- Subscribe press releases
- Search press releases
- Press contacts
- Facts & figures
- Press kit download
- Latest Tweets
Darmstadt, Germany, 3/11/2011
Software AG’s executive board and supervisory board will recommend a 2010 dividend payment of €1.30 per share (previous year: €1.15) at the Annual Shareholders’ Meeting on May 5, 2011. Treasury shares are not entitled to a dividend. This should result in total a pay-out of €37.0 million (2009: €32.6 million) based on the current number of 28.4 million shares entitled to a dividend. Furthermore, the executive board and supervisory board will recommend a reclassification of the equity capital by a share split in the ratio of 1:3.
For fiscal year 2010, Software AG reported a revenue increase of 32 percent, earnings up by 25 percent and a free cash flow increase of 16 percent. This pleasing growth in net income and cash flow has allowed the company to again increase its dividend while simultaneously reducing its net debt position.
The dividend of €1.30 per share for fiscal 2010 is consistent with the sustainable growth strategy of Software AG. This includes a continuous dividend policy in line with the development of net income and cash flow on one hand and the financing of acquisitions through cash, in order to increase the earnings per share, on the other.
In addition, the executive board and supervisory board will submit a share split ,in the ratio of 1:3, for approval at the Annual Shareholders’ Meeting. Thereby, shareholders will receive three shares for each current Software AG share. The percentage of individual ownership in Software AG does not change. As a result of a share split in the ratio of 1:3, the equity capital of the company is reclassified to a total of 86,148,183 bearer shares. Accordingly, three non-par shares with a pro-rata portion of the equity capital of €1 will replace one non-par share with a pro-rata portion of the equity capital of €3.
About Software AG
Software AG is the global leader in Business Process Excellence. Our 40 years of innovation include the invention of the first high-performance transactional database, Adabas; the first business process analysis platform, ARIS; and the first B2B server and SOA-based integration platform, webMethods.
We are unique in offering the world’s only end-to-end – and easiest to use – business process management (BPM) solutions, with the lowest Total-Cost-of-Ownership. Our industry-leading brands, ARIS, webMethods, Adabas, Natural and IDS Scheer Consulting, represent a unique portfolio for: process strategy, design, integration and control; SOA-based integration and data management; process-driven SAP implementation; and strategic process consulting and services.
Software AG had revenues of €1.1 billion in 2010 and has more than 5,600 employees serving 10,000 enterprise and public institution customers across 70 countries. Our comprehensive software and services solutions allow companies to continuously achieve their business results faster. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW).
Software AG – Get There Faster
Software AG | Uhlandstraße 12 | 64297 Darmstadt | Germany
Senior Vice President
Investor Relations & Compliance
Tel: +49 (0) 6151-92-1669
Fax: +49 (0) 6151-92-34-1669