R. Stahl AG / Key word(s): Dividend/AGM/EGM
Annual General Meeting of R. STAHL AG adopts dividend of EUR 0.80 per share
- Dividend of EUR 0.80 per share approved
- Hans-Volker Stahl retires from Supervisory Board
- Jürgen Wild elected to Supervisory Board
Waldenburg, 22 May 2015 - The 22nd Annual General Meeting (AGM) of R. STAHL AG held today in Neuenstein has voted to adopt the proposed dividend for fiscal year 2014 of EUR 0.80 (previous year: EUR 1.00) per share. The total payout is thus EUR 5.2 million (previous year: EUR 5.8 million), while the dividend ratio amounts to around 52% of R. STAHL AG Group's net profit of EUR 9.8 million (previous year: around 38% of EUR 15.4 million). With the sale of treasury shares completed in January 2015, the number of shares with dividend entitlement rose year on year by 644,000 to 6,440,000. The company is therefore continuing its shareholder-friendly dividend policy and adapting the payout to the development of the balance sheet profit and the number of dividend-entitled shares.
Supervisory Board completes generation change
CEO Martin Schomaker thanked Hans-Volker Stahl warmly for more than two decades of successful cooperation. "With his many years of experience and his profound economic understanding, he enriched the discussions of our committee and was always a competent partner for the Executive Board in all strategic and operational matters. Hans-Volker Stahl acted as a moderator between the founding family and the capital market and was one of the decisive architects of our company's success," said Schomaker. "At the same time, I am looking forward to working with the new Chairman of the Supervisory Board, Heiko Stallbörger."
Dynamic start into the new fiscal year
About R. STAHL
Bernd Marx (CFO)
Nathalie Dirian (Investor Relations)
Frank Schwarz (Investor Relations)
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|Company:||R. Stahl AG|
|Am Bahnhof 30|
|Phone:||+49 (7942) 943-0|
|Fax:||+49 (7942) 943-4333|
|Listed:||Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich|
|End of News||DGAP News-Service|