Notice of Dividend Amount • Feb 22, 2007
Notice of Dividend Amount
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 22 February 2007 08:33
BASF AG: BASF plans to increase cash returned to shareholders
BASF AG / Dividend
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.
The Board of Executive Directors of BASF Aktiengesellschaft today (February
22, 2007) decided to propose to the Annual Meeting on April 26, 2007 to
increase the dividend for 2006 by €1.00 to €3.00 per share. The decision is
subject to approval by the company’s Supervisory Board in its meeting on
February 27, 2007.
On the basis of the number of qualifying shares as of December 31, 2006,
this would correspond to a total dividend payment of approximately €1.5
billion. Relative to the 2006 year-end share price of €73.85, BASF
shareholders will thus receive a dividend yield of 4.1 percent. If the
proposal is approved by the Annual Meeting, the dividend will be paid out
on April 27, 2007.
The Board of Executive Directors of BASF Aktiengesellschaft also resolved
to buy back shares for a total of €3 billion in 2007 and 2008. The share
buyback is subject to the appropriate authorizations by the Annual Meeting.
Michael Grabicki
Phone: +49 621 60-99938
Fax:+49 621 60-92693
[email protected]
Language: English
Issuer: BASF AG
Carl-Bosch-Straße 38
67056 Ludwigshafen Deutschland
Phone: +49 (0)621 60-0
Fax: +49 (0)621 60-4 25 25
E-mail: [email protected]
WWW: www.basf.com
ISIN: DE0005151005, DE000A0JRFB0, Börse Dublin, Frankfurter Wertpapierbörse, , DE000A0JRFA2, Börse Dublin, Frankfurter Wertpapierbörse, , DE000A0JQF26, Börse Dublin, Frankfurter Wertpapierbörse, , DE000A0EUB86, Frankfurter Wertpapierbörse, , DE0008846718, Frankfurter Wertpapierbörse,
WKN: 515 100, WKN A0JRFB, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0JRFA, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0JQF2, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0EUB8, Frankfurter Wertpapierbörse, , WKN 884671, Frankfurter Wertpapierbörse,
Indices: DAX, EURO STOXX 50
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Hannover, München, Hamburg, Düsseldorf, SWX, Stuttgart;
Terminbörse EUREX; Foreign Exchange(s) London, NYSE
End of News DGAP News-Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.