KAP AG
KAP AG’S ANNUAL GENERAL MEETING APPROVES DIVIDEND
EQS-News: KAP AG
/ Key word(s): AGM/EGM
KAP AG’S ANNUAL GENERAL MEETING APPROVES DIVIDEND Among other matters, the joint proposal for the appropriation of profits presented by the Management Board and the Supervisory Board to distribute a dividend of €1.50 per voting share was approved by majority vote. This move yet again underscores KAP AG’s attractive and sustainable dividend policy. Additional resolutions adopted by the Annual General Meeting included the exoneration of the Management Board and the Supervisory Board, the election of the auditor and group auditor for the 2023 financial year and the approval of the remuneration report. “Given our good positioning in many markets and the long-term financial security we have achieved at holding company level combined with our ample headroom, we look to the future with optimism. To be sure, we have room for further improvement in terms of efficiency and effectiveness. We are working very consistently on a number of measures in this respect in order to reach our minimum target of a normalised EBITDA margin of 10 percent and exceed it even if macroeconomic conditions are unsatisfactory,” Eckehard Forberich, Spokesman of KAP AG’s Management Board, emphasised in his address to the shareholders. KAP AG has published the detailed voting results on the agenda items on its website’s investor relations section at https://www.kap.de/en/investor-relations/general-meeting/agenda-documents Contact: About KAP AG
14.07.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG. |
Language: | English |
Company: | KAP AG |
Edelzeller Straße 44 | |
36043 Fulda | |
Germany | |
Phone: | 06611030 |
Fax: | 0661103830 |
E-mail: | office@kap.de |
Internet: | www.kap.de |
ISIN: | DE0006208408 |
WKN: | 620840 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1680769 |
End of News | EQS News Service |