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
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

07-March-2018 / 15:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



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.


Contact:
Pfeiffer Vacuum Technology AG
Investor Relations
Dinah Reiss
T +49 6441 802 1346
F +49 6441 802 1365
Dinah.Reiss@pfeiffer-vacuum.de

 

07-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this
How do you rate this page?
 

Recommend this page!
Social Networks:

This website uses cookies to ensure you get the best experience on our website. More info