Bonduelle : Proposed 20% cut to the payout rate for the 2019-20 dividend
>Proposal to reduce the payout rate by 20% for the 2019-20 dividend - On Friday evening Bonduelle issued a press release announcing:A 20% reduction in the usual payout rate for the 2019-20 dividend will be proposed at the AGM on 3 December 2020.The members of the group’s supervisory board and Bonduelle SA’s board of directors have decided to forego 20% of their directors’ fees.The members of the group’s executive management have taken a 20% reduction in...Bonduelle is active in the market of processed vegetables both within and outside the European Union. Co.'s business is made up of three activities: canned, frozen and fresh vegetables (prepared and fresh-cut). It distributes its products mostly through retail channels (large supermarkets and stores) and food service sectors (restaurants, inter-company canteens). Some of Co.'s brands are Bonduelle, Cassegrain, Frudesa and Artic Gardens. Co. is organized into two geographic regions and four business segments: Bonduelle Europe Long Life (BELL), Bonduelle Fresh Europe (FRESH), Bonduelle Americas (BAM), and Bonduelle Development (BDV).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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