Merck KGaA (OTCPK:MKKGY)
$ 32.53 -0.24 (-0.73%) Market Cap: 70.72 Bil Enterprise Value: 79.42 Bil PE Ratio: 24.98 PB Ratio: 2.30 GF Score: 94/100

Merck KGaA Annual Shareholders Meeting Transcript

May 28, 2020 / 08:00AM GMT
Release Date Price: $23.26 (+4.21%)
Wolfgang Büchele
MERCK Kommanditgesellschaft auf Aktien - Independent Chairman of Supervisory Board

Welcome all of you. I hereby call this Annual General Meeting of Merck KGaA to order. Pursuant to Section 23, Paragraph 1, Sentence 1 of the Articles of Association, I am chairing the AGM. First, I would like to welcome you, our shareholders and shareholder representatives. I'm pleased by the great interest you are showing in our company by participating in the virtual Annual General Meeting.

Let me also welcome the media representatives following our AGM on the Internet. I would have loved to greet you in person. However, this is not possible under the prevailing circumstances. In response to the corona crisis, the lawmakers have imposed extensive restrictions on events of all kinds. Therefore, we cannot hold our annual general meeting at the Jahrhunderthalle in Frankfurt as usual this year, but rather here in Darmstadt from our offices at Merck KGaA.

As you could gather from the invitation of this AGM, the Executive Board decided with the approval of the Supervisory Board to conduct

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