Brenntag’s annual meeting culminates with a dividend of 2.10 EUR per share

Essen, Germany – Brenntag held its Annual General Meeting on May 23, 2024. The meeting took place as a virtual event.

The Chairs of Supervisory Board and Board of Management presented an overview of the general developments and highlights of the financial year 2023, underlining the company’s resilience despite geopolitical uncertainties and difficult economic conditions. The Management also provided information on the progress of the execution of “Strategy to Win”, the company’s Group and divisional growth strategy that represents the second phase of Brenntag’s comprehensive transformation journey.

With an attendance rate of 82.39%, the Annual General Meeting voted in favor of a dividend of 2.10 EUR per share. Thus, Brenntag has increased its dividend payments each year since its IPO in 2010. The payout ratio is around 42% of the net profit attributable to Brenntag shareholders. More than 303 million EUR will be paid in total.

The Annual General Meeting also approved all motions proposed by the Board of Management and the Supervisory Board by a large majority.