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DGAP-News: SolarWorld AG: Annual General Meeting of SolarWorld AG decides to increased dividend of 0.16 €


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System approved for executive compensation – Large Majority of other agenda items
The approximately 1,000 shareholders present and Shareholder representatives at today’s eleventh Annual General Meeting of SolarWorld AG in Bonn all agenda items by a large majority and agreed to relieve the Board and the Supervisory Board. ‘The Shareholders have so yet again with their great satisfaction Management terms, "said Dr. Claus Recktenwald, Chairman of SolarWorld AG. ‘Executive Board and especially the staff at the Solar World locations worldwide in fiscal year 2009 very good Work done and so the successful business development of SolarWorld shaping. "
SolarWorld AG was in fiscal 2009 first time to exceed the billion and its Strengthened international position as a quality manufacturer. As had signs of strong future ability of the Company Board Members at Annual General Meeting one to 0.16 (previous year: 0.15) € increased dividend is proposed. Payment is made on 21 May 2010. This makes the shareholders for the tenth consecutive year on Success of the company involved. Most of the profit is in the Retained earnings. Frank H. Asbeck, Chairman of the Board SolarWorld AG: ‘This will strengthen the capital base of the Group sustainable basis and securing a solid base for our global growth as the quality brand of solar power technology. "
was also approved by an overwhelming majority of the system for Executive compensation. This agenda item was the administrative requirements of the new law on the appropriateness of executive compensation followed. Already in the previous year the shareholders of SolarWorld AG, a sign for a reasonable amount of executive pay in Germany set: The shareholders had at the AGM in May 2009 a limit on executive compensation approved. The Supervisory Board Chairman Dr. Claus Recktenwald: ‘Furthermore, we are the first and only Aktiengesellschaft in Germany, in which directors, supervisors and Annual General Meeting of the cap on executive compensation agreement have become. So that our bodies are significantly closer together than the new Appropriateness of executive compensation law it claims. "
About SolarWorld AG: The SolarWorld Group (ISIN: DE0005108401) is a leading global provider of high quality brand crystalline solar technology. His strength is the Production Process in solar production. From raw material silicon, on wafers, Cell and module to turn-key solar power system, including Recycling group brings together all of the value chain. Central Business is the sale of quality modules to the stores and crystalline wafers to the international solar industry. The Corporate headquarters is in Bonn. Production locations are Germany, USA and South Korea. The largest production facilities maintained by the Group in Freiberg, Germany, and Hillsboro, USA. Sustainability is based on the Group strategy. Under the name of the group promotes Solar2World aid projects in Emerging and developing countries with network-independent Solar power solutions that set an example for sustainable economic Development. Worldwide Solar World employs more than 2,700 People. SolarWorld AG has been listed since 1999 and now under the technology index TecDAX, ÖkoDAX, Dow Jones STOXX 600 as well as in the sustainability indices DAXglobal Alternative Energy and NAI listed.
Investor Relations: Phone: 0228/55920-470, fax no.: 0228/55920-9470, E-mail: placement@solarworld.de Press: phone number: 0228/55920-400, E-mail: press@solarworld.de Internet: www.solarworld.de
20.05.2010 18:07 Ad-hoc reports, financial news and Press releases transmitted by DGAP. Media Library under http://www.dgap-medientreff.de and http://www.dgap.de
Language: German Company: SolarWorld AG
Martin-Luther-King-Strasse 24
53175 Bonn
Germany Phone: +49 (0) 228-559 20 470 Fax: +49 (0) 228-559 20 99 E-mail: placement@solarworld.de Internet: www.solarworld.de ISIN: DE0005108401 WKN: 510 840 Indices: TecDAX Listed: Regulated Market in Frankfurt (Prime Standard), Düsseldorf;
Unofficial Market in Berlin, Munich, Hamburg, Stuttgart;
Derivatives exchange EUREX
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