Pfeiffer Vacuum Technology AG: Higher investments induce Management Board and Supervisory Board to proposing to Annual General Meeting a dividend payout of EUR 2.00 per share
Pfeiffer Vacuum Technology AG / Key word(s): Dividend
Asslar, March 7, 2018. The Management Board and Supervisory Board of Pfeiffer Vacuum Technology AG (Pfeiffer Vacuum) have decided upon a new, strategy supporting three year investment plan, providing for significantly increased annual investments with a total volume of EUR 150 million. A material higher share of the profits will be used to finance further growth in order to strengthen the technological leadership and competitiveness of Pfeiffer Vacuum. These include, in particular investments in the expansion and modernization of production capacities, intensification of research and development, fostering of industry 4.0 efforts as well as the expansion of the Group's global footprint in Asia as a whole and China in particular.
The decision on the distribution of dividends is reserved for the Annual General Meeting.
Pfeiffer Vacuum Technology AG
T +49 6441 802 1346
F +49 6441 802 1365
|Company:||Pfeiffer Vacuum Technology AG|
|Berliner Str. 43|
|Phone:||+49 6441 802-0|
|Fax:||+49 6441 802-1365|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|End of Announcement||DGAP News Service|