17 Total Equity
The Annual General Meeting held on June 30, 2020, resolved to pay a dividend for the 2019 fiscal year in the amount of € 1.57 per share, and € 851.4 million in total. As in previous years, shareholders were offered the option of choosing between being paid the dividend in cash or being granted new shares. It is intended to use the company’s authorized capital pursuant to Section 5b of the Articles of Association (“2018 Authorized Capital”) to issue the scrip dividend. Shareholders must, however, first choose between a cash dividend or the scrip dividend offered by July 20, 2020. The subscription price for the new shares to be issued is determined on July 17, 2020.