Annual General Meeting of SolarWorld AG decides to issue dividend of 0.09 euros24-05-12
The ordinary Annual General Meeting of SolarWorld AG in Bonn was attended by about 750 shareholders and shareholders’ representatives. They consented to all agenda items and a significant majority granted approval of the acts of the Management and Supervisory Boards.
In order to maintain dividend continuity, the Management and Supervisory Boards proposed to the Annual General Meeting that € 0.09 (2010: € 0.19) be paid per no-par value share entitled to dividends. The Annual General Meeting approved the dividend payout. As a result, the dividend shall be issued on May 25, 2012 for the twelfth consecutive year.
The full agenda at this year's Annual General Meeting made for a tight schedule. As a result of the current competitive situation, the open debate featured a lively discussion. Dr.-Ing. E. h. Frank Asbeck, SolarWorld AG CEO commented this as follows: “Now more than ever, we value direct contact with our shareholders at the Annual General Meeting highly.”
About SolarWorld AG: The SolarWorld AG Group (ISIN: DE0005108401) is a worldwide leader in offering brand-name, high quality, crystalline solar-power technology. Its strength is its fully integrated solar production. From silicon as the raw material through wafers, cells and modules all the way to turn-key solar systems of all sizes, the group combines all stages of the solar value chain. The central business activity is selling quality modules into the installation and distribution trades and crystalline wafers to the international solar cell industry. Group headquarters are located in Bonn, Germany, with sales sites in Singapore, South Africa, Spain, France as well as in the U.S. state of California. The group´s largest production facilities operate in Freiberg, Germany and Hillsboro in the U.S. state of Oregon. Sustainability is the basis of the group strategy. Under the name Solar2World, the group supports care projects using off-grid solar-power solutions in developing countries, exemplifying sustainable economic development. Worldwide, SolarWorld employs about 3,300 people. SolarWorld AG has been quoted on the stock exchange since 1999 and today is listed on, among others, the TecDAX and ÖkoDAX as well as in the sustainability index NAI.