Business News

Axel Springer shareholders receive new record dividend of EUR 4.80

Friday 15. April 2011 - 3-for-1 stock split decided

Dr. Nicola Leibinger-Kammüller confirmed as new member of supervisory board
The Annual General Meeting of Axel Springer AG agreed in Berlin on 14th April 2011 with the suggestion made by the supervisory board and board of directors to use a sum amounting to EUR 157,344,000 from the balance sheet profit of EUR 158,304,000 for the payment of a dividend for the 2010 fiscal year and to transfer the remaining sum of EUR 960,000 into retained income. This corresponds to a new record dividend of EUR 4.80 per dividend-bearing share (previous year EUR 4.40).
In addition, the shareholders approved a 3-for-1 stock split. Each no-par value share with a nominal value of EUR 3.00 will be split into three no-par value shares with a nominal value of EUR 1.00. “With the share split, we want to further increase the trading volume and attractiveness of the shares and thus make them even more interesting for investors”, explained Dr. Mathias Döpfner, Chief Executive Officer of Axel Springer AG, at the Annual General Meeting.
The meeting confirmed Dr. Nicola Leibinger-Kammüller as a new member of the supervisory board. She had been already appointed to the supervisory board in July 2010, after the resignation of Brian M. Powers. Dr. Nicola Leibinger-Kammüller has been Chair of the Managing Board of TRUMPF GmbH + Co. KG since 2005 and also Managing Director of the Berthold Leibinger Foundation since 1992.