voestalpine AG

EANS-News: voestalpine AG /voestalpine Annual General Shareholders' Meeting approves dividend of one euro

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Annual & Special Corporate Meetings

- Dividend of one euro per share for the business year 2014/15
- Management Board authorized to repurchase own shares
Today, at the 23rd Annual General Shareholders' Meeting of voestalpine AG, a
dividend of one euro (after EUR 0.95 in the previous year) for each dividend-
bearing share was approved for the business year 2014/15. The shareholders acted
on the relevant recommendation by the Management Board and the Supervisory
Board. The dividend shall be paid out starting on July 13, 2015 (ex-dividend
date is July 6, 2015).
The Annual General Shareholders' Meeting also authorized the Management Board to
repurchase its own shares to a maximum of 10 percent of voestalpine AG share
capital. This is fundamentally a renewal of the repurchase authorization issued
in 2013 for purposes including extending the employee shareholding scheme and
for any convertible bonds. The repurchase authorization is valid for 30 months.
In this regard the Management Board of voestalpine AG was also authorized to
repurchase its own shares to a maximum of 10 percent of voestalpine AG share
capital, and consequently to reduce the share capital by this amount.
The voestalpine AG employee shareholding scheme is regarded worldwide as a best
practice model. After the most recent increase in share capital in April of this
year, as of June 2015 the voestalpine Mitarbeiterbeteiligung Privatstiftung, a
private foundation which pools and manages the voting rights of 24,200
employees, holds a 14.8 percent stake in the company.This represents a value of
around one billion euros. As a result, its employees are the Group's second-
largest shareholders. 
In general, the voestalpine Group can look back on a uniquely successful story,
one which commenced with the start of privatisation in 1995 (a process completed
in 2005 with the 100 percent withdrawal of the state from our ownership
structure) and which can also be expressed in dividend performance: Since its
listing on the stock exchange in 1995, voestalpine AG has paid out a total of
EUR 2.2 billion in dividends to its shareholders. The average dividend yield is
3.8 percent.
The voestalpine Group
The voestalpine Group is a steel-based technology and capital goods group that
operates worldwide. With around 500 Group companies and locations in more than
50 countries and on all five continents, the Group has been listed on the Vienna
Stock Exchange since 1995. With its top-quality products, the Group is one of
the leading partners to the automotive and consumer goods industries in Europe
and to the oil and gas industries worldwide. The voestalpine Group is also the
world market leader in turnout technology, special rails, tool steel, and
special sections. In the business year 2014/15, the voestalpine Group reported
revenue of EUR 11.2 billion and an operating result (EBITDA) of EUR 1.5 billion;
it had around 47,500 employees worldwide.

Further inquiry note:
DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax:  +43/50304/55-5581

end of announcement                               euro adhoc 

company:     voestalpine AG
             voestalpine-Straße  1
             A-4020 Linz
phone:       +43 50304/15-9949
FAX:         +43 50304/55-5581
mail:     IR@voestalpine.com
WWW:      www.voestalpine.com
sector:      Metal Goods & Engineering
ISIN:        AT0000937503
indexes:     WBI, ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English

Weitere Meldungen: voestalpine AG

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