Sunrise (SNNRF) shareholders approve dividend, pay structure and board at AGM
Rhea-AI Filing Summary
Sunrise Communications held its Annual General Meeting in Zurich, where shareholders approved all agenda items proposed by the Board. Shareholder participation reached 78.53% of the registered stock, indicating broad engagement.
For the 2025 financial year, shareholders approved the consolidated and statutory financial statements and the non-financial reporting. They also backed a dividend of CHF 3.42 per Class A Share and CHF 0.34 per Class B Share. The dividend will be paid from reserves from foreign capital contributions and treated as a repayment of qualifying additional paid-in capital, so it is not subject to the 35% Swiss withholding tax. The ex-dividend date is 11 May 2026, with payment expected on 13 May 2026.
Shareholders granted discharge to the Board and management, approved the 2025 Compensation Report in an advisory vote, and authorized maximum aggregate compensation for the Board for the 2026–2027 term and for the Executive Committee for 2027. They re-elected all nominated directors, including chairman Michael T. Fries, confirmed members of the Compensation Committee, and re-appointed Anwaltskanzlei Keller AG as Independent Voting Rights Representative and KPMG AG as auditors for 2026.
Positive
- None.
Negative
- None.