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Software AG Continues Shareholder Friendly Policy by Record Dividend and Share Buy-Back

  • Dividend set to increase to €0.60 (Previous Year: €0.55) per share
  • Share Buy-Back program: up to €100 million to the benefit of shareholders
  • More than three-quarter of Free Cash Flow 2016 will be returned to shareholders

Darmstadt, Germany, 3/15/2017

Software AG’s (FRA: SOW) Management Board and Supervisory Board will propose a further dividend increase to the Annual General Meeting on May 17, 2017 reaching a record high with a dividend proposal of €0.60 per share (PY: €0.55) for fiscal 2016.


After several significant dividend increases over the past years, Software AG’s Management and Supervisory Board have decided to increase the dividend proposal for fiscal 2016 again. A record dividend in the amount of €0.60 per share (PY: €0.55) will be proposed to the Annual General Meeting which will take place on May 17, 2017 in Darmstadt, Germany.

The increase of the dividend reflects the strong growth of the Free Cash Flow in the last fiscal year – an important key figure for the dividend calculation at Software AG. With regard to the year-end share price 2016 (Xetra-closing price as of December 30, 2016: €34.49) this proposal equals a dividend yield of 1.7 percent.

Based on the current 76.1 million shares (PY: 76.2 million) entitled to a dividend, the total payout would significantly increase to around €45.6 million (PY: €41.9 million).

Besides a clear increase of the dividend per share, Software AG’s shareholders benefit from the current share buy-back program, for which Software AG provided up to €100 million. On March 13, 2017, the company’s share buyback via the stock exchange started and will be continued until May 15, 2017 at the latest. Further details on the current share buy-back program can be found on the Software AG’s corporate website under the Investor Relations section.

Software AG’ shareholders highly participate in the successful development of the company through the proposed dividend payment and the current share buy-back program. In total, more than three-quarters of Free Cash Flow of fiscal 2016 in the amount of €187.0 million will be returned to the shareholders. This once again is a clear commitment of Software AG’s Management also to the value oriented shareholder policy.


About Software AG

The digital transformation is changing enterprise IT landscapes from inflexible application silos to modern software platform-driven IT architectures which deliver the openness, speed and agility needed to enable the digital real-time enterprise.


Software AG offers the first end-to-end Digital Business Platform, based on open standards, with integration, process management, in-memory data, adaptive application development, real-time analytics and enterprise architecture management as core building blocks. The modular platform allows users to develop the next generation of application systems to build their digital future, today.


With over 45 years of customer-centric innovation, Software AG is ranked as a leader in many innovative and digital technology categories. Software AG has more than 4,500 employees, is active in 70 countries and had revenues of €872 million in 2016.


Learn more at www.softwareag.com.


Software AG | Uhlandstraße 12 | 64297 Darmstadt | Germany

Detailed press information about Software AG including a picture and multimedia database are available under: www.softwareag.com/press

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Contact:
Software AG
Otmar Winzig
Senior Vice President
Head of Investor Relations
Uhlandstrasse 12
64297 Darmstadt
Germany
Tel: +49 (0) 6151-92-1669
Fax: +49 (0) 6151-92-34-1669
otmar.winzig@softwareag.com
http://www.softwareag.com
or:
Software AG
Antje Kelbert
Manager Investor Relations
Uhlandstrasse 12
64297 Darmstadt
Germany
Tel: +49 6151 92 1899
Fax: +49 6151 92 34 1899
Antje.Kelbert@softwareag.com
http://www.softwareag.com