Daimler AG shareholders fight over sausages at AGM
Despite shareholders’ approval of the largest dividend in Daimler AG’s history, a fight broke out over complimentary sausages at the German automaker’s 2016 annual general meeting (AGM)
A fight erupted over complimentary sausages at Daimler AG’s 2016 annual general meeting (AGM).
The disagreement took place despite shareholders’ approval of the largest dividend in the German automaker’s history.
A pair of investors became embroiled in an argument after one of them began helping himself to multiple sausages, according to Bloomberg.
Daimler AG, the firm behind Mercedes-Benz luxury cars and commercial vehicles, was forced to call the local constabulary to diffuse the situation. A third shareholder also intervened in an attempt to break up the altercation.
Bloomberg revealed that 12,500 sausages were served to the 5,500 shareholders in attendance. Pretzels, coffee, and cake are also reported to have been on the menu.
Investors approved a dividend of EUR3.25 per share at the meeting, which took place in Berlin, Germany on Wednesday, 6 April, 2016.
This is the largest dividend that has ever been approved by the manufacturer’s shareholders, making it both the best and wurst AGM in Daimler AG’s history.
Commenting in the wake of the incident, Manfred Bischoff, chairman of Daimler AG, said: “Either we need more sausages, or we’ll have to get rid of the sausages entirely.”
Construction Week has contacted Daimler for a response, but so far, the company has declined to comment.