Due to the company's pleasing performance in 2012, the Board of Directors is proposing to shareholders a dividend payment of CHF 5.00 per share. The Board of Directors will also propose a share split to the General Meeting, whereby each Feintool share with a nominal value of CHF 50.00 will be divided into five shares with a nominal value of CHF 10.00, thus multiplying the number of shares by five. All six members of the Board of Directors are proposed for re-election.
The full invitation to the General Meeting with agenda and proposals is available at www.feintool.com/gm.
Brief profile of Feintool
Feintool is the world's leading technology group specializing in the development of fineblanking systems and the production of ready-to-install fineblanking and forming components, notably for the automotive industry. The Group maintains close partnerships with its customers across the entire fineblanking and forming process - from component design, toolmaking and system construction through to large-scale series parts production. In addition to fineblanking, Feintool Group also deploys other key processes such as precision forming and orbital technology, and is the world's only supplier of all-round solutions for the cost-effective manufacture of complex precision components. A further brand in its portfolio is IMA Automation - a leading manufacturer of automated assembly systems.
With its locations in Europe, Japan, China and the USA, Feintool Group is represented in the world's major automotive markets. Headquartered in Lyss, Switzerland, the Group has a headcount of just under 2000. At its various locations, Feintool provides training at any given time for about 100 young people in a number of skills (multiskilled mechanics, design engineers and commercial trades).
Feintool International Holding AG
Industriering 8
3250 Lyss
Switzerland
Media spokesperson
Karin Labhart
Tel. +41 32 387 51 57
Fax +41 32 387 54 16
Mobile +41 79 609 22 02
karin.labhart@feintool.com
www.feintool.com
The press release can be downloaded from the following link:
