Lenzing Resolves to Increase Dividends Substantially

Businessn.a. ♦ Published: April 19, 2012; 15:22 ♦ (Vindobona)

The Ordinary Shareholders´ Meeting of Lenzing AG resolved to distribute a dividend of € 2.50 per share for the 2011 fiscal year (compared to € 1.55 per share for the previous fiscal year).

Lenzing Resolves to Increase Dividends Substantially / Picture: © Lenzing

The dividend payment has been scheduled for April 25, 2012, with April 23, 2013 set as the ex-dividend day.

Furthermore, Astrid Skala-Kuhmann was elected to the Supervisory Board for the first time. The lawyer with a doctoral degree in law is considered to be an experienced expert on Asia, and served as the Country Director for China at the local office of the German Society for…