V-ZUG Shareholders Approve Board Proposals and Dividend at General Meeting

V-ZUG Holding Ltd ( (CH:VZUG) ) has shared an update.

At the 5th Ordinary General Meeting of V-ZUG Holding AG in Zug, Switzerland, shareholders approved all Board of Directors’ proposals, including the re-election of board members and the election of new members Franziska Gsell and Carsten Liesener. A dividend and tax-free distribution totaling CHF 0.90 per share were also approved. The meeting involved 290 shareholders representing 85.5% of the share capital, and included reports on financial and non-financial matters for 2024, as well as the approval of compensation for the Board and Executive Management.

More about V-ZUG Holding Ltd

V-ZUG is a leading Swiss brand specializing in household appliances, with a focus on kitchen and laundry room products. The company operates both domestically and in select premium markets internationally, providing comprehensive service across its markets. V-ZUG Group includes SIBIRGroup AG, which offers all-brand service and trades household appliances. The company is listed on the SIX Swiss Exchange and employs around 2,100 people.

YTD Price Performance: 21.38%

Average Trading Volume: 4,290

Current Market Cap: CHF371.6M

Find detailed analytics on VZUG stock on TipRanks’ Stock Analysis page.