We use cookies and similar technologies on this website ("Cookies"). In order to allow their use to analyze website usage and to enhance functionality, please click on “Accept”. To change the settings and select which specific Cookies we are allowed to use, or to obtain more detailed information, please click on “Details”.

Details

Deny

Accept

Below, you can activate/deactivate the individual technologies that are used on this website.
Consent to all
Required

These Cookies make a website usable by providing basic functions such as page navigation, language settings, and access to protected areas. As the website is unable to function properly without them, you cannot opt out of this kind of Cookies.

Functionality

These Cookies help us to improve the functionality and attractiveness of our websites, and your user experience by saving, for example, your settings, and selections as well as filters, and to recognize your device on subsequent visits.

Analysis

These Cookies allow us, and the service providers (e.g. Google via the Google Analytics service) to collect and analyze information and statistics about your interaction with our website. This helps to optimize our website using the findings obtained.

Ad-hoc

Dürr plans to issue bonus shares

Dürr AG - WKN 556520 / ISIN DE0005565204

Bietigheim-Bissingen, March 21, 2018 – Dürr AG is proposing to its shareholders to issue bonus shares in a ratio of 1:1. This measure is intended to enhance the liquidity of Dürr stock and make it even more attractive to investors. The proposed resolution will be submitted at the annual general meeting on May 9, 2018. Under this proposal, the company's capital stock, currently € 88.6 million, is to be doubled to € 177.2 million by way of a capital increase from company funds. In this process, capital reserves are to be converted into subscribed capital. The level of equity totaling € 903.7 million (as at December 31, 2017) will remain unchanged.

As a result of this measure, all shareholders will have the same number of shares they hold additionally credited to their securities accounts. This will not affect the participation ratio of each shareholder. The new shares are entitled to a dividend with retrospective effect as of January 1, 2018.

The Dürr Group is one of the world's leading mechanical and plant engineering firms with outstanding automation expertise. Products, systems and services offered by the Group enable highly efficient manufacturing processes in different industries. Dürr supplies not only the automotive industry but also other sectors such as the mechanical engineering, chemical and pharmaceutical industries, and – since the takeover of HOMAG Group AG in October 2014 – the woodworking industry. Dürr has 92 business locations in 31 countries. With 15,000 employees, the Group generated sales of € 3.57 billion in 2016. The Group operates in the market via five divisions:

  • Paint and Final Assembly Systems: Paint shops and final assembly systems for the automotive industry
  • Application Technology: Robot technology for the automated application of paint, sealants and adhesives
  • Measuring and Process Systems: Balancing and cleaning equipment as well as assembly, testing and filling technology
  • Clean Technology Systems: Exhaust-air purification systems and energy efficiency technology
  • Woodworking Machinery and Systems: Machinery and equipment for the wood-processing industry