Andritz AG Annual General Meeting approves substantial dividend increase
Mar 30, 2011. 104th Annual General Meeting of Shareholders of Andritz AG agreed to a dividend payment of Euro 1.70 per share for the 2010 business year, which is an increase of 70% compared to the dividend for the 2009 business year (Euro 1.00 per share). Ex-dividend date is March 31, 2011, the date of dividend payment April 4, 2011.
Mar 30, 2011. /Lesprom Network/. 104th Annual General Meeting of Shareholders of Andritz AG agreed to a dividend payment of Euro 1.70 per share for the 2010 business year, which is an increase of 70% compared to the dividend for the 2009 business year (Euro 1.00 per share). Ex-dividend date is March 31, 2011, the date of dividend payment April 4, 2011, as the company said in a press release received by Lesprom Network.
Klaus Ritter, who has been a member of the Andritz AG Supervisory Board since 2004, was reappointed to the Supervisory Board of Andritz AG.
The Andritz Group is a globally leading supplier of plants and services for the hydropower, pulp and paper, metals, and other specialized industries (solid/liquid separation, feed and biofuel).