Sword Group: Shareholders Information
31 Mars 2020 - 8:07PM
Sword Group: Shareholders Information
Sword Group - Cancellation of the dividend payment
proposed to the General Meeting on 28 April 2020
Resolution not to distribute dividends
When the Group publishes its quarterly revenue for 2020 on 23
April next, it will analyse not only the first quarter of the year
but also the outlook for the forthcoming quarters.
At that time, the Group will have a better vision of the
economic consequences of the Coronavirus crisis.
In view of the current period of uncertainty, the Sword Group
Board of Directors that met on 30 March 2020, has decided to cancel
its proposal to pay dividends for the financial year 2019 at the
next Shareholders’ General Meeting.
Indeed, the Group must be cautious given this unprecedented
situation and at the current time, its main concern must be its
staff and partners.
Hence, the text of the draft resolutions for the Ordinary and
Extraordinary General Meeting has been modified.
In the same way, and in this context, all the Group subsidiaries
must keep their cash.
Consequently, there will be no 2019 dividend distribution from
our subsidiaries towards their parent company.
- SwordGroup_Dividends FV 31032020
Sword (EU:SWP)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024
Sword (EU:SWP)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024