Compagnie Financiere Tradition: Voting Result Regarding Dividend

Rhea-AI Summary

On May 21, 2024, Compagnie Financiere Tradition's Annual General Meeting approved a dividend proposal by the Board of Directors, previously published on April 25, 2024.

The dividend is set at CHF 6.00 per bearer share, resulting in a total payout of CHF 46,275,012.

The available retained earnings carried forward amount to CHF 90,100,093, subject to adjustments based on the number of treasury shares held as of May 23, 2024.

Positive

• Dividend approval of CHF 6.00 per bearer share.
• Total dividend payout of CHF 46,275,012.
• Available retained earnings carried forward of CHF 90,100,093.

Negative

• Dividend subject to adjustments based on treasury shares held.

Lausanne, Switzerland--(Newsfile Corp. - May 21, 2024) - Ad hoc announcement pursuant to Art. 53 LR

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Ad hoc announcement pursuant to Article 53 of the Six Exchange Regulation Listing Rules

The Annual General Meeting held on May 21, 2024 at 3.30 pm approved the dividend proposal of the Board of Directors published in the Swiss Official Gazette of Commerce on April 25, 2024.

Moreover, the dividend consists of a cash payment of a gross amount of CHF 6.00 («cash dividend») per bearer share of CFT with a nominal value of CHF 2.50 («bearer share(s)).

The taxable gross amount for the cash dividend is CHF 6.00 for every bearer share held.

The total amount of the dividend is CHF 46,275,012 and the available retained earnings carried forward is CHF 90,100,093 subject to the amount of treasury shares held at the dividend detachment date (on 23 May 2024). 

ABOUT COMPAGNIE FINANCIERE TRADITION SA

Compagnie Financière Tradition SA is one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. Represented in over 30 countries. Compagnie Financière Tradition SA employs more than 2,400 people globally and provides broking and data services for a complete range of financial products (money market products. bonds. interest rate. currency and credit derivatives. equities. equity derivatives. interest rate futures and index futures) and non-financial products (energy and environmental products. and precious metals). Compagnie Financière Tradition SA (CFT) is listed on the SIX Swiss Exchange. 

For more information, please visit www.tradition.com.

CONTACTS MEDIA
Patrick Combes, Président
Compagnie Financière Tradition SA
+41 (0)21 343 52 87
actionnaire@tradition.ch

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/209962

FAQ

What is the approved dividend amount for Compagnie Financiere Tradition in 2024?

The approved dividend amount for 2024 is CHF 6.00 per bearer share of CFT.

When was the Annual General Meeting that approved Compagnie Financiere Tradition's dividend held?

The Annual General Meeting was held on May 21, 2024.

What is the total amount of the dividend payout for Compagnie Financiere Tradition in 2024?

The total amount of the dividend payout is CHF 46,275,012.

What are the retained earnings carried forward for Compagnie Financiere Tradition?

The retained earnings carried forward are CHF 90,100,093, subject to adjustments based on treasury shares held.

When is the dividend detachment date for Compagnie Financiere Tradition's 2024 dividend?

The dividend detachment date is May 23, 2024.