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Glarner Kantonalbank is seeking a new member for its Supervisory Board following Sonja Stirnimann's decision not to stand for re-election at the Annual General Meeting on April 25, 2025, citing "personal reorientation." Stirnimann, an economist and Chairwoman of the Audit Committee since 2019, will be succeeded by Angela Petruzzi, who is set to replace Benjamin Mühlemann on the Board. The bank has initiated the search for Stirnimann's successor.
Glarner Kantonalbank (GLKB) has introduced a new insurance policy from Pax for mortgage customers using the GLKB Hypomat platform, enhancing its innovative financial offerings. Despite recent fluctuations, the bank's share price remains stable at EUR 22.65, reflecting resilience in a challenging market, with a market capitalization of EUR 305.8 million. The bank is also preparing for a significant Board of Directors change, nominating Angela Petruzzi as a successor to Benjamin Mühlemann at the upcoming Annual General Meeting.
Glarner Kantonalbank (GLKB) demonstrates resilience in a challenging market, with its share price at EUR 22.65 as of November 9, 2024, despite a slight monthly decline of 1.31%. The bank's market capitalization is EUR 305.8 million, and it offers an attractive dividend yield of 5.09% for 2024. Recent developments include the nomination of Angela Petruzzi to the Board of Directors, set for shareholder approval on November 25.
Angela Petruzzi has been nominated to succeed the retiring Benjamin Mühlemann, with the recommendation set for discussion at the Annual General Meeting on November 25. Meanwhile, Glarner Kantonalbank's share price has shown resilience, currently at EUR 23.30, reflecting a 3.79% increase over the past month despite some fluctuations. The bank maintains solid fundamentals, with a dividend yield of 5.09% for 2024, making it attractive to investors.
Glarner Kantonalbank (GLKB) demonstrates resilience in a challenging market, with its share price currently at EUR 22.45, 51% above its 52-week low. The bank offers an attractive dividend yield of 5.09% and has recently expanded its mortgage offerings through a partnership with Pax. Despite slight price fluctuations, investor confidence remains strong, reflecting the bank"s solid fundamentals and innovative approach.
Glarner Kantonalbank (GLKB) demonstrates resilience in a challenging market, with its share price currently at EUR 22.40, reflecting a slight decline of 0.44%. The bank boasts a robust dividend yield of 5.09% and has recently expanded its mortgage offerings through a partnership with Pax. Despite minor fluctuations, the share remains significantly above its 52-week low, indicating strong investor confidence.
Glarner Kantonalbank has nominated Angela Petruzzi to succeed retiring board member Benjamin Mühlemann, with the vote scheduled for the Annual General Meeting on November 25. Despite this positive development, the bank's shares have dipped to EUR 22.60, reflecting a 0.44% decline, while the 2024 dividend yield is projected at 5.09%. Analysts indicate a potential undervaluation with a P/E ratio of 10.65, prompting discussions on whether shareholders should buy or sell.
Glarner Kantonalbank (GLKB) is nominating Angela Petruzzi for election to its Board of Directors at the Annual General Meeting on April 25, replacing Benjamin Mühlemann, who is stepping down. Petruzzi is the owner and managing director of Petruzzi GmbH and Erich Fischli & Partner KLG, with extensive experience in financial consulting and auditing. Mühlemann has served on the Board since 2021 and will continue as an independent member until the 2025 AGM.
Angela Petruzzi is set to be proposed as a new member of the Board of Directors of Glarner Kantonalbank at the Annual General Meeting on April 25, 2025. She is the owner and managing director of Petruzzi GmbH and has extensive experience in auditing and financial consulting. Petruzzi will succeed Benjamin Mühlemann, who is stepping down after serving from 2021 to 2024.
Angela Petruzzi has been nominated to join the Board of Directors of Glarner Kantonalbank (GLKB) at the Annual General Meeting on April 25, succeeding Benjamin Mühlemann. Petruzzi, owner and managing director of Petruzzi and Erich Fischli&Partner KLG in Näfels, specializes in accounting, tax, corporate advisory, auditing for SMEs, and restructuring support.
Angela Petruzzi
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