MUNICH, 23-Feb-2018 — /EuropaWire/ — At the 18th Annual General Meeting, the shareholders of Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) accepted the proposal for the appropriation of net profit made by the Management Board and Supervisory Board: they approved a dividend payment of €0.25 per share. Compared with the last fiscal year, this is an increase of around 14 percent. As a result, a total of almost €283 million will be paid out to the shareholders, who thus participate in the company’s success.
Wolfgang Mayrhuber has resigned from the Supervisory Board effective as of the end of the Annual General Meeting. Dr. Wolfgang Eder, Chief Executive Officer of the Austrian voestalpine AG, was newly elected to the Supervisory Board. At its meeting immediately following the Annual General Meeting, the Supervisory Board unanimously elected Dr. Eckart Sünner, who has been a member of the Supervisory Board since 2007, as its new chairman. “I am delighted about the trust being placed in me. On behalf of the entire Supervisory Board, but also the Management Board, I thank Mr. Mayrhuber for seven successful years at the helm of the Supervisory Board. In view of his outstanding achievements for the company, the Supervisory Board has decided today to appoint Mr. Mayrhuber as Honorary Chairman,” said Dr. Sünner.
All the other proposals put forward by the boards were approved by the shareholders.
Around 2,300 participants attended the shareholders’ meeting today at the International Congress Center Munich. In total, the capital presence was 68.05 percent of Infineon’s share capital.
Detailed information on the 2018 Annual General Meeting of Infineon Technologies AG, including the voting results of the individual items on the agenda, can be found at www.infineon.com/agm.
Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon is the key to a better future. In the 2017 fiscal year (ending 30 September), the Company reported sales of around €7.1 billion with about 37,500 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).
SOURCE: Infineon Technologies AG
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