Lundbeck chair on shareholder criticism: Share split benefits everyone

Chair Lars Rasmussen defended the controversial share split proposed by the Lundbeck Foundation, meant to ensure power stays where it is, at the company’s annual general meeting.
Photo: Gregers Tycho/ERH
Photo: Gregers Tycho/ERH
by ANDREAS LØNSTRUP, translated by daniel pedersen

The chair of Lundbeck’s board of directors, Lars Rasmussen, had to defend the company’s recent decision to split shares, meaning that some shares would come with weaker voting rights at general assemblies than others.

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