Heidelberg Materials Chairman of the Managing Board Dr. Dominik von AchtenHeidelberg Materials Chairman of the Managing Board Dr. Dominik von Achten

Heidelberg, Germany — Heidelberg Materials said Thursday its supervisory board extended the mandate of Dr. Dominik von Achten as Chairman of the Managing Board.

The chair job would have expired at the end of January 2025, but is now extended by three years until 31 January 2028.

The company also plans to raise dividend by 15% to €3.00 per share. This corresponds to an increase of €0.40 per share compared to the previous year’s dividend of €2.60 per share. Based on the Heidelberg Materials share price of €80.94 as at 31 December 2023, the dividend yield is 3.7%, the company said.

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By Lisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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