DGAP-News: Mutares SE & Co. KGaA: First virtual Annual General Meeting approves dividend of EUR 1.00 per share again
DGAP-News: Mutares SE & Co. KGaA
/ Key word(s): AGM/EGM
Mutares SE & Co. KGaA: First virtual Annual General Meeting approves dividend of EUR 1.00 per share again - High approval for all agenda items at first virtual Annual General Meeting - Renewed distribution of a dividend of EUR 1.00 per share approved - Management Board optimistic about M&A activity in the second half of 2020 Munich, 18 May 2020 - The Annual General Meeting of Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today approved the proposal of the Management Board and Supervisory Board and resolved to pay again a dividend of EUR 1.00 per share (previous year: EUR 1.00) for the past financial year. Taking into account treasury shares, a total of approximately EUR 15.2 million (previous year: EUR 15.2 million) of the net profit of Mutares SE & Co. KGaA will be distributed. The members of the Management Board, the Supervisory Board and the Shareholders' Committee were also discharged by the shareholders for the financial year 2019. The voting presence at the General Meeting was 51.86%. In its presentation, the Management Board commented in detail on the very positive results of the 2019 financial year and the successful start to the year in the first quarter of 2020. The outlook for the current financial year is influenced by the COVID-19 pandemic. Nevertheless, the Management Board is optimistic that it will be able to take advantage of additional opportunities in the M&A area on the purchasing side in the second half of the year. Robin Laik, CEO of Mutares Management SE as personally liable partner of Mutares SE & Co. KGaA comments: "The successful financial year 2019, with the renewed distribution of a dividend of EUR 1.00 per share, and the strong start to the 2020 financial year underline the growth course of the Mutares Group. Based on our track record to date, we are more convinced than ever of our business model and its value creation and we are confident that we will continue to develop our investments even in the current very challenging environment. In particular, we are convinced that we will be able to strengthen our investments through strategic acquisitions in the further course of the year." All proposed resolutions of the agenda items received clear approval by the Annual General Meeting. Further information on the Annual General Meeting 2020 and the detailed voting results will be available shortly at https://mutares.de/investor-relations/annual-general-meeting/?lang=en. Company profile of Mutares SE & Co. KGaA Mutares SE & Co. KGaA Contact for press requests
18.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Mutares SE & Co. KGaA |
Arnulfstr.19 | |
80335 Munich | |
Germany | |
Phone: | +49 (0)89-9292 776-0 |
Fax: | +49 (0)89-9292 776-22 |
E-mail: | [email protected] |
Internet: | www.mutares.de |
ISIN: | DE000A2NB650 |
WKN: | A2NB65 |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange |
EQS News ID: | 1049803 |
End of News | DGAP News Service |
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1049803 18.05.2020
Mutares SE & Co. KgaA Stock
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