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New – Audi: Management Board and Supervisory Board relieved

New - Audi: Management Board and Supervisory Board relieved

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The four rings have lost considerable shine in the diesel crisis. But now the Audi bosses see again a first silver lining. For the shareholders of the Ingolstadt-based carmaker relieved the Management Board and the Supervisory Board and also approved an increased dividend for 2018.

The shareholders of Volkswagen Aktiengesellschaft followed the proposal of the Management Board and Supervisory Board at the Annual General Meeting and resolved by a majority of 99.98 percent to pay a dividend of € 4.80 (previous year: € 3.90) per ordinary share for the 2018 financial year and 4.86 euros (previous year: 3.96 euros) per preference share. This means that around 2.4 billion euros (previous year: 2.0 billion euros) will be distributed to the shareholders, according to Audi.

The ordinary shareholders postponed the discharge of the former CEO Rupert Stadler for the financial year 2018 due to the ongoing investigations into the diesel issue. All other members of the Management and Supervisory Boards, however, were discharged for the financial year 2018 with a presence of 94.95 percent.

The article "Audi: Management Board and Supervisory Board relieved" was published on 15.05.2019 in the News category by Ralf Loweg with the keywords Automotive, Business, News, released.

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