Kering's Annual Meeting Achievements and Highlights
On April 24, 2025, Kering hosted a pivotal Annual General Meeting where shareholders stood united in their support, approving a series of important resolutions. This meeting, held at the Group's headquarters, served as a significant platform for outlining Kering's future strategies.
Key Resolutions Approved by Shareholders
During the Annual General Meeting, Kering's shareholders voted overwhelmingly in favor of all proposed resolutions. One of the standout decisions was the distribution of a €6 cash dividend per share, reflecting the company's strong financial performance for the fiscal year 2024. This dividend distribution is not only a positive signal for investors but also reinforces Kering's dedication to delivering shareholder value.
Details of the Dividend Payments
The dividend structure includes an interim cash dividend of €2 per share, which was successfully paid on January 16, 2025. Following this, a final dividend of €4 is scheduled for distribution to shareholders on May 7, 2025. This comprehensive plan highlights Kering's proactive approach to reward its shareholders and ensure sustained growth.
Board of Directors Renewals
In a testament to continuity and stability within the organization, shareholders also approved the renewal of several key directors’ terms. Mr. François-Henri Pinault, alongside representatives from Financière Pinault, Mrs. Héloïse Temple-Boyer, and Mr. Baudouin Prot, were re-elected, ensuring that the Board continues to be guided by experienced leadership.
Composition and Diversity of the Board
With these reappointments, Kering's Board of Directors maintains a diverse composition, comprising 13 members with 64% identified as independent and 55% being women. This diversity is a crucial characteristic of Kering, showcasing the organization’s commitment to inclusivity, with representatives spanning across six nationalities.
Reaffirmation of Leadership
Following the successful approval of resolutions, the Board of Directors unanimously confirmed the reappointment of Mr. François-Henri Pinault as Chairman and Chief Executive Officer. His dedication to Kering is evident, and his leadership will continue to drive innovation and excellence within the luxury sector.
About Kering Group
Kering stands as a distinguished global leader in the luxury market, driven by a passion for creativity and craftsmanship. The Group houses a portfolio of renowned brands that specialize in a variety of sectors, including ready-to-wear fashion, leather goods, jewelry, and eyewear. Esteemed names within the Kering family include Gucci, Saint Laurent, and Bottega Veneta, among others. With a vision anchored in sustainability and excellence, Kering has established itself as a frontrunner in luxury retail.
In 2024, Kering reported a workforce exceeding 47,000 individuals and generated revenues amounting to €17.2 billion, indicating a robust and thriving business model.
Contact Information for Inquiries
For media inquiries and further information about Kering, please reach out to the following contacts:
Press Contacts
Emilie Gargatte
Phone: +33 (0)1 45 64 61 20
Email: emilie.gargatte@kering.com
Marie de Montreynaud
Phone: +33 (0)1 45 64 62 53
Email: marie.demontreynaud@kering.com
Analyst and Investor Contacts
Claire Roblet
Phone: +33 (0)1 45 64 61 49
Email: claire.roblet@kering.com
Frequently Asked Questions
What major decisions were made during Kering's Annual Meeting?
The shareholders approved all resolutions, including a significant cash dividend of €6 per share for 2024.
How much will shareholders receive in dividends?
Shareholders will receive a total dividend of €6 per share, consisting of a €2 interim dividend and a €4 final dividend.
Who were re-elected to the Kering Board of Directors?
Mr. François-Henri Pinault, Mrs. Héloïse Temple-Boyer, and Mr. Baudouin Prot were re-elected during the meeting.
How diverse is Kering's Board of Directors?
The Board consists of 13 members, with 64% being independent and 55% women, showcasing significant diversity.
What is Kering known for?
Kering is a global luxury group known for its exceptional brands across various sectors, including fashion, leather goods, and jewelry.
