: 19,268

Technical Sentiment Signal: Sell

Current Market Cap: £1.55B

For detailed information about RHIM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App