The Board of Directors proposes to the Annual General Meeting a distribution of CHF 2.50 per registered share amounting to CHF 32,000,000, consisting of an ordinary dividend of CHF 2.50 per registered share for the year 2023.
PROPOSED APPROPRIATION OF AVAILABLE EARNINGS
CHF 1,000
2023
Profit carried forward from prior year
37,611
Profit for the year
53,993
Available earnings for Annual General Meeting
91,604
Proposed dividend payment
–32,000
Balance to be carried forward
59,604
PROPOSED PAYOUT
CHF 1,000
2023
Proposed dividend payment
Gross dividend per registered share: CHF 2.50 (2022: CHF 2.05)
on 12,747,717 shares entitled to distribution at 31 December 2023
31,869
on 52,283 treasury shares set aside for the employee share plan at 31 December 20231)
131
Less withholding tax
–11,200
Total payout
20,800
1)The Company will waive its entitlement to dividend for the treasury shares held on the distribution date that are reserved for use in its employee share plan. The amount due on these shares will be taken to the profit carried forward.