At its Annual General Meeting held in person in Amberg, Nabaltec AG received broad shareholder support for its operational direction and corporate strategy. Shareholders approved the joint profit appropriation proposal of the Management Board and Supervisory Board, resolving to distribute a dividend totaling EUR 2.6 million, or EUR 0.29 per share. The remaining distributable profit of EUR 66.6 million will be carried forward to strengthen the company's equity base. The dividend will be paid out on June 29, 2026.
Johannes Heckmann, CEO of Nabaltec AG, expressed appreciation for the strong approval, stating, 'Once again, we have received strong approval from our shareholders for the direction of Nabaltec AG. Against the backdrop of a challenging market environment – particularly in the chemical industry – this vote of confidence is of great importance. We are especially pleased to be able to give our shareholders a share in the company's success, particularly given the overall more cautious dividend policy across the chemicals sector.'
In addition to profit appropriation, shareholders approved the discharge of the Management Board and Supervisory Board, the election of the auditor for the 2026 Financial Year, and various anticipatory resolutions. These include authorization to acquire treasury shares, creation of new authorized capital, and the option to issue convertible bonds and/or bonds with warrants, along with the creation of new contingent capital. The voting results will be available for download from the Investor Relations/Annual General Meeting section of www.nabaltec.de/en.
Nabaltec AG, headquartered in Schwandorf, Germany, is a chemicals company recognized for innovation, manufacturing specialized products based on aluminum hydroxide and aluminum oxide. Its two product segments, 'Functional Fillers' and 'Specialty Aluminas,' serve industries such as plastics, technical ceramics, refractories, and polishing. The company's eco-friendly flame retardant fillers are used in cables for tunnels, airports, high-rise buildings, and electronic devices, while its additives find applications in catalysis and electric vehicles. With production sites in Germany and the US, Nabaltec aims to expand capacity, optimize processes, and extend its product range to achieve market leadership in each segment.
The consistent dividend payout underscores Nabaltec's commitment to shareholder returns despite headwinds in the chemical sector. This move is particularly noteworthy as many chemical companies have adopted more cautious dividend policies. By maintaining the dividend, Nabaltec signals confidence in its financial stability and long-term strategy. The approval of anticipatory resolutions also provides the company with flexibility to pursue growth opportunities through share buybacks or capital increases, aligning with its goal of strengthening market position.
