Exor Well Positioned to Continue Building Great Companies and Deliver Superior Returns for Shareholders; Nitin Nohria Nominated New Chairman, Succeeding Ajay Banga
- Net cash position up €4.7 billion, at €0.8 billion at year-end
- NAV at year end at €28.2 billion. NAV per share declined 7.6%, while outperforming the MSCI World Index by 6.6 p.p., mainly driven by the market performance of listed companies and cash position
- Board of Directors nominates for AGM appointment Nitin Nohria as new Chairman, Senior Non-Executive Director and Sandra Dembeck and Tiberto Ruy Brandolini D’Adda as new Non-Executive Directors
- Board of Directors approved today final €150 million tranche of the €500 million share buyback program
- Ordinary dividend of €100 million corresponds to €0.44 per share to be paid, subject to AGM approval
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