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Villeroy & Boch plans dividend

German tableware, tile and bathroom fittings maker Villeroy & Boch said it planned to pay shareholders a dividend of Euros 0.55 per share for the 1999 business year.
The company“s divid…

German tableware, tile and bathroom fittings maker Villeroy & Boch said it planned to pay shareholders a dividend of Euros 0.55 per share for the 1999 business year. The company“s dividend payments will be denominated in Euros for the first time. The payout is subject to approval by the supervisory board. The board also decided to buy back one million preferred shares. Villeroy & Boch“s shareholders in June last year approved a plan for the company to buy back up to 2,808,960 shares.

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