STEDIM

DIM.PA

Sartorius Stedim Biotech SA is a France-based international provider of laboratory and process technologies and equipment. The Company covers the segments of biotechnology and mechatronics.    

Fair value: 395€
Discount: 11%
Average yearly return: 52%
Outperformer
BUY around 340€

April 05, 2016 09:25 AM Eastern Daylight Time

AUBAGNE, France--(BUSINESS WIRE)--Regulatory News:

The AGM passed the resolution to pay dividends of €2.00 net per share for fiscal 2015, up from €1.30 a year earlier. The total profit distributed will therefore rise by 53.9% from €20.0 million to €30.7 million.

The AGM approved the proposal of the Board of Directors to split by 6 the par value of each of the Company’s shares (stock split).  This share split operation will be executed by early May