"We delivered what we promised, and are well positioned to deliver on our plans for the year ahead," said Joe Kaeser, President and Chief Executive Officer of Siemens AG. For fiscal 2015, Siemens' Managing Board and Supervisory Board will propose that shareholders at the company's Annual Shareholders' Meeting in January 2016 approve a dividend of €3.50 (fiscal 2014: €3.30).

Siemens also intends to repurchase shares with a volume of up to €3 billion within the next 36 months. This repurchase will be accomplished under the authorizations granted by the Annual Shareholders' Meeting on January 27, 2015. The repurchased shares will only be retired, issued to employees, the board members of affiliated companies or members of the Managing Board, or used to service convertible bonds or warrant bonds.

"With the new planned share buyback program, we want to ensure that our shareholders continuously participate in our company's success," said Siemens CFO Ralf P. Thomas.
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