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BASF postpones Annual Shareholders' Meeting
Annual Shareholders' Meeting of BASF SE will not take place as planned on April 30, 2020 due to corona pandemic; postponement to a later date
As a result of the postponement of the Annual Shareholders’ Meeting, the proposed dividend cannot be paid out on May 6, 2020 as planned. This is subject to a corresponding resolution on the appropriation of profit by the BASF Annual Shareholders’ Meeting.
Depending on the progression of the virus and the measures imposed by the relevant authorities, BASF SE aims to hold the Annual Shareholders’ Meeting within the statutory period of six months after the beginning of the fiscal year (until June 30, 2020) for companies with the legal form of a Societas Europaea (SE). According to the applicable provisions of the German Stock Corporation Act, an annual shareholders’ meeting must be held as a physical event.
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