Sartorius Stedim Biotech SA / Key word(s): Dividend Board of Directors of Sartorius Stedim Biotech resolves to propose dividend of 0.69 euros per share to Annual Shareholders’ Meeting 07-Feb-2025 / 15:57 CET/CEST Aubagne, February 7, 2025 Board of Directors of Sartorius Stedim Biotech resolves to propose dividend of 0.69 euros per share to Annual Shareholders’ Meeting
The Board of Directors of Sartorius Stedim Biotech S.A. resolved at its meeting to submit a proposal to the combined Annual Shareholders’ Meeting on March 25, 2025, to pay a dividend of 0.69 euros per share for fiscal 2024, the same amount as for the previous year. If approved, the total distributed profit would be 67.1 million euros. The dividend will be paid as from April 4, 2025. The Board of Directors also approved the decision to submit to the Annual Shareholders’ Meeting the 2024 results of Sartorius Stedim Biotech which had already been published on a preliminary basis on January 28, 2025. While the mandate of one member of the Board of Directors will expire at the closing of the 2025 Annual Shareholders’ Meeting, the Board decided upon proposal of the Remuneration and Nomination Committee to suggest Cécile Dussart and Christopher Nowers to the Annual Shareholders’ Meeting as new Board candidates. Doctor of Pharmacy Cécile Dussart serves as a Board Member and ESG committee chair of CDMO and API provider EuroAPI S.A. and is a member of the Advisory Commitee at the talent intelligence platform Neobrain. Prior, she held various management positions at the Swiss listed dermatology group Galderma and at the pharmaceutical companies Roche and Sanofi. Biochemist Christopher Nowers, CEO of the cell therapy company ONK Therapeutics, held several senior leadership roles in the biopharma industry including Kite Pharma, Bristol-Myers Squibb, and Amgen. He is also a member of the Advisory Board at CAR T cell company Autolus Therapeutics. The following four members will be proposed to the AGM for renewal: Pascale Boissel, René Fáber, Lothar Kappich and Joachim Kreuzburg. Henri Riey, member of the Board since 2007 will no longer be available for a further term and will retire from the Board at the end of the Annual Shareholders’ Meeting. Already at this point, the Board would like to thank him very much for his valuable contributions and expertise that he brought to the company during his many years of service. This media release contains forward-looking statements about the future development of the Sartorius Stedim Biotech Group. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Sartorius Stedim Biotech assumes no liability for updating such statements in light of new information or future events. Sartorius Stedim Biotech shall not assume any liability for the correctness of this release. The original French press release is the legally binding version. A profile of Sartorius Stedim Biotech Visit our Newsroom and follow us on LinkedIn. Contact Attachment File: 20250207_SSB_PM_Dividend_proposal_en Dissemination of a Financial Wire News, transmitted by EQS Group. |
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