01-Jun-2006 10:19 AM
Frapot shareholders to receive dividend of 90 Euro cents FY05
Analysis
Frankfurt (FRAPORT) - Fraport AG's fifth regular annual general meeting (AGM)
agreed to the recommendation of the executive and supervisory boards to
increase the dividend payment for 2005 to 90 euro cents per share.
Fraport paid out 75 euro cents per share for fiscal year 2004. Held at
the Jahrhunderthalle in Frankfurt-Höchst, Germany, the AGM officially
ended at approximately 19:25 today. A total of 1,710 shareholders and
shareholder representatives attended the AGM.
The actions of Fraport's executive board and supervisory board were both ratified with 99.99 percent of the votes. The AGM was chaired by Karlheinz Weimar, the Hesse minister of finance and Fraport's supervisory board chairman. Dr. Wilhelm Bender, Fraport's executive board chairman, presented the results for fiscal year 2005 and the business outlook for 2006.
Fraport is a CAPA Member. For more information on the Centre for Asia Pacific Aviation's membership service, please click the icon below.
Fraport is a CAPA Member. For more information on the Centre for Asia Pacific Aviation's membership service, please click the icon below.
