EANS-News: ANDRITZ AG Annual General Meeting approves dividend increase to 1.50
euros per share
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Annual & Special Corporate Meetings
Graz, March 28, 2017. At today's 110th Annual General Meeting of ANDRITZ AG,
the shareholders agreed to raise the dividend to 1.50 euros per share for the
2016 business year (2015: 1.35 euros per share). The ex-dividend date is
March 30, 2017, and the date of dividend payment is April 3, 2017.
Christian Nowotny, Chairman of the Supervisory Board of ANDRITZ AG, was
re-elected to the Supervisory Board for the maximum period stipulated in the
Articles of Association (i.e. until the end of the Annual General Meeting that
will decide on the discharge for 2021). Christian Nowotny was appointed a
member of the Supervisory Board of ANDRITZ AG in December 1999 and has been
Chairman of the Supervisory Board since March 2014.
All items on the agenda were approved by the shareholders present at the
Meeting.
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The ANDRITZ GROUP
ANDRITZ is a globally leading supplier of plants, equipment, and services
for hydropower stations, the pulp and paper industry, the metalworking and
steel industries, and for solid/liquid separation in the municipal and
industrial sectors as well as for animal feed and biomass pelleting. Other
important business segments include automation and service business. In
addition, the international Group is also active in the power generating
sector (steam boiler plants, biomass boilers, recovery boilers, and
gasification plants) and in environmental technology (flue gas cleaning plants)
and offers equipment for the production of nonwovens, dissolving pulp, and
panelboard as well as recycling plants. The publicly listed technology Group
is headquartered in Graz, Austria, and has a staff of approximately 25,200
employees. ANDRITZ operates more than 250 sites in over 40 countries.
Further inquiry note:
Dr. Michael Buchbauer
Head of Group Finance, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com
end of announcement euro adhoc
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company: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: welcome@andritz.com
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English