=------------------------------------------------------------------------------- 
  General meeting information transmitted by euro adhoc with the aim of a 
  Europe-wide distribution. The issuer is responsible for the content of this 
  announcement. 
=------------------------------------------------------------------------------- 
 
07.07.2021 
 
voestalpine Annual General Meeting resolves EUR 0.50 dividend 
 
Despite the economic crisis, voestalpine AG closed its 2020/21 business year 
with a positive result and can once again significantly increase its dividend in 
the current business year. Specifically, a dividend of EUR 0.50 per share was 
resolved for the business year 2020/21 at today's 29th Annual General Meeting. 
This is an increase of EUR 0.30 over the previous year's dividend of EUR 0.20 
per share. The Annual General Meeting, which was again a virtual meeting without 
the physical presence of shareholders, approved the proposal of the Management 
Board and Supervisory Board. The dividend will be transferred on July 19, 2021 
(ex-dividend date: July 15, 2021). 
 
Based on an average voestalpine share price of EUR 24.51 in the business year 
2020/21, the dividend yield for this period is 2.0% (previous year: 0.9%). 
voestalpine AG has consistently distributed a dividend to its shareholders every 
year since going public in 1995, in total EUR 3.2 billion including this year's 
dividend payment. The annual dividend yield over the entire listing period is 
3.5%. 
 
Authorization of the Management Board to repurchase own shares 
 
The Annual General Meeting authorized the Management Board to repurchase own 
shares up to a maximum of 10% of voestalpine AG's share capital. This 
essentially renews the authorization to repurchase own shares granted in 2019, 
which will in part be used to further expand the employee shareholding scheme 
and to cover any convertible bonds. The authorization to repurchase own shares 
is valid for a period of 30 months. The voestalpine Management Board was also 
authorized to dispose of treasury shares in ways other than on the stock 
exchange or via a public offering, and also to redeem own shares and thus to 
reduce the share capital. 
 
20 years of voestalpine employee shareholding scheme: Europe-wide role model 
celebrates 20th anniversary 
 
The voestalpine AG employee shareholding scheme-Austria's largest employee 
participation plan in terms of both voting percentage and share value-celebrates 
its 20th anniversary this year. More than 25,000 employees worldwide are 
shareholders of the steel and technology group, making up 14.8% of the company's 
voting rights. 
 
The voestalpine Group 
 
In its business segments, voestalpine is a globally leading steel and technology 
group with a unique combination of material and processing expertise. 
voestalpine, which operates globally, has around 500 Group companies and 
locations in more than 50 countries on all five continents. It has been listed 
on the Vienna Stock Exchange since 1995. With its top-quality products and 
system solutions, it is a leading partner to the automotive and consumer goods 
industries as well as the aerospace and oil & gas industries; it is also the 
world market leader in railway systems, tool steel, and special sections. 
voestalpine is fully committed to the global climate goals, and its greentec 
steel program represents a clear plan for decarbonizing the production of steel. 
In the business year 2020/21, the Group generated revenue of EUR 11.3 billion, 
with an operating result (EBITDA) of EUR 1.1 billion; it has around 48,700 
employees worldwide. 
 
Please direct your inquiries to: 
voestalpine AG 
Peter Felsbach, MAS 
Head of Group Communications I Spokesman 
 
voestalpine-Strasse 1 
4020 Linz, Austria 
T. +43/50304/15- 2090 
peter.felsbach@voestalpine.com 
www.voestalpine.com [http://www.voestalpine.com/] 
 
 
 
Further inquiry note: 
Peter Fleischer 
Head of Investor Relations 
Phone: +43/50304/15-9949 
Fax:  +43/50304/55-5581 
mailto:peter.fleischer@voestalpine.com 
http://www.voestalpine.com 
 
end of announcement                         euro adhoc 
=-------------------------------------------------------------------------------

(END) Dow Jones Newswires

July 07, 2021 08:17 ET (12:17 GMT)