Bucher Industries : Annual General Meeting approves all proposals of the Board of Directors
April 18, 2018 at 11:37 am EDT
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Annual General Meeting approves all proposals of the Board of Directors
At today's annual general meeting of Bucher Industries AG, the shareholders agreed to all the proposals put forward by the board of directors. The dividend is CHF 6.50 per registered share. 179 shareholders with voting rights were present and a total of 73.97% of the votes were represented.
In his report to the annual general meeting, Jacques Sanche, CEO of Bucher Industries AG, said that the 2017 financial year had been pleasing overall. The Group is expecting the market environment to be largely positive in the current year, bringing with it an increase in both sales and group profit.
The shareholders then proceeded to approve all the proposals of the board of directors. They confirmed all the members of the board of directors and of the compensation committee who were standing for election. They also re-elected Philip Mosimann as chairman of the board of directors and Martin Hirzel as a new member of the board of directors. Martin Hirzel's election brings the number of board members to seven.
The annual general meeting approved by a large majority the compensation of the members of the board of directors and of group management.
The dividend of CHF 6.50 per registered share will be paid out to the shareholders on 24 April 2018. The share will trade ex-dividend from 20 April 2018 onwards.
The next ordinary annual general meeting of Bucher Industries AG will be held on 17 April 2019, starting at 3.30 p.m., at the Mövenpick Hotel in Regensdorf, Switzerland.
The following documents relating to the 2018 annual general meeting are available on the Bucher Industries website at
annual general meeting
:
Invitation to the annual general meeting
The minutes of the annual general meeting in due course
Simply great machines
Bucher Industries is a global technology group with leading market positions in speciality areas of mechanical and vehicle engineering. The company's operations include specialised agricultural machinery, municipal vehicles, hydraulic components, manufacturing equipment for the glass container industry and for wine and fruit juice production, as well as control systems for automation technology. The company's shares are traded on the SIX Swiss Exchange (SIX: BUCN).
18.04.2018
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Bucher Industries AG published this content on 18 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 April 2018 15:36:05 UTC
Bucher Industries AG is a Switzerland-based company engaged in the development and manufacture of machinery and equipment used for a range of purposes, such as harvesting, producing and packaging healthy foods, keeping cities clean and roads safe or hydraulic systems. The Companyâs operations are structured into five segments: specialized agricultural machinery (Kuhn Group); municipal vehicles (Bucher Municipal, including the subsidiary J. Hvidtved Larsen A/S); hydraulic components (Bucher Hydraulics); manufacturing equipment for the glass container industry (Emhart Glass); systems and technologies for the production of wine, fruit juice and instant products, and for dewatering sewage sludge, as well as a distributorship for tractors and agricultural machinery in Switzerland (Bucher Specials). On March 28, 2014, it acquired Montana, a Brazilian manufacturer of crop sprayers and fertilizer spreaders, specializing in self-propelled crop sprayers.
BUCHER INDUSTRIES AG 
