Darmstadt (pta/03.03.2023/19:35 UTC+1)
The Management Board of Software AG plans to submit a dividend proposal of €0.05 per share to this year's Annual Shareholders' Meeting, which resolves the appropriation of profits for fiscal year 2022.
With that amount, Software AG returns to its payout range of 30-40% of averaged group net income and free cash flow.
The proposal also reflects our approach to overall capital allocation aimed to strengthen the long-term profitability and financial position of the company. Software AG remains committed to working towards higher shareholder returns once free cash flow increases.
Darmstadt, March 03, 2023
The Management Board
Person making the notification:
Director, Investor Relations
T: +49 6151 92-1040
|Contact Person:||Investor Relations|
|Phone:||+49 615192 1900|
|Stock Exchange(s):||Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Hannover, Munich, Stuttgart, Tradegate|