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.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading