V-ZUG Shareholders Back Board, Governance and CHF 0.90 Payout at AGM

V-ZUG Holding Ltd ( (CH:VZUG) ) has provided an announcement.

At its 6th ordinary General Meeting in Zug, shareholders of V-ZUG Holding AG approved all proposals put forward by the Board of Directors, confirming the chair, all standing board members and the Nomination and Compensation Committee for another term. Due to statutory age limits and voluntary departures, three members, including Jürg Werner, did not stand for re-election, and two new members, Ivo Wechsler and René Zahnd, joined the board, reducing its size from seven to six.

Shareholders also approved an ordinary dividend and a tax-exempt distribution from capital reserves, each of CHF 0.45 per share, resulting in a total payout of CHF 0.90 per share for the year. With 76.5% of share capital represented, the meeting discharged corporate bodies, elected the independent proxy and statutory auditor, and endorsed compensation for the Board of Directors and Executive Committee, signalling broad investor support for the company’s governance and capital allocation approach.

More about V-ZUG Holding Ltd

V-ZUG Holding AG is a leading Swiss brand for household appliances, developing and manufacturing kitchen and laundry room devices for more than 110 years. The group also includes SIBIRGroup AG, which specializes in all-brand service across Switzerland and appliance trading, and together they employ around 2,100 people and are listed on the SIX Swiss Exchange in the SPI index.

The company focuses on premium positioning in Switzerland and selected international markets, combining product manufacturing with comprehensive service offerings. Its long heritage and domestic production base underpin its reputation in the Swiss appliance sector, while its stock market listing provides visibility and access to capital for further development.

Average Trading Volume: 3,454

Technical Sentiment Signal: Sell

Current Market Cap: CHF257.8M

See more data about VZUG stock on TipRanks’ Stock Analysis page.