---
title: "RHI Magnesita Wins Strong Shareholder Backing at 2026 AGM"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286285637.md"
description: "RHI Magnesita NV received strong shareholder support at its 2026 AGM, with 85% of issued shares represented. Shareholders approved all resolutions, including a €1.20 final dividend per share and the re-election of directors. The AGM also confirmed KPMG as the external auditor for 2026 and renewed authorities for share issuance and buybacks. Analysts rate RHIM stock as a Buy with a £38.50 price target, though Spark's AI Analyst gives it a Neutral rating due to financial concerns. RHI Magnesita is a leading supplier of refractory products, targeting growth in high-temperature industrial processes."
datetime: "2026-05-13T15:12:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286285637.md)
  - [en](https://longbridge.com/en/news/286285637.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286285637.md)
---

# RHI Magnesita Wins Strong Shareholder Backing at 2026 AGM

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An announcement from RHI Magnesita NV ( (GB:RHIM) ) is now available.

RHI Magnesita shareholders approved all voting resolutions at the company’s 2026 annual general meeting, including adoption of the 2025 accounts, a final dividend of €1.20 per share and the release of directors from liability for the past financial year. The vote saw around 85% of issued shares represented, signalling broad investor engagement and confidence in the group’s financial reporting and governance.

The AGM also confirmed the re-election of the full slate of executive and non-executive directors, the reappointment of KPMG as external auditor for 2026 and strong backing for the directors’ remuneration report and fees for non-executives. Investors further renewed authorities for share issuance, limited disapplication of pre-emption rights, share buybacks and cancellation of treasury shares, giving the board continued flexibility to manage capital structure and pursue its stated value-accretive growth and consolidation strategy.

The most recent analyst rating on (GB:RHIM) stock is a Buy with a £38.50 price target. To see the full list of analyst forecasts on RHI Magnesita NV stock, see the GB:RHIM Stock Forecast page.

**Spark’s Take on RHIM Stock**

According to Spark, TipRanks’ AI Analyst, RHIM is a Neutral.

The score is driven primarily by middling financial quality (softening revenue, margin compression, and higher leverage) and weak technical signals. These are partly offset by supportive valuation (notably the ~5.5% dividend yield) and earnings-call guidance pointing to self-help-led EBITA improvement and modest deleveraging, albeit with demand recovery not expected until 2027.

To see Spark’s full report on RHIM stock, click here.

**More about RHI Magnesita NV**

RHI Magnesita N.V. is a leading global supplier of high-grade refractory products, systems and solutions used in high-temperature industrial processes above 1,200°C across steel, cement, non-ferrous metals and glass sectors. With a vertically integrated value chain, over 20,000 employees, dozens of production and raw material sites and more than 70 sales offices, it targets faster-growing regions while pursuing a consolidation strategy in the fragmented refractory industry.

The group, listed on the London Stock Exchange’s FTSE 250 with a secondary listing in Vienna, positions itself as offering EBITDA and free cash flow metrics comparable to large-cap industrial peers, emphasising high free cash flow yield and capital allocation across dividends, M&A, organic investment and buybacks to maximise shareholder value.

**Average Trading Volume:** 25,729

**Technical Sentiment Signal:** Buy

**Current Market Cap:** £1.26B

See more data about RHIM stock on TipRanks’ Stock Analysis page.

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