A look at statistics showing how the insurance industry fared in consumer class action settlements.
BERLIN, April 9, 2014 /PRNewswire/ -- At the Annual Shareholders' Meeting of Daimler AG held in Berlin on Wednesday, the shareholders approved the distribution of a dividend for the year 2013 of €2.25 per share (prior year: €2.20). The total dividend payout amounts to €2,407 million.
Furthermore, the Annual Shareholders' Meeting elected Dr. Bernd Bohr, Mr. Joe Kaeser and Dr. Bernd Pischetsrieder as members of the Supervisory Board representing the shareholders for a period of five years. Their period of office as members of the Supervisory Board of Daimler AG began at the end of the 2014 Annual Shareholders' Meeting.
The actions of the members of the Board of Management were ratified by 98.56% of the votes cast and the actions of the members of the Supervisory Board were ratified by 98.53% of the votes cast.
Effective as of January 1, 2014, the remuneration system for the members of the company's Board of Management was adjusted with consideration of the amended German Corporate Governance Code. The Annual Shareholders' Meeting approved the remuneration system with 96.82% of the votes cast. The adjustment in the remuneration of the Supervisory Board was approved by 97.86% of the votes cast.
The Annual Shareholders' Meeting was held at the Berlin Trade Fair Center (Berliner Messe) and was attended by approximately 5,500 shareholders and shareholder representatives (prior year: 5,000). 39.25% of the share capital was represented.
The dividend will be paid out on April 10, 2014 to all shareholders who held Daimler shares on April 9, 2014.
Further information from Daimler is available at: www.media.daimler.com and www.daimler.com
Forward looking-statements This document contains forward-looking statements that reflect our current views about future events. The words "anticipate," "assume," "believe," "estimate," "expect," "intend," "may," "can," "could," "plan," "project," "should" and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties, including an adverse development of global economic conditions, in particular a decline of demand in our most important markets; a worsening of the sovereign-debt crisis in the Eurozone; an exacerbation of the budgetary situation in the United States; a deterioration of our refinancing possibilities on the credit and financial markets; events of force majeure including natural disasters, acts of terrorism, political unrest, industrial accidents and their effects on our sales, purchasing, production or financial services activities; changes in currency exchange rates; a shift in consumer preference towards smaller, lower-margin vehicles; or a possible lack of acceptance of our products or services which limits our ability to achieve prices and adequately utilize our production capacities; price increases in fuel or raw materials; disruption of production due to shortages of materials, labor strikes or supplier insolvencies; a decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiency-optimization measures; the business outlook of companies in which we hold a significant equity interest; the successful implementation of strategic cooperations and joint ventures; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending government investigations and the conclusion of pending or threatened future legal proceedings; and other risks and uncertainties, some of which we describe under the heading "Risk and Opportunity Report" in Daimler's most recent Annual Report. If any of these risks and uncertainties materialize or if the assumptions underlying any of our forward-looking statements prove to be incorrect, the actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward-looking statements since they are based solely on the circumstances at the publication date.
Daimler AG is one of the world's most successful automotive companies. With its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, the Daimler Group is one of the biggest producers of premium cars and the world's biggest manufacturer of commercial vehicles with a global reach. Daimler Financial Services provides financing, leasing, fleet management, insurance and innovative mobility services. The company's founders, Gottlieb Daimler and Carl Benz, made history with the invention of the automobile in the year 1886. As a pioneer of automotive engineering, Daimler continues to shape the future of mobility today: The Group's focus is on innovative and green technologies as well as on safe and superior automobiles that appeal to and fascinate its customers. For many years now, Daimler has been investing continually in the development of alternative drive systems with the goal of making emission-free driving possible in the long term. So in addition to vehicles with hybrid drive, Daimler now has the broadest range of locally emission-free electric vehicles powered by batteries and fuel cells. This is just one example of how Daimler willingly accepts the challenge of meeting its responsibility towards society and the environment. Daimler sells its vehicles and services in nearly all the countries of the world and has production facilities on five continents. Its current brand portfolio includes, in addition to the world's most valuable premium automotive brand, Mercedes-Benz, the brands smart, Freightliner, Western Star, BharatBenz, Fuso, Setra and Thomas Built Buses. The company is listed on the stock exchanges of Frankfurt and Stuttgart (stock exchange symbol DAI). In 2013, the Group sold 2.35 million vehicles and employed a workforce of 274,616 people; revenue totaled €118.0 billion and EBIT amounted to €10.8 billion.
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SOURCE Daimler Corporate Communications