Public disclosure of inside information according to article 17 MAR
Software AG: Software AG proposes a dividend of €0.05 per share for fiscal year 2022
Darmstadt (pta034/03.03.2023/19:35 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
Software AG
The Management Board
Person making the notification:
Robert Hildebrandt
Director, Investor Relations
E: robert.hildebrandt@softwareag.com
T: +49 6151 92-1040
(end)
Emitter: |
Software AG Uhlandstraße 12 64297 Darmstadt Germany |
|
---|---|---|
Contact Person: | Investor Relations | |
Phone: | +49 615192 1900 | |
E-Mail: | Investor.Relations@softwareag.com | |
Website: | www.softwareag.com | |
ISIN(s): | DE000A2GS401 (Share) | |
Stock Exchange(s): | Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Hannover, Munich, Stuttgart, Tradegate |