The Board of Directors at French cement giant Lafarge has decided to fix the company’s proposed 2015 ordinary dividend at €1.27 per share. The raised adjustment aims at equalising dividends to be paid by Lafarge and Holcim based on the dividend announced today by Holcim in accordance with the Combination Agreement between Lafarge and Holcim signed on July 7 2014. In the context of the two companies’ planned merger, the Board of Directors also decided to propose an acceleration of the payment date of the Laf
The Board of Directors at French cement giant Lafarge has decided to fix the company’s proposed 2015 ordinary dividend at €1.27 per share.
The raised adjustment aims at equalising dividends to be paid by Lafarge and Holcim based on the dividend announced today by Holcim in accordance with the Combination Agreement between Lafarge and Holcim signed on July 7 2014.
In the context of the two companies’ planned merger, the Board of Directors also decided to propose an acceleration of the payment date of the Lafarge dividend compared to past practice, with a proposed ex-dividend date on 8 May 2015 and a payment date on 12 May 2015.
These proposals are subject to the approval by the Lafarge Annual General Meeting to be held on 7 May 2015.
