PRESSEPORTAL Presseportal Logo
All Stories
Follow
Subscribe to Lenzing AG

05.03.2019 – 08:46

Lenzing AG

EANS-Adhoc: Lenzing AG
Lenzing Management Board proposes unchanged dividend and special dividend

--------------------------------------------------------------------------------
  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

- Basic dividend to remain constant at EUR 3.00 per share
- Special dividend of EUR 2.00 proposed once again

Dividend Announcements/Distribution
05.03.2019

Lenzing - The Management Board of Lenzing AG, market leader in the production of
specialty fibers made from the renewable raw material wood, has resolved to
propose to the Annual General Meeting that the following dividend be distributed
to shareholders for the 2018 financial year: a basic dividend of EUR 3.00 per
share and a special dividend of EUR 2.00 per share.

This dividend proposal reflects the good implementation of the corporate
strategy sCore TEN and the company's strong balance sheet. Performance
indicators and the outlook of Lenzing AG for the current financial year will be
published on March 14, 2019.

The total dividend payout to shareholders will amount to about EUR 133 mn,
subject to the acceptance of the proposal by the Supervisory Board at its
meeting scheduled for March 13, 2019 for the purpose of approving the
consolidated financial statements as well as the approval granted by Lenzing AG
shareholders at the Annual General Meeting on April 17, 2019.




Further inquiry note:
Lenzing AG
Mag. Waltraud Kaserer
Vice President Corporate Communications & Investor Relations
Tel.: +43 (0) 7672 701-2713
mailto: w.kaserer@lenzing.com

end of announcement                         euro adhoc
--------------------------------------------------------------------------------



issuer:       Lenzing AG
                
              A-A-4860 Lenzing
phone:        +43 7672-701-0
FAX:          +43 7672-96301
mail:      office@lenzing.com
WWW:       http://www.lenzing.com
ISIN:         AT0000644505
indexes:      ATX, WBI
stockmarkets: Wien
language:     English
 

Original content of: Lenzing AG, transmitted by news aktuell