Novozymes’s dividends payment up 5% over previous year

March 1, 2020 |

In Denmark, Novozymes A/S held its Annual Shareholders’ Meeting last week and approved several resolutions such as the distribution of profit in accordance with the annual report for 2019 with payment of a dividend of about .77 cents (DKK 5.25) per share of .29 cents (DKK 2), an increase of 5% compared with 2018. They also approved the reduction of the company’s share capital to nearly $84 million (DKK 570 million).

During the shareholder meeting, they also elected Jørgen Buhl Rasmussen as Chairman and Cornelis (Cees) de Jong as Vice Chairman of the Board of Directors, approved the audited annual report for the 2019 financial year, and approved to renew authorizations to the Board of Directors to implement capital increases, approved a new remuneration policy for the Executive Management and the Board of Directors, and approved the authorization to acquire treasury shares.

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Category: Fuels

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