Lundbeck CEO acknowledges investor frustration over share split
Deborah Dunsire, CEO of Lundbeck, understands both the motivation behind majority owner the Lundbeck Foundation’s two share groups idea and the frustration it causes for other shareholders.
by christian bundgaard, translated by daniel pedersen
It was the right decision to split Lundbeck’s shares into two groups, says the company’s chief executive, Deborah Dunsire. This means majority owner the Lundbeck Foundation sits on the majority of votes, while potentially allowing to company to raise capital earmarked for acquisitions by selling shares, writes financial media Finans.
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