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ATOSS Software AG — AGM Information 2013
Apr 26, 2013
38_rns_2013-04-26_f571b566-bd56-41a1-8f7a-98a18295ce38.html
AGM Information
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Corporate | 26 April 2013 13:17
ATOSS Software AG: Dividend payment of EUR 3.62 per share approved
ATOSS Software AG / Key word(s): AGM/EGM
26.04.2013 / 13:17
Munich, 26.04.2013 – Shareholders at today’s annual general meeting of ATOSS Software AG approved all of the proposals put forward by the management. The combined dividend and surplus amounting to EUR 3.62 will be paid out on April 29, 2013.
In 2003 ATOSS announced a dividend policy under which company shareholders are awarded a substantial stake in the company’s success. Since then around 50 percent of the company’s earnings per share have been distributed as a dividend. In continuation of this procedure, the dividend for financial year 2012, which was today approved by a large majority, amounted to EUR 0.72 per share. In addition, a special distribution of EUR 2.90 per share was also approved.
Based on the closing price of ATOSS shares at the end of 2012, the dividend yield stands at 17.2 percent (previous year: 4.3 percent). The cumulative amount paid out to shareholders over the past eleven years including some special payments adds up to EUR 14.79 per share. In addition to substantial growth in the ATOSS share price – well above the development in comparative indices – the annual dividend payments underscore the attraction of a long-term investment in ATOSS Software AG. Even after the payment to shareholders, ATOSS continues to have considerable liquidity at its disposal in the amount of around EUR 10 million as well as strong equity.
Shareholders also by a large majority endorsed the remaining items on the agenda, including the formal discharge of the Management and Supervisory Board members, election of auditors, acquisition and use of treasury stock, new elections to the Supervisory Board and amendments to the articles of association.
The outlook for the company’s continuing development in financial year 2013 remains positive. The Management Board once again expects to see an increase in sales with an EBIT margin in excess of 20 percent.
Upcoming dates:
29.04.2013 Dividend payment
13.05.2013 Publication of the 3-monthly financial statements 22.07.2013 Press release announcing the 6-monthly statements
12.08.2013 Publication of the 6-monthly financial statements
21.10.2013 Press release announcing the 9-monthly statements
11.-13.11.2013 Equity Forum, Frankfurt am Main
15.11.2013 Publication of the 9-monthly financial statements
Further information: http://www.atoss.com/
Contact: ATOSS Software AG
Christof Leiber / Member of the Management Board
Am Moosfeld 3, D-81829 Munich
Tel.: +49 (0) 89 4 27 71 – 0
Fax: +49 (0) 89 4 27 71 – 100
End of Corporate News
26.04.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
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| Language: | English |
| Company: | ATOSS Software AG |
| Am Moosfeld 3 | |
| 81829 München | |
| Germany | |
| Phone: | +49 (0)89 4 27 71-0 |
| Fax: | +49 (0)89 4 27 71-100 |
| E-mail: | [email protected] |
| Internet: | www.atoss.com |
| ISIN: | DE0005104400 |
| WKN: | 510440 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
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| 208716 26.04.2013 |