XING AGM agrees to pay a dividend of €0.56 per share
Hamburg, June 14, 2012 – At a meeting held on February 29, 2012, within the scope of financial reporting for the 2011 financial year, the XING AG Executive Board unanimously agreed to put forward a proposal to the Supervisory Board suggesting the Company’s first-ever payment of a dividend. Today the AGM agreed to this proposal so people with XING shares entitled to receive a dividend will receive €0.56 per share on June 15, 2012. This equates to a total dividend payment of about €3 million.
All of the other voting results, Executive Board presentations, and other presentations at today’s AGM will be announced later on today and published here.
XING is the social network for business professionals. More than 12 million members worldwide use XING to boost their business, job, and career. XING is a platform where professionals from all kinds of different industries can meet up, find jobs, colleagues, new assignments, cooperation partners, experts and generate business ideas. Members can meet and exchange views in over 50,000 specialist groups, while also getting together at networking events. The platform is operated by XING AG, which was founded in Hamburg, Germany, in 2003, has been publicly listed since 2006, and listed on the TecDAX since September 2011. In December 2010, XING acquired amiando AG, a Munich-based company and Europe’s leading provider of online event management and ticketing. Please visit www.xing.com for more information.