STMicroelectronics' Shareholders Adopt All Resolutions at the 2018 Annual General Meeting of Shareholders
May 31 2018 - 6:47AM
PR N°C2851C
STMicroelectronics' Shareholders Adopt All
Resolutions at the 2018 Annual General Meeting of
Shareholders
Jean-Marc Chery appointed as sole member of the
Managing Board, becoming ST's President & CEO
Amsterdam, May 31, 2018 - 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, 2017, prepared in accordance with
International Financial Reporting Standards (IFRS). The 2017
Statutory Annual Accounts were filed with the Netherlands Authority
for the Financial Markets (AFM) on March 27, 2018 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 2018 and first quarter of 2019 to shareholders of
record in the month of each quarterly payment as per the table
below;
- The appointment of Mr. Jean-Marc Chery, as sole member of the
Managing Board, for a three-year term expiring at the 2021
AGM;
- The reappointment of Mr. Nicolas Dufourcq, as member of the
Supervisory Board, for a three-year term expiring at the 2021 AGM;
and
- The reappointment of Ms. Martine Verluyten, as member of the
Supervisory Board, for a one-year term expiring at the 2019
AGM.
The complete agenda and explanatory notes, including all the
proposed - and now adopted - resolutions, and all relevant detailed
information concerning the 2018 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 2018.
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
2018 |
18.Jun.18 |
19.Jun.18 |
20.Jun.18 |
26.Jun.18 |
|
18.Jun.18 |
20.Jun.18 |
Q3
2018 |
17.Sep.18 |
18.Sep.18 |
19.Sep.18 |
25.Sep.18 |
|
17.Sep.18 |
19.Sep.18 |
Q4
2018 |
17.Dec.18 |
18.Dec.18 |
19.Dec.18 |
27.Dec.18 |
|
17.Dec.18 |
19.Dec.18 |
Q1 2019 |
18.Mar.19 |
19.Mar.19 |
20.Mar.19 |
26.Mar.19 |
|
18.Mar.19 |
20.Mar.19 |
|
|
|
|
|
|
|
|
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 2017, the Company's net revenues were $8.35 billion, serving
more than 100,000 customers worldwide. Further information can be
found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:Tait
Sorensen
Group VP, Investor RelationsTel: +1 602 485
2064tait.sorensen@st.com
MEDIA RELATIONS:Alexis
Breton
Director, PR & Media OperationsTel: + 33 6 59 16 79
08alexis.breton@st.com
- ST AGM may18 resolutions.pdf
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