Borussia Dortmund announces dividends, new board chair

Published 26/11/2024, 08:08
Borussia Dortmund announces dividends, new board chair
BVB
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DORTMUND, Germany - Borussia Dortmund GmbH & Co. KGaA shareholders approved a dividend payment and elected a new Supervisory Board during the company's Annual General Meeting held on Monday. The meeting resulted in the distribution of a €0.06 per share dividend and the appointment of Silke Seidel as the new Chairwoman of the Supervisory Board.

The company, listed on the SDAX index, announced that from the net retained profits of €37,857,162.45 for the fiscal year 2023/2024, €6,622,639.20 would be allocated for the dividend distribution to shareholders. The remaining €31,234,523.25 is to be transferred to other revenue reserves.

Additionally, the Annual General Meeting marked a change in the Supervisory Board's composition. Christian Schmid and Michael Zorc were elected as new members, while Judith Dommermuth, Matthias Bäumer, Bernd Geske, Dr. Reinhold Lunow, Ulrich Leitermann, and Prof. Dr. Bernhard Pellens were re-elected. Departing members Christian Kullmann and Bodo Löttgen were acknowledged for their service.

Following the meeting, the Supervisory Board elected Seidel as its Chairwoman. Leitermann was named again as Deputy Chairman. The Audit Committee saw the re-election of Seidel, Leitermann, and Pellens, with Pellens continuing as the Committee's Chairman and Leitermann as Deputy Chairman.

The company confirmed that all agenda items presented at the Annual General Meeting received approval. Detailed voting results have been made available on Borussia Dortmund's official website.

The information in this article is based on a press release statement from Borussia Dortmund GmbH & Co. KGaA.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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