Mar 22, 2023 - Emmen
Plus 557% dividend per share in the last twelve years
The Annual General Meeting on 17 March 2023 approved an increase in the dividend of 0.30 to CHF 4.60. For private shareholders resident in Switzerland, the dividend is tax-free in the ratio of the foreign capital contribution reserve to the total dividend, provided the shares are privately held. Otherwise, it is subject to withholding tax. It will be paid out to shareholders as of 23 March 2023.
All other motions of the Board of Directors were also adopted with a large majority, the Annual Report 2022 was approved and the actions of the Executive Board and the members of the Board of Directors were ratified. Peter Athanas, Walter P.J. Droege, Ernest-W. Droege, Thomas Fürer, Frank Tanski, and Gustavo Möller-Hergt have been confirmed for the coming year of office. The latter has been re-elected by the shareholders as Chairman of the Board of Directors.
“IT is an integral part of our everyday lives, in medicine, education, logistics, gastronomy, private households and much more. With the implementation of digital management tools and platforms – ERP, BI, CRM, Webshop, Cloud – as well as the continuous increase of operational excellence, over the last twelve years ALSO has laid the foundation for further sustainable profitable growth, based on the opportunities of this ever-expanding industry” explains Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN).