Corporate News

Virtual annual general meeting passes all proposed resolutions with a large majority

At today’s Annual General Meeting of Talanx AG in Hannover, shareholders approved, with a large majority, all resolutions proposed by the Board of Management and the Supervisory Board, including the proposal to increase the dividend.


Key Visual HV Talanx 2020

The shareholders voted to increase the dividend for the financial year 2019 by 5 cents to EUR 1.50 per share (EUR 1.45 in the previous year). This is the seventh dividend increase in a row and represents an attractive dividend yield of 4.0 percent, based on the average share price in 2019. The dividend has risen consistently since Talanx went public in October 2012, climbing by a total of 45 cents, or an average of more than 5 percent per year, from the then figure of EUR 1.05 per share.

Talanx AG is one of the first companies in Germany to use a purely virtual general meeting format, so as to be able to hold the event on the planned date despite the coronavirus pandemic. Shareholders had the opportunity to submit questions in advance of the general meeting and were able to vote electronically until shortly before the votes were counted. A total of 4,400 shareholders registered for the meeting. Attendance was higher than in the previous year, at 93.23 (92.26) percent of Talanx’ voting share capital.


This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.