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Novartis shareholders approve all resolutions proposed by the Board of Directors at the Annual General Meeting

Feb 28, 2020 - Thomson Reuters ONE
Board and Executive Moves

- Shareholders approve 23rd consecutive dividend increase to CHF 2.95 (+4%) per share for 2019; representing a 3.5%1 yield and approximately 54% payout of free cash flow

- Shareholders confirm Dr. Joerg Reinhardt as Chairman of the Board of Directors as well as all other members who stood for re-election; Ms. Bridgette Heller and Mr. Simon Moroney elected to the Board of Directors

- Shareholders approve all other proposals of the Board of Directors, including the 2019 Compensation Re...