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Homepage arrow_right Resources arrow_right News arrow_right First postponements of Annual Shareholders’ Meetings in Italy, risks of delayed dividend payments

First postponements of Annual Shareholders’ Meetings in Italy, risks of delayed dividend payments

10 March 2020 Articles

Covid-19 is already causing delays to some annual shareholders' meetings in Italy, such as Cattolica’s or Astaldi’s for instance.

Morrow Sodali Managing Director Andrea Di Segni commented in Sole24Ore on the possible solutions to ensure AGMs do take place while ensuring compliance with safety provisions, but he warned that any decision taken could result in delays in dividend payments and that, in such a situation of uncertainty, many funds may reconsider their investments plan.

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