Dürr’s Annual General Meeting approves dividend of 70 cents per share
04/30/2009
Stuttgart, April 30, 2009 – The shareholders of Dürr AG resolved, by a large majority of votes, to pay a dividend of 70 cents per share for the 2008 fiscal year. Based on the stock’s closing price at the end of 2008 this represents a dividend yield of 5.7%. Last year Dürr paid a dividend of 40 cents per share.
Today’s Annual General Meeting, which was attended by about 350 shareholders and shareholders’ representatives, approved the actions of the Board of Management and the Supervisory Board by a majority of 99.995% and 99.990% of the votes. Ernst & Young AG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft was again appointed as independent auditor for the current fiscal year. The Annual General Meeting also passed all the other proposed resolutions on the agenda by a large majority of votes.
The Dürr Group is a supplier of plant and equipment that commands leading global market positions in its areas of activity. Business with the automotive industry accounts for about 85% of its sales. Dürr also supplies innovative manufacturing and environmental technologies for the aircraft, mechanical engineering, chemical and pharmaceutical industries. The Dürr Group operates in the market through two divisions. The Paint and Assembly Systems division supplies production and painting technologies, mainly for automotive body & chassis manufacturing. The equipment and systems supplied by the Measuring and Process Systems division are used, among other things, for engine and transmission production and for final vehicle assembly. Dürr is present in 45 locations in 20 countries around the world. The Group achieved sales of € 1.6 billion with approximately 6,100 employees in 2008.
Contact:
Dürr AG
Günter Dielmann/Mathias Christen
Corporate Communications & Investor Relations
Phone +49 (0)711 136-1785/-1381
Fax +49 (0)711 136-1716
E-mail corpcom(at)durr.com
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Dürr AG corpcom(at)durr.com |