Annual Shareholders’ Meeting, held in Berlin on Wednesday, approved highest dividend to-date in history of Daimler AG.
Daimler has decided to set its dividend value at €2.45 per share for the year 2014, versus €2.25 in 2013. The dividend distribution amounts to €2,621 million.
The actions of the members of the Board of Management were ratified with 99.69% of the votes cast, and the actions of the members of the Supervisory Board were ratified with 99.71% of the votes cast.
In addition, the shareholders authorized the issuance of convertible bonds and/or bonds with warrants and a respective conditional capital. This authorization is valid until March 31, 2020 and replaces the existing framework to the same financial extent.
The Annual Shareholders’ Meeting was held for the first time at CityCube Berlin and was attended by approximately 5,000 (2014: 5,500) shareholders. In total, 36.15% of the share capital was represented.
The dividend will be paid out on April 2, 2015 to all shareholders who held Daimler shares on April 1, 2015.