Corporate | 3 May 2013 16:58
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A.S. Création Tapeten AG / Key word(s): AGM/EGM
Annual General Meeting decides strong dividend increase The Annual General Meeting of A.S. Création Tapeten AG, Europe’s leading wallpaper manufacturer, today decided to increase the dividend by 60% from the previous year’s EUR 0.75 to EUR 1.20. The decision was taken against the background of the improved earnings position of A.S. Création in the past fiscal year. The company thus continues its dividend policy, which provides for a high payout ratio as long as this is warranted by the company’s financial situation, and underlines the A.S. Création share’s reputation as a high-yield paper. The company has distributed a dividend every year since the 1998 IPO. The Annual General Meeting thanked all employees of A.S. Création for their commitment in the past fiscal year. The Managing Board and the Supervisory Board were released from liability for the past fiscal year by a large majority of the shareholders. The Annual General Meeting also approved the proposed change from bearer shares to registered shares. This step is designed to make the shareholder structure more transparent and facilitate direct communication with the shareholders. Gummersbach, May 3, 2013 A.S. Création Tapeten AG The Managing Board
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| Language: | English | |
| Company: | A.S. Création Tapeten AG | |
| Südstraße 47 | ||
| 51645 Gummersbach | ||
| Germany | ||
| Phone: | +49 22 61 54 2-0 | |
| Fax: | +49 22 61 54 2-3 04 | |
| E-mail: | investor@as-creation.de | |
| Internet: | http://www.as-creation.de | |
| ISIN: | DE0005079909 | |
| WKN: | 507990 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 209669 03.05.2013 |