Lundbeck faces criticism over new share structure

A new share structure is meant to beef up Lundbeck for future acquisitions, the company and its majority owner the Lundbeck Foundation say. The proposal has nevertheless been met with criticism from shareholders who fear dilution. On Wednesday, Lundbeck will meet its critics.
Lars Rasmussen, chair of the board of director at Lundbeck | Photo: Tycho Gregers/Ritzau/Ritzau Scanpix
Lars Rasmussen, chair of the board of director at Lundbeck | Photo: Tycho Gregers/Ritzau/Ritzau Scanpix
by ANDREAS LØNSTRUP, translated by daniel pedersen

A steadily decreasing share price and strong criticism from its base are the backdrop for Lundbeck’s annual general meeting on Wednesday.

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