HORNBACH Confirms Dividend and Moves Toward Staggered Board

At its Annual General Meeting in Landau, HORNBACH Holding AG & Co. KGaA announced confirmation of a €2.40 dividend for 2025/26, marking 39 consecutive years of consistent payouts. The dividend yield stands at 2.8%, with a payout ratio of 27.7%.

The election of Michael Heinz to the Supervisory Board marks the initial step toward a staggered board structure, with future elections set to occur on a rolling basis. This aims to enhance governance by reducing the maximum term from five to four years.

Further management proposals, including the authority to manage treasury shares, received majority approval. CEO Albrecht Hornbach emphasized expansion in markets and digitalization as drivers of future growth.