, The German stock market benefited from the brisk trade in times of Corona-crisis. Therefore, the company remains confident for 2020 – and wants to strengthen.
Frankfurt/Main (dpa) – The German stock market expects no significant setbacks for your business through the Corona of a pandemic and preparing for further acquisitions.
“size is for the success of the market infrastructure service providers is very important,” said CEO Theodor Weimer at the Online annual General meeting of the Dax group on Tuesday. Larger mergers or Acquisitions of the Frankfurt market operator does not have currently, but: “Transformational transactions are (…) not on our agenda.”
larger Deals, such as the in the year 2017 blown merger with the London stock exchange LSE or the 2019 failed attempt to buy the foreign exchange trading platform FXall, the financial data provider Refinitiv are Meant. Weimer confirmed, the German stock exchange have currently two billion Euro of available funds for potential acquisitions and will take action to “continue to selectively”. More specifically, the Board of Directors intends to present the plans for the next three years (“Compass 2023”) at a in the fourth quarter shifted investors ‘ day.
the Board of Directors will be Controlled in future by a newly established Supervisory Board: The Supervisory Board elected following the annual General meeting, Martin Jetter (61) as its new Chairman. The long-time IBM Manager, is the successor of Joachim Faber, who had led the Supervisory Board since may 2012. New in the Supervisory Board the shareholders elected the former Dekabank chief Michael Rüdiger.
On questions about his professional future in the light of his candidacy for the Supervisory Board of Deutsche Bank, Weimer clarified: “you may assume that I plan to currently, of course, my contract to fulfil until the end of the regular term.” Weimer leads the Deutsche Börse since the beginning of 2018, and currently has a contract until the 31. December 2024. The Banker is always mentioned as a possible successor of the Deutsche Bank Supervisory Board Chairman Paul Achleitner. “As long as I am Chairman of the Board of the German stock exchange, is excluded to the Takeover of the Chairman of the Supervisory Board at Deutsche Bank,” said Weimer.
unlike many of the other corporations in Corona-the times of holding, Deutsche Börse in its dividend. For 2019, the shareholders will receive € 2.90 per share, 20 cents more than a year earlier. Chief financial officer Gregor Pottmeyer made to the shareholders in addition, hope for the future: “As we expect no significant effects of the Corona pandemic on our earnings, we assume that this dividend policy in the coming years, so continue.”
information about the annual General meeting, 2020
Deutsche Börse to Q1/2020
Deutsche Börse for the year 2019