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11:22 | 30.03.2009
DJ DGAP-Adhoc: HOMAG Group AG plans to distribute dividend of EUR 0.30 per share
DJ DGAP-Adhoc: HOMAG Group AG plans to distribute dividend of EUR 0.30 per share
Homag Group AG / Dividend
30.03.2009
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Schopfloch, March 30, 2009. At its meeting today to ratify the Company's
annual financial statements, the supervisory board of HOMAG Group AG
approved a resolution of the management board to propose a dividend of EUR
0.30 per share at the annual general meeting on May 27, 2009 (dividend for
2007: EUR 0.90).
The management board explained that this dividend proposal strikes a
balance between an appropriate dividend without, however, losing sight of
the current difficult market environment and the need to secure sufficient
liquidity to allow room for maneuver in the event of acquisition
opportunities.
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Information and Explaination of the Issuer to this News:
Background information
With its 16 production companies worldwide, 21 group-owned sales and
service companies and approximately 60 exclusive sales partners, HOMAG
Group AG's market position is excellent and its portfolio as a
comprehensive system supplier and technology partner makes it unique.
Backed by a workforce of more than 5,300 employees, the Company sees itself
as the leading global manufacturer for plant and machinery for the
woodworking industry for the production of furniture and construction
elements as well as prefabricated houses. The group also offers its
customers a wide range of services in related areas for production machines
and equipment. HOMAG Group AG shares have been trading on the Prime
Standard of the Frankfurt Stock Exchange since July 13, 2007 and were
listed on the SDAX of the German Stock Exchange on October 2007.
Weitere Informationen:
HOMAG Group AG
Investor Relations
Simone Müller
Tel.: +49 7443 13-2034
simone.mueller@homag-group.de
www.homag-group.de
30.03.2009 Financial News transmitted by DGAP
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Language: English
Issuer: Homag Group AG
Homagstr. 3-5
72296 Schopfloch
Deutschland
Phone: +49 (0)7443 / 13 - 0
Fax: +49 (0)7443 / 13 - 2300
E-mail: info@homag-group.de
Internet: www.homag-group.de
ISIN: DE0005297204
WKN: 529720
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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(END) Dow Jones Newswires March 30, 2009 05:22 ET (09:22 GMT) |
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