Balda AG Announces Management Changes; Approves Special Dividend for Fiscal 2013
April 03, 2013 at 01:44 pm EDT
Balda AG announced that the extra ordinary general meeting held to replace its three-member Supervisory Board with the removal of the Supervisory Board Chairman, Dr. Michael Naschke, and the election of rival candidates for the Supervisory Board members Irene Schetelig and Wilfried Niemann.
The board also approved the proposal to pay a special dividend of EUR 1.50 for the current financial year 2012/2013.