Continental AG: Continental AG Has Decided to Adjust Proposed Dividend to Annual Shareholders Meeting Taking Place on July 14, 2020 to 3.00 Euro per share
June 03, 2020 at 05:35 am EDT
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DGAP-Ad-hoc: Continental AG / Key word(s): Dividend
Continental AG: Continental AG Has Decided to Adjust Proposed Dividend to Annual Shareholders Meeting Taking Place on July 14, 2020 to 3.00 Euro per share
03-Jun-2020 / 11:28 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.
The Executive Board and the Supervisory Board of Continental AG have decided in their meetings today that they will propose to the Annual Shareholders Meeting taking place on July 14, 2020 the payment of a dividend for the fiscal year 2019 in the amount of 3.00 Euro per share. With this decision, the Company is adjusting the previously announced proposal for the appropriation of net income for the fiscal year 2019 of 4.00 Euro per share.
Contact:
Person making the notification: Bernard Wang, Head of IR
03-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
Continental AG
Vahrenwalder Straße 9
30165 Hannover
Germany
Phone:
+49 (0)511 938-1068
Fax:
+49 (0)511 938-1080
E-mail:
ir@conti.de
Internet:
www.continental-corporation.com/de
ISIN:
DE0005439004
WKN:
543900
Indices:
DAX
Listed:
Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Tradegate Exchange; Luxembourg Stock Exchange, SIX
Continental AG specializes in the design, manufacturing, and marketing of tires and automotive equipment. Net sales break down by family of products as follows:
- automotive systems (49%): basic brakes (No. 1 worldwide), electronic braking circuits (No. 2 worldwide), chassis components, control systems, etc.;
- tires (33.4%): automobile, motorcycle, light, industrial and farm trucks tires, etc.;
- technical elastomers (17.6%): products made of rubber (belts, tubing, and hoses), plastic materials for the automotive, railroad, mining, and similar industries.
Net sales are distributed geographically as follows: Germany (19.1%), Europe (29.4%), North America (26.6%), Asia (20.7%) and others (4.2%).
Continental AG: Continental AG Has Decided to Adjust Proposed Dividend to Annual Shareholders Meeting Taking Place on July 14, 2020 to 3.00 Euro per share
CONTINENTAL AG 
