BE Semiconductor Industries N.V. Approves Dividend for the Fiscal Year 2018, Payable on May 6; Company Announces Management Changes
April 26, 2019 at 10:00 am
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BE Semiconductor Industries N.V. approved a proposed dividend of EUR 1.67 per share over the fiscal 2018, payable starting May 6. The ex-dividend date for the distribution is April 30, and the record date is May 2.
In addition, there were some changes to the composition of company's Supervisory Board. Chairman, Mr. Tom de Waard retired after 19 years of service and Mr. Kin Wah Loh retired after having served for 24-year terms. Mr. Lodewijk Hijmans van den Bergh joined the Board to replace Tom, and the Board will revert back to 5 members. Mr. van den Bergh is a well-known Dutch and international lawyer, currently working at De Brauw Blackstone Westbroek. He also served previously as Chief Corporate Governance Counsel and member of the Executive Board of the Royal Ahold.
BE Semiconductor Industries N.V. (Besi) specializes in the design, manufacturing and marketing of semiconductor assembly equipment for the global semiconductor and electronics industries. The group develops leading edge assembly processes and equipment for leadframe, substrate and wafer level packaging applications in a wide range of end-user markets including electronics, mobile Internet, computer, automotive, industrial, RFID, LED and solar energy.
Net sales are distributed geographically as follows: Ireland (7.5%), Europe (8.2%), China (35.5%), Malaysia (8.4%), Korea (7.3%), Taiwan (6.5%), Thailand ( 3.6%), Asia/Pacific (11.8%), United States (8.8%) and other (2.4%).