- Lenzing AG shareholders approved a capital increase of approximately EUR 300 million.
- The company said the measure aims to strengthen its financial structure and support its “Grow Nonwovens, Reset Textiles” strategy.
- Lenzing AG also announced the election of Martin Seiter to its Supervisory Board.
LENZING, Austria — Lenzing AG shareholders approved a capital increase of approximately EUR 300 million at an Extraordinary General Meeting on Tuesday, August 25, 2026.
The capital measure aims to strengthen the company’s financial structure and support the implementation of its “Grow Nonwovens, Reset Textiles” strategy, Lenzing AG said in an emailed press release today. The strategy was announced in July 2026.
Capital Increase Details
The capital increase preserves shareholders’ statutory subscription rights. Lenzing AG stated the move is designed to bolster its financial position.
Supervisory Board Appointment
In a separate decision, Martin Seiter was newly elected to the Supervisory Board of Lenzing AG.