At the Extraordinary General Meeting, shareholders approved the consolidation of shares at a ratio of 50:1, meaning that for every 50 shares, shareholders will receive 1 share.
n the mid-term, BASF is committed to keeping the overall distribution to shareholders on the level of the last years through a combination of dividends and share buybacks.
The company also seeks the approval of the election of the members of EVERGENT Investments' Board of Directors for a 4-year mandate, as well as the directors' remuneration policy.
The Iran war continues without a clear end, and financial market participants are beginning to consider a scenario where the conflict extends over months rather than weeks, according to an Ebury analysis.
Although 86% of organisations plan to increase their artificial intelligence (AI) investments, only 18% can fully leverage this technology, according to an Accenture report.