HeidelbergCement Annual General Meeting approves higher dividend and appoints new members of the Supervisory Board

HeidelbergCement held its 133rd Annual General Meeting today - for the third time in a row in virtual form. Dr Dominik von Achten, Chairman of the Managing Board, said with regard to the previous financial year: "2021 was a very good year for HeidelbergCement. We achieved excellent results in all important key figures. Our shareholders will of course benefit from this in the form of a further increase in the dividend." 

For the 2021 financial year, the shareholders of HeidelbergCement will receive a dividend of €2.40 per share (previous year: €2.20). Total distribution amounts to around €458 million. The dividend will be paid on 17 May 2022. With a dividend yield of 4.0%, HeidelbergCement belongs to the DivDAX share index, which lists the 15 companies with the highest dividend yields in the DAX 40.

Following his election to the Supervisory Board by the Annual General Meeting today, the Supervisory Board also appointed Dr Bernd Scheifele (64) as its new Chairman. Dr Scheifele takes over from Fritz-Jürgen Heckmann, who resigned from the Supervisory Board at the end of today's Annual General Meeting. Dr Dominik von Achten thanked Fritz-Jürgen Heckmann for his extraordinary services during his 17 years as Chairman of the Supervisory Board and praised the long-standing relationship of trust. Mr Heckmann had already announced before his election to the Supervisory Board by the 2019 Annual General Meeting that he would resign from the Supervisory Board at the end of the 2022 Annual General Meeting.

Dr Sopna Sury (47), Chief Operating Officer Hydrogen at RWE Generation SE, was also newly appointed to the Supervisory Board. Tobias Merckle, on the other hand, left the Supervisory Board, also resigning from his mandate at the end of today's Annual General Meeting. He had been a member of the Board since 2006.

More than 800 people took part in the virtual event, which was streamed from the headquarters in Heidelberg. 184 questions had been submitted (previous year: 309). After Fritz-Jürgen Heckmann, Dr Dominik von Achten, and Chief Financial Officer René Aldach had answered them in detail, the Annual General Meeting expressed its confidence in the members of the Supervisory Board and Managing Board of HeidelbergCement AG for the financial year 2021 with a large majority and discharged them. At the time of the voting, around 145.0 million shares were represented, corresponding to 75,11% of the approximately 193.1 million shares issued.

You can find the detailed voting results on the Annual General Meeting 2022 page

About HeidelbergCement

HeidelbergCement is one of the world’s largest integrated manufacturers of building materials and solutions, with leading market positions in aggregates, cement, and ready-mixed concrete. More than 51,000 employees at nearly 3,000 locations in over 50 countries deliver long-term financial performance through operational excellence and openness for change. At the center of actions lies the responsibility for the environment. As forerunner on the path to carbon neutrality, HeidelbergCement crafts material solutions for the future.

Christoph Beumelburg

Group Spokesman, Director Group Communication & Investor Relations

HeidelbergCement Headquarters Berliner Straße 6
69120 Heidelberg (Germany)