HORNBACH Holding AG & Co. KGaA: Dividend increase for fiscal year 2021/22 proposed
May 09, 2022 at 05:05 am EDT
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DGAP-Ad-hoc: HORNBACH Holding AG & Co. KGaA / Key word(s): Dividend
HORNBACH Holding AG & Co. KGaA: Dividend increase for fiscal year 2021/22 proposed
09-May-2022 / 11:03 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.
HORNBACH Holding AG & Co. KGaA: Dividend increase for fiscal year 2021/22 proposed
Bornheim (Palatinate), Germany, May 9, 2022.
At a meeting today, the Board of Management of HORNBACH Management AG, which is the general partner of HORNBACH Holding AG & Co. KGaA (ISIN: DE0006083405), decided to propose to the Supervisory Board of HORNBACH Holding AG & Co. KGaA that for the fiscal year 2021/22, the dividend should be increased to EUR 2.40 per no-par ordinary share entitled to dividends (fiscal year 2020/21: EUR 2.00).
Subject to the approval of the Supervisory Board in its meeting to adopt the financial statements on May 12, 2022, the proposal for the dividend will be submitted to the Annual General Meeting on July 8, 2022 for resolution on the appropriation of profit.
The final figures and all details on the development of results for the fiscal year 2021/22 will be published on May 17, 2022.
Contact
Antje Kelbert
Head of Communications and Investor Relations
Phone: +49 (0) 6348 / 60 2444
Email: antje.kelbert@hornbach.com
09-May-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
HORNBACH Holding AG & Co. KGaA
Hornbachstraße 11
76879 Bornheim
Germany
ISIN:
DE0006083405
WKN:
608340
Indices:
SDAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
Hornbach Holding AG & Co. KGaA, formerly Hornbach Holding AG, is a Germany-based holding company of the Hornbach Group. Through its subsidiaries, the Company is mainly engaged in the building trade, building component manufacture and construction industries. Its subsidiaries include Hornbach Baumarkt AG, a majority owned subsidiary which operates do-it-yourself (DIY) megastores and garden centers; Hornbach Baustoff Union GmbH, a wholly owned subsidiary which is active in the builders? merchants business and sells construction materials; and Hornbach Immobilien AG, a wholly owned subsidiary that owns the real estate portfolio of the retail properties used by the Hornbach Group's operating units. The Company is active in Europe in Germany, Austria, Netherlands, the Czech Republic, Luxembourg, Switzerland, Sweden, Slovakia, Romania and France.