Leonteq Announces Major Proposals Ahead of 2025 AGM

Leonteq AG, a Swiss fintech company, has made significant announcements prior to its Annual General Meeting (AGM) set for March 27, 2025. Raiffeisen Switzerland, holding 29.71% of Leonteq shares, proposed a CHF 3.00 per share distribution, split between dividends from available earnings and capital contribution reserves.

Additionally, Rainer-Marc Frey, a 6.20% shareholder, proposed starting a share buyback program, aiming for a maximum of 5 million shares with a value up to CHF 150 million. This initiative would lead to a capital reduction following the repurchase and cancellation of shares.

Furthermore, Lukas Ruflin, former CEO and shareholder of 8.82%, will not seek re-election to the Board, citing feedback from institutional shareholders suggesting a cooling-off period.