STMicroelectronics' Shareholders Adopt All Resolutions at the 2019 Annual General Meeting of Shareholders
23 Mai 2019 - 02:00PM
PR N°C2901C
STMicroelectronics' Shareholders Adopt All Resolutions at
the 2019 Annual General Meeting of Shareholders
Amsterdam, May 23, 2019 -
STMicroelectronics (NYSE: STM), a global
semiconductor leader serving customers across the spectrum of
electronics applications, announced today that all of the proposed
resolutions were adopted at the Company's Annual General Meeting of
Shareholders (AGM), which was held today in Amsterdam, the
Netherlands.
The main resolutions, approved by the
Shareholders, were:
-
The adoption of the Company's Statutory Annual
Accounts for the year ended December 31, 2018, prepared in
accordance with International Financial Reporting Standards (IFRS).
The 2018 Statutory Annual Accounts were filed with the Netherlands
Authority for the Financial Markets (AFM) on March 27, 2019 and are
posted on the Company's website (www.st.com) and the AFM's website
(www.afm.nl);
-
The distribution of a cash dividend of US$0.24
per outstanding share of the Company's common stock, to be
distributed in quarterly installments of US$0.06 in each of the
second, third and fourth quarters of 2019 and first quarter of 2020
to shareholders of record in the month of each quarterly payment as
per the table below;
-
The reappointment of Ms. Martine Verluyten, as
member of the Supervisory Board, for a one-year term expiring at
the 2020 AGM;
-
The reappointment of Ms. Janet Davidson, as
member of the Supervisory Board, for a three-year term expiring at
the 2022 AGM; and
-
The appointment of Ms. Lucia Morselli, in
replacement of Mr. Salvatore Manzi, as member of the Supervisory
Board, for a three-year term expiring at the 2022 AGM.
The complete agenda and explanatory notes,
including all the proposed - and now adopted - resolutions, and all
relevant detailed information concerning the 2019
STMicroelectronics N.V. Annual General Meeting of Shareholders, as
well as all related materials, are available on the Company's
website (www.st.com) and have been made available to shareholders
in compliance with legal requirements.
The draft minutes of the AGM will be posted on the
General Meeting of Shareholders page of the Company's website
(www.st.com) in June 2019.
The table below summarizes the full schedule for
the quarterly dividend distribution:
|
|
|
|
|
|
Transfer
between New York and Dutch registered shares restricted: |
Quarter |
Ex-dividend Date |
Global
Record Date |
Payment
Date in Europe |
NYSE
Payment Date: on or after |
|
From End of
Business in Europe on: |
Until Open
of Business in NY on: |
Q2
2019 |
17.Jun.19 |
18.Jun.19 |
19.Jun.19 |
25.Jun.19 |
|
17.Jun.19 |
19.Jun.19 |
Q3
2019 |
16.Sep.19 |
17.Sep.19 |
18.Sep.19 |
24.Sep.19 |
|
16.Sep.19 |
18.Sep.19 |
Q4
2019 |
16.Dec.19 |
17.Dec.19 |
18.Dec.19 |
27.Dec.19 |
|
16.Dec.19 |
18.Dec.19 |
Q1 2020 |
16.Mar.20 |
17.Mar.20 |
18.Mar.20 |
24.Mar.20 |
|
16.Mar.20 |
18.Mar.20 |
About STMicroelectronics
ST is a global semiconductor
leader delivering intelligent and energy-efficient products and
solutions that power the electronics at the heart of everyday life.
ST's products are found everywhere today, and together with our
customers, we are enabling smarter driving and smarter factories,
cities and homes, along with the next generation of mobile and
Internet of Things devices.
By getting more from technology to get more from life, ST stands
for life.augmented.
In 2018, the Company's net revenues were $9.66
billion, serving more than 100,000 customers worldwide. Further
information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel : +41.22.929.58.12
celine.berthier@st.com
MEDIA RELATIONS:
Alexis
Breton
Corporate External Communications
Tel: + 33 6 59 16 79 08
alexis.breton@st.com
ST_AGM 2019 adopted
resolutions_23may2019
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: STMicroelectronics via Globenewswire