Proposed appropriation of available earnings – Conzzeta AG
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CHF |
2020 |
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The Board of Directors proposes to the Annual General Meeting on April 21, 2021, that the total sum available for appropriation, consisting of: |
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Net income |
116,700,222 |
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Retained earnings carried forward from previous year |
42,371,045 |
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Retained earnings |
159,071,267 |
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Treasury shares (held directly) |
2,101,424 |
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Total sum available for appropriation |
156,969,843 |
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be appropriated as follows: |
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Dividend of CHF 60.00 per class A registered share |
109,620,000 |
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Dividend of CHF 12.00 per class B registered share |
14,580,000 |
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Total dividend |
124,200,000 |
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Retained earnings to be carried forward |
34,871,267 |
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If this proposal is approved, the dividend distribution for the 2020 reporting year will be:
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CHF |
Gross dividend |
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35% withholding tax |
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Net dividend |
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Per class A registered share |
60.00 |
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21.00 |
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39.00 |
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Per class B registered share |
12.00 |
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4.20 |
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7.80 |
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The dividend will be paid out with the value date of Tuesday, April 27, 2021.