EXOR N.V. announced that all the resolutions proposed by the Board of Directors to today’s Annual General Meeting of Shareholders (the “AGM”) in Amsterdam were approved, including:
- The adoption of EXOR N.V.’s 2018 Annual Accounts.
- A dividend distribution of €0.43 per outstanding shares, which will result in a maximum distribution of approximately €100 million. The dividends will become payable on 26 June 2019 (ex-dividend date 24 June 2019) and will be paid to the shares of record as of 25 June 2019 (record date).
- The extension of the authorization to the Board of Directors for the repurchase of shares on the market. Under the authorization, the Company may purchase on the market, for 18 months from the date of the AGM, shares for a maximum number such as not to exceed the limit set by Dutch law and by the Company’s Articles of Association. The repurchase price per share will be between the nominal value of the shares and an amount of 110% of the recorded reference price on the day before each transaction. The maximum amount to be used for the repurchase of shares will be €500,000,000.
The voting results will be available on EXOR’s website (www.exor.com) in the next few days.