Business
Siltronic AG: Siltronic announces proposed dividend of EUR 0.20 for the financial year 2024
Siltronic AG: Siltronic announces proposed dividend of EUR 0.20 for the financial year
About this update from Siltronic Ag
[{"type":"text","content":"\n Ad-hoc announcement / Disclosure of an inside information according to Article 17 MAR\n \n \n \n Siltronic AG\n \n \n Einsteinstraße 172\n \n \n 81677 Munich\n https://www.siltronic.com\n Siltronic announces proposed dividend of EUR 0.20 for the\n financial year 2024\n Munich, Germany, February 3, 2025 - The Executive Board of Siltronic AG today decided to suspend the dividend policy for the 2024 financial year. It plans to propose a reduced dividend of EUR 0.20 for the financial year 2024 to the Annual General Meeting on May 12, 2025. Based on 30 million issued shares, this proposal will result in a total payout of EUR 6 million.\n \n \n \n The reduction in the dividend is a consequence of the ongoing weak demand and primarily serves to support organic growth.\n \n \n \n The preliminary figures for the financial year 2024 will be published tomorrow, Tuesday, February 4, 2025, and the complete and audited annual report for 2024 will be released on March 6, 2025.\n Additional information:\n ISIN: DE000WAF3001\n WKN: WAF300\n Deutsche Börse: WAF\n Trading: Amtlicher Markt (Prime Standard),\n \n \n Frankfurter Wertpapierbörse\n Contact:\n Verena Stütze\n \n \n Head of Investor Relations & Communications\n \n \n Tel.: +49 (0)89 8564 3133\n \n \n Email: [email protected] Information\n This adhoc announcement contains statements related to our future business and financial performance and future events or developments involving Siltronic that may constitute forward-looking statements. These statements may be identified by words such as \"expect,\" \"look forward to,\" \"anticipate\" \"intend,\" \"plan,\" \"believe,\" \"seek,\" \"estimate,\" \"will,\" \"project\" or words of similar meaning. Such statements are based on the current expectations and certain assumptions of the Siltronic-management, of which many are beyond the control of Siltronic. These are subject to a number of risks, uncertainties and factors. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Siltronic may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siltronic neither intends, nor assumes any obligation, to update or...