Bolloré SE Sees Strong Support at General Meeting
Bolloré SE: A Successful Combined General Meeting
BOLLORÉ
In a recent gathering, Bolloré SE held a Combined General Meeting wherein shareholders expressed substantial support, showing confidence in the company’s direction and leadership. This important event took place on a specified date, attended by key stakeholders and chaired by Cyrille Bolloré.
Key Resolutions Passed with Overwhelming Support
The outcomes of the meeting were decisive, with all resolutions receiving an approval rate between 96% and 99.99%. This level of endorsement reflects a robust alignment among the shareholders regarding the governance and future plans of Bolloré SE.
Dividend Announcement
One of the significant highlights from the meeting was the approval for a total dividend of €0.08 per share, which marks a robust 14% increase compared to previous distributions. Specifically, this translates to a final dividend of €0.06 per share, following the interim dividend of €0.02 disbursed earlier.
Share Buyback and Share Cancellation
In a strategic move, the Board of Directors also declared a cancellation of approximately 22.7 million shares as part of its share buyback program. This measure amounts to 0.80% of the company’s capital, reflecting a commitment to enhancing shareholder value and returning excess capital to investors.
Leadership Support and Reappointments
During the meeting, shareholders also reaffirmed their confidence in the current leadership by reappointing prominent figures such as Cyrille Bolloré and other board members, including Yannick Bolloré and Chantal Bolloré, among others. This decision underscores the shareholders’ belief in the strategic direction set by the current leadership team.
Future Directions
As Bolloré SE moves forward, the recent decisions made during the General Meeting set a positive tone for the company's future. With a clear commitment to returning value to shareholders through dividends and share cancellations, the company is poised to continue its growth trajectory while enhancing shareholder engagement.
Invitation to Explore More
The detailed presentation provided during the General Meeting will be accessible on Bolloré SE’s official website for those interested in more in-depth information regarding the resolutions and future strategies. This transparency ensures that all stakeholders are well-informed of the company's ongoing activities and commitments.
Frequently Asked Questions
What was the outcome of Bolloré SE’s recent General Meeting?
All resolutions were passed with significant support, demonstrating high confidence among shareholders.
What is the new dividend amount approved by Bolloré SE?
A total dividend of €0.08 per share was approved, including a final dividend of €0.06 following previous disbursements.
What major changes were made to the share structure?
22.7 million shares will be canceled as part of the company's share buyback program, which will help in improving shareholder value.
Who were reappointed to the Board of Directors?
The shareholders reappointed several key figures, including Cyrille Bolloré and Cédric de Bailliencourt, reinforcing their leadership roles.
Where can I find more information about the meeting?
The presentation and detailed outcomes will be available on the company’s website for further information.
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