The General Shareholders’ Meeting of Cementos Molins approves all the proposals of the Board of Directors by a large majority

Approved the distribution of a final dividend of 0.35 euros, bringing the total amount to 0.68 euros per share, 21% higher than the previous year.

The General Meeting of Shareholders and the Board ratify the re-election of Julio Rodríguez as CEO of the company and Andrea Kathrin Christenson as independent director.

The Ordinary General Shareholders’ Meeting of Cementos Molins, held today in Madrid in mixed format, with the possibility of attending in person and online, has approved with a large majority all the proposals of the Board of Directors.

Among the issues approved was the re-election of Julio Rodríguez Izquierdo as CEO. Rodríguez was appointed CEO of the company in June 2015 after succeeding Juan Molins Amat, current chairman of Cementos Molins.

In addition, the AGM ratified the re-election of Andrea Kathrin Christenson as independent director.

Improving shareholder remuneration

Another of the items approved at the AGM was the payment of a final dividend for 2022 of EUR 0.35 per share, bringing the total amount distributed to EUR 0.68 per share, an increase of 21% over the previous year, and a pay-out of 40%. This final dividend, in line with the company’s policy of improving shareholder remuneration, will be paid on 17 July.

The General Shareholders’ Meeting also approved the annual accounts for the 2022 financial year, giving a very positive assessment of the results achieved in a global environment of slowing economic growth, strong cost inflation, especially in Spain, and tensions in the supply chain.