Euronext N.V. Annual General Meeting Results
Euronext N.V. recently held its Annual General Meeting, and the outcomes reveal substantial progress for the company. During this pivotal meeting, a majority of proposals were approved by shareholders, though voting for an advisory item did not pass.
Overview of Voting Items
The AGM addressed numerous critical voting items aimed at enhancing corporate governance and ensuring the company's robust performance. Outlined below are the key proposals that were voted on:
- Proposal to adopt the remuneration report for the year 2024.
- Proposal to approve the financial statements for 2024.
- Proposal to declare a dividend of €2.90 per ordinary share.
- Proposal for discharging the Managing Board members for their 2024 duties.
- Proposal for discharging the Supervisory Board members for their 2024 duties.
- Re-appointment of Piero Novelli to the Supervisory Board.
- Re-appointment of Olivier Sichel to the Supervisory Board.
- Appointment of Francesca Scaglia to the Supervisory Board.
- Re-appointment of Delphine d’Amarzit to the Managing Board.
- Appointment of René van Vlerken to the Managing Board.
- Amendments to the remuneration policy for the Managing Board.
- Amendments to the remuneration policy for the Supervisory Board.
- Proposal to appoint the external auditor for the upcoming fiscal year.
- Proposal to cancel the company's own shares purchased via the share repurchase program.
- Proposal for the Managing Board to be designated as the body competent to issue ordinary shares.
- Proposal for the Managing Board to restrict or exclude the pre-emptive rights of shareholders.
- Authorization for the Managing Board to acquire ordinary shares on behalf of the company.
- Authorization for the Supervisory Board or Managing Board to grant share rights to French beneficiaries according to applicable law.
Dividend Payment Schedule
Shareholders can look forward to the annual dividend payment, scheduled for 28 May 2025, with key dates including the ex-dividend date on 26 May 2025 and the record date on 27 May 2025. This reflects Euronext's commitment to returning value to its shareholders.
About Euronext N.V.
Euronext stands as a leader in European capital markets, encompassing a comprehensive range of services from listing and trading to settlement and custody solutions. With significant exchange operations spread across several countries, Euronext supports approximately 1,800 listed issuers and a market capitalization of €6.3 trillion. As part of its offerings, Euronext manages platforms like MTS, the leading fixed income market in Europe, and Nord Pool, responsible for the European power market.
The organization plays a pivotal role in facilitating capital flows and serves a wide variety of customers, managing 25% of European lit equity trading across diverse asset classes including equities, FX, ETFs, bonds, commodities, and derivatives.
In pursuit of innovation and efficiency in capital markets, Euronext consistently seeks ways to enhance its offerings, ensuring stakeholders experience robust and streamlined trading environments.
Frequently Asked Questions
What was the outcome of the Euronext AGM?
The AGM resulted in the approval of nearly all proposals, excluding one advisory vote.
When will the dividend be paid to shareholders?
The annual dividend will be paid on 28 May 2025, with the ex-dividend date on 26 May 2025.
Who are the members of the Supervisory Board?
Piero Novelli and Olivier Sichel were re-appointed, while Francesca Scaglia was newly appointed to the Supervisory Board.
What is Euronext's role in the European market?
Euronext facilitates capital market transactions and serves as a leading infrastructure provider in Europe.
How significant is Euronext in terms of market capitalization?
Euronext supports around 1,800 listed issuers with a total market capitalization of approximately €6.3 trillion.
