At today's Annual General Meeting held in Amberg, shareholders of Nabaltec AG overwhelmingly supported the company's operational direction and corporate strategy. The Management Board and Supervisory Board received broad approval for their profit appropriation proposal, which includes a dividend distribution of EUR 2.6 million, or EUR 0.29 per share. The remaining distributable profit of EUR 66.6 million will be carried forward to new account to strengthen the company's equity base. The dividend is scheduled for payment on 29 June 2026.
Johannes Heckmann, CEO of Nabaltec AG, expressed satisfaction with the shareholder support, 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." He added that the company is especially pleased to offer shareholders a share in its success, given the overall more cautious dividend policy across the chemicals sector.
In addition to the profit appropriation, shareholders approved the discharge of the Management Board and Supervisory Board, the election of the auditor for the 2026 financial year, and several 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 soon be available for download from the Investor Relations section of the company's website at www.nabaltec.de/en.
This consistent dividend payout underscores Nabaltec's commitment to shareholder returns even as the chemical industry faces headwinds. The decision to carry forward a substantial portion of profits indicates a focus on maintaining a strong equity base, which is crucial for navigating market volatility and funding future growth initiatives. The anticipatory resolutions, particularly the authorization to issue convertible bonds, signal potential capital-raising activities that could support strategic expansions or acquisitions.
Nabaltec AG, headquartered in Schwandorf, Germany, specializes in manufacturing highly 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 strengthen its market position through capacity expansion, process optimization, and strategic product line extensions.
The strong shareholder approval reflects confidence in Nabaltec's ability to sustain performance amid a challenging chemical industry landscape. The dividend distribution, combined with the carried-forward profits, provides a balanced approach to rewarding shareholders while preserving financial flexibility. The anticipatory resolutions further equip the company to respond to market opportunities, potentially impacting its competitive standing in the specialty chemicals sector.
