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S.A.G. Solarstrom Climbs in Germany After Dividend Increased

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May 31 (Bloomberg) -- S.A.G. Solarstrom AG rose as much as 4 percent in Frankfurt electronic trading after its shareholders approved increasing the dividend 25 percent and re-authorized the company to buy and own as much a tenth of its shares. The German solar park developer said today in a filing that it currently holds 3.7 percent of its stock, and that shareholders also approved it selling new shares to increase capital by as much as 15 million euros.

Link to Company News:{SAG GR <Equity> CN <GO>}

To contact the editor responsible for this story: Todd White at twhite2@bloomberg.net

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