SAP Annual General Meeting Approves All Management Proposals by an Overwhelming Majority

03.06.08 - 22:16 ... source : SAP Canada

... Business Objects Founder Bernard Liautaud Elected to Supervisory Board WALLDORF, Germany - June 03, 2008 - SAP AG (NYSE: SAP) today announced that all of the agenda items at its annual general shareholder meeting on June 3 were approved by an overwhelming majority. For fiscal year 2007, shareholders will receive a dividend of €0.50 per ordinary share. This is a 9 percent increase over the previous year's dividend. For 2007, SAP will pay out a total of approximately €594 million (previous year: €556 million), which equates to a dividend payout ratio of approximately 31 percent of SAP's net income. Payment of the dividend is scheduled with effect from June 4, 2008.Further, the annual general meeting of shareholders elected Bernard Liautaud to the Supervisory Board. Bernard Liautaud was a co-founder of Business Objects S.A. in 1990. Under his leadership as Chairman and Chief E ...» Next (HTML)