22. March 2023 Business news

ALSO: Plus 557% dividend per share in the last twelve years

The Annual General Meeting on 17 March 2023 approved an increase in the dividend of 0.30 to CHF 4.60. For private shareholders resident in Switzerland, the dividend is tax-free in the ratio of the foreign capital contribution reserve to the total dividend, provided the shares are privately held. Otherwise, it is subject to withholding tax. It will be paid out to shareholders as of 23 March 2023.

All other motions of the Board of Directors were also adopted with a large majority, the Annual Report 2022 was approved and the actions of the Executive Board and the members of the Board of Directors were ratified. Peter Athanas, Walter P.J. Droege, Ernest-W. Droege, Thomas Fürer, Frank Tanski, and Gustavo Möller-Hergt have been confirmed for the coming year of office. The latter has been re-elected by the shareholders as Chairman of the Board of Directors.

“IT is an integral part of our everyday lives, in medicine, education, logistics, gastronomy, private households and much more. With the implementation of digital management tools and platforms – ERP, BI, CRM, Webshop, Cloud – as well as the continuous increase of operational excellence, over the last twelve years ALSO has laid the foundation for further sustainable profitable growth, based on the opportunities of this ever-expanding industry” explains Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN).

Contact ALSO Holding AG:
Beate Flamm
SVP Sustainable Change
E-mail: beate.flamm@also.com

ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) is one of the leading technology providers for the ICT industry, currently active in 30 countries in Europe and in a total of 144 countries worldwide via PaaS partners. The ALSO ecosystem comprises a total potential of around 120 000 resellers, to whom we offer hardware, software and IT services from more than 700 vendors in over 1 500 product categories. In the spirit of the circular economy, the company provides all services from supply to recycling from a single source. The business activities comprise the areas of Supply, Solutions and Service. Supply comprises the transactional range of hardware and software. Solutions supports customers in the development of customised IT solutions. Subscription-based cloud offerings as well as platforms for cybersecurity, virtualisation and AI are at the heart of the service area. The main shareholder is the Droege Group, Düsseldorf, Germany. Further information at: https://also.com.