Refile: BRIEF-Pfeiffer Vacuum Technology To Propose Dividend Of EUR 0.11 Per Share

Pfeiffer Vacuum Technology AG

22/02/2023 15:15

(Adds currency in the headline)
       Feb 22 (Reuters) - PFEIFFER VACUUM TECHNOLOGY AG
 PV.DE :
    * PFEIFFER VACUUM TECHNOLOGY AG: PFEIFFER VACUUM TECHNOLOGY
AG
ANNOUNCES DIVIDEND PROPOSAL AND 2023 EXPECTED CAPITAL
EXPENDITURES
    * PFEIFFER VACUUM - MANAGEMENT BOARD OF PFEIFFER VACUUM
TECHNOLOGY
AG ("PFEIFFER VACUUM") TODAY DECIDED TO PROPOSE A DIVIDEND OF
EUR 0.11 PER SHARE TO SUPERVISORY BOARD AND ANNUAL GENERAL
MEETING
    * PFEIFFER VACUUM - DECISION REFLECTS A TOTAL PAYOUT OF
ABOUT EUR
1.1 MILLION (PREVIOUS YEAR: EUR 4.08 DIVIDEND; TOTAL PAYOUT OF
EUR 40.3 MILLION)
    * PFEIFFER VACUUM - DECISION TO DECREASE PROPOSED DIVIDEND
COMPARED TO PREVIOUS YEAR WAS MADE AGAINST BACKGROUND OF
INCREASED CAPITAL EXPENDITURES IN FY 2022 AND 2023
    * PFEIFFER VACUUM - CAPITAL EXPENDITURES DURING FISCAL YEAR
2022
AMOUNTED TO EUR 80.8 MILLION (FISCAL YEAR 2021: EUR 41.6
MILLION)
    * PFEIFFER VACUUM - FOR FISCAL YEAR 2023, ADDITIONAL CAPITAL
EXPENDITURES OF ABOUT EUR 100 MILLION ARE EXPECTED

Further company coverage:  PV.DE 
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