BERLIN (dpa-AFX) - German media holding company Axel Springer SE (AXELF.PK) said that its Annual General Meeting decided on 26 April 2017 to pay an increased dividend of 1.90 euros per share for the financial year 2016, compared to 1.80 euros paid last year. The dividends payout thus rose from 194.2 million euros to 205.0 million euros.
Mathias Döpfner, CEO of Axel Springer said, 'In 2017, we are focusing on profitable growth and the further expansion of our position as Europe's leading digital publisher.'
The Annual General Meeting elected Bill Ford as a member of the Axel Springer Supervisory Board. The CEO of General Atlantic had been appointed by court order with effect from 29 August 2016 and succeeded Professor Dr Wolf Lepenies.
Copyright RTT News/dpa-AFX