- Scrip dividend take-up rate of 63.30%
- Reference share price of CHF 76.30 and distribution value of CHF 72.49
- 5,274,023 new shares to be issued
The company’s Annual General Meeting held on March 26, 2025 had offered its shareholders the possibility to receive the 2025 dividend in cash or in new SGS shares.
SGS announces today that 63.30% of the dividend for the financial year 2024 was elected to be paid in the form of new SGS shares, while the remaining 36.70% will be paid out in cash.
Based on the daily volume weighted average price of the existing SGS shares traded on the SIX Swiss Exchange between April 3, 2025 and April 16, 2025, the reference share price was set at CHF 76.30. The distribution value of the new shares of CHF 72.49 was set at a discount of 5.0% to the reference share price, leading to a conversion ratio of 1:22.653.
5,274,023 new SGS shares will be issued through a capital increase for the scrip dividend. The delivery of the new shares and the payment of the total CHF 221.6 million cash dividend is planned to take place on April 24, 2025.
Géraldine Picaud, CEO of SGS, commented:
“We are pleased with the strong take-up of our scrip dividend and grateful to our shareholders for their continued support and confidence in Strategy 27. This outcome allows SGS to both reward shareholders’ loyalty and redirect close to CHF 400 million in cash towards high-impact growth opportunities. It gives us additional firepower to accelerate sustainable value creation and deliver strong returns as we continue to execute Strategy 27 at full speed.”
About SGS
SGS is the world’s leading Testing, Inspection and Certification company. We operate a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of 99,500 dedicated professionals. With over 145 years of service excellence, we combine the precision and accuracy that define Swiss companies to help organizations achieve the highest standards of quality, compliance and sustainability.
Our brand promise – when you need to be sure – underscores our commitment to trust, integrity and reliability, enabling businesses to thrive with confidence. We proudly deliver our expert services through the SGS name and trusted specialized brands, including Brightsight, Bluesign, Maine Pointe and Nutrasource.
SGS is publicly traded on the SIX Swiss Exchange under the ticker symbol SGSN (ISIN CH1256740924, Reuters SGSN.S, Bloomberg SGSN:SW).
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