Bayer’s top managers are facing shareholders amid discontent over the fallout from the German company’s acquisition of Monsanto, the maker of Roundup weed killer.

Chairman Werner Wenning told the annual general meeting in Bonn on Friday that company leaders “very much regret” falls in its share price. At the same time, CEO Werner Baumann insisted that “the acquisition of Monsanto was and remains the right move for Bayer.” Bayer acquired Monsanto for $63 billion last year.

Bayer is fighting lawsuits over the alleged carcinogenic effects of Roundup. The company says scientific evidence shows the product’s active ingredient, glyphosate, is safe.

Participants walk on dead bees placed by protestors prior the annual general meeting of the Bayer stock company in Bonn, Germany, Friday, April 26, 2019. (AP Photo/Martin Meissner)
Participants walk on dead bees placed by protestors prior the annual general meeting of the Bayer stock company in Bonn, Germany, Friday, April 26, 2019. (AP Photo/Martin Meissner)

Environmentalists protested outside the convention center where the meeting was being held. Beekeepers brought thousands of dead bees whose death they blamed on chemicals in the environment.

People attend a protest rally outside the annual general meeting of the Bayer stock company in Bonn, Germany, Friday, April 26, 2019. (AP Photo/Martin Meissner)
People attend a protest rally outside the annual general meeting of the Bayer stock company in Bonn, Germany, Friday, April 26, 2019. (AP Photo/Martin Meissner)
CEO Werner Baumann prepares for the annual general meeting of the Bayer stock company in Bonn, Germany, Friday, April 26, 2019. (AP Photo/Martin Meissner)
CEO Werner Baumann prepares for the annual general meeting of the Bayer stock company in Bonn, Germany, Friday, April 26, 2019. (AP Photo/Martin Meissner)
Protestors demonstrate against Monsanto outside the annual general meeting of Bayer AG in Bonn, Germany, Friday, April 26, 2019. (AP Photo/Martin Meissner)
Protestors demonstrate against Monsanto outside the annual general meeting of Bayer AG in Bonn, Germany, Friday, April 26, 2019. (AP Photo/Martin Meissner)
A protestor shows dead bees outside the annual general meeting of the Bayer stock company in Bonn, Germany, Friday, April 26, 2019. (AP Photo/Martin Meissner)
A protestor shows dead bees outside the annual general meeting of the Bayer stock company in Bonn, Germany, Friday, April 26, 2019. (AP Photo/Martin Meissner)

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