Compagnie Financière Richemont SA held its 2026 Annual General Meeting in Geneva on September 9, with shareholders approving every item on the agenda.
Among the resolutions passed were the annual results for the fiscal year ended March 31, 2026, the appropriation of retained earnings, and the payment of dividends. Shareholders authorized an ordinary dividend of CHF 3.30 and a special dividend of CHF 1.00 per listed 'A' registered share, together with an ordinary dividend of CHF 0.33 and a special dividend of CHF 0.10 per 'B' registered share. All dividends will be declared in Swiss francs and are subject to a Swiss withholding tax of 35%. The remaining available retained earnings will be carried forward to the next financial year.
Payment of the dividend on Richemont 'A' shares listed on the SIX Swiss Exchange is expected on or about September 21, 2026, in Swiss francs. For 'A' shares traded on the Johannesburg Stock Exchange, payment is expected on September 28, 2026, in South African rand, with the rand amount determined by reference to the exchange rate announced via SENS on September 9, 2026.
The meeting also saw the re-election of all Board members standing for re-election for another one-year term, the designation of the representative of the holders of the Company's 'A' shares for election to the Board of Directors, and the re-election of the Company's statutory auditor.
Richemont operates across three business segments: Jewellery Maisons including Cartier, Van Cleef & Arpels, Buccellati and Vhernier; Specialist Watchmakers such as A. Lange & Söhne, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin; and Other, primarily Fashion & Accessories Maisons including Alaïa, Chloé, Delvaux, dunhill, Montblanc and Peter Millar, among others.
Detailed voting results and the chairman's address will be made available on the Richemont investor website in the coming days.
