Hanseatisches Oberlandesgericht

EQS-News: Ernst Russ AG: 71 % of Ernst Russ shareholders opt for stock dividend

Retrieved on: 
Monday, June 5, 2023

Hamburg, 5 June 2023 - Ernst Russ AG offered its shareholders a stock dividend for the first time for the 2022 financial year.

Key Points: 
  • Hamburg, 5 June 2023 - Ernst Russ AG offered its shareholders a stock dividend for the first time for the 2022 financial year.
  • Overall, shareholders with around 71% of the shares entitled to dividends opted to receive their dividend in shares, leaving around EUR 4.6 million in the company and strengthening the equity of Ernst Russ AG.
  • With this high acceptance rate, the shareholders confirm the strategic orientation of Ernst Russ AG and underline their long-term confidence in the further development of the company.
  • Based on the acceptance rate, 1,066,256 new shares will be issued, increasing the total number of Ernst Russ shares by approximately 3.3 % to 33,500,286 shares.