DGAP-News: A.S. Création Tapeten AG: Annual General Meeting decides strong dividend increase
(firmenpresse) - DGAP-News: A.S. Création Tapeten AG / Key word(s): AGM/EGM
A.S. Création Tapeten AG: Annual General Meeting decides strong
dividend increase
03.05.2013 / 16:58
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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
Inquiries:
Maik Krämer,
Chief Financial Officer,
phone +49-(0)22 61/542-387,
fax +49-(0)22 61/542-304,
e-mail m.kraemer(at)as-creation.de
End of Corporate News
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03.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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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(at)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
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Datum: 03.05.2013 - 16:58 Uhr
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News-ID 256018
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