As announced on June 3, 2019, 72.98 percent of LafargeHolcim’s distribution for the financial year 2018 was elected by shareholders to be paid in the form of new LafargeHolcim Ltd shares.
Based on the daily volume weighted average price of the existing LafargeHolcim shares traded on the SIX Swiss Exchange between May 27, 2019 and June 7, 2019, the reference share price is CHF 49.01. The issue price of CHF 45.09 is set at a discount of 8.0 percent to the reference share price and the conversion ratio is 1:22.545.
19,303,633 new LafargeHolcim Ltd shares will be issued out of authorized capital for the scrip dividend. The delivery of the new shares and the payment of the cash dividend will be on June 25, 2019.
Further information about the scrip dividend can be found in the ”Shareholder Information Brochure – Dividend Distribution 2019“.
About LafargeHolcim
LafargeHolcim is the global leader in building materials and solutions. We are active in four business segments: Cement, Aggregates, Ready-Mix Concrete and Solutions & Products.
With leading positions in all regions of the world and a balanced portfolio between developing and mature markets, LafargeHolcim offers a broad range of high-quality building materials and solutions. LafargeHolcim experts solve the challenges that customers face around the world, whether they are building individual homes or major infrastructure projects. Demand for LafargeHolcim materials and solutions is driven by global population growth, urbanization, improved living standards and sustainable construction. Around 75,000 people work for the company in around 80 countries.