Saint-Gobain Holds AGM, Renews CEO Benoit Bazin's Term
Why we think this is neutral
This RNS announcement is a general update on Saint-Gobain's AGM and board changes, which does not contain any specific financial or operational news that would warrant a strong sentiment score. The renewal of the CEO's term and appointment of new directors are routine corporate governance matters.
Key Points
- Benoit Bazin reappointed as Chairman and CEO
- Three new independent directors appointed to the board
- Dividend increased by 5% to €2.20 per share
Summary
The building materials company holds its annual general meeting, reappointing the CEO and adding three new independent directors to its board.
Compagnie de Saint-Gobain held its Shareholders' Meeting, at which all proposed resolutions were adopted by a large majority. The director's term of office of Benoit Bazin was renewed, and the Board of Directors reappointed him as Chairman and Chief Executive Officer. Three new independent directors were also appointed to the board.
Key Dates
June 9, 2025
Shares go ex-dividend
June 11, 2025
Dividend payment date
GENERAL UPDATE