Regulatory News:
Air Liquide (Paris:AI)
Commenting on fiscal year 2016 and the Group’s growth outlook,
Benoît Potier, Chairman and CEO, stated: “In 2016, the
Group took a major step forward in its geographic development and
the expansion of its markets with the acquisition of Airgas. Its
2016 performance was solid and a sound balance sheet was
preserved. Air Liquide is fully on track and focused on completing
the integration of Airgas and achieving the expected synergies. The
Group also continues to implement its customer-centric
transformation strategy, which combines targeted investments,
digital development and innovations. Thanks to its solid
fundamentals and well-defined roadmap, to its committed teams, to
the trust of its customers, and the support of its shareholders,
the Group is confident in its ability to create long term value and
contribute to a more sustainable world.”
The Combined Shareholders’ Meeting of Air Liquide,
chaired by Benoît Potier, the Company’s Chairman and CEO, in the
presence of the members of the Board of Directors, was attended
by 3,874 people on Wednesday, May 3, 2017, at the
Palais des Congrès in Paris. The shareholders, who represented
49.9% of the voting rights, i.e. 131,121 shareholders in
attendance or represented by proxy, approved all of the
resolutions that were submitted.
The proposed dividend, with an ex-date of May 15
and a payment date of May 17, 2017, was approved: it
will be 2.60 € per share and 2.86 € per share for
shareholders who are eligible for the loyalty bonus. A free
share attribution, equal to one free share for every 10 held,
will take place in the second half of 2017.
The Shareholders approved the reappointment of board
member Mr. Thierry Peugeot and appointed Mr.
Xavier Huillard to the Board, each for a term of four
years.
The Board of Directors is now composed of
12 members, including 5 women, and 6 members
who are not French. The current composition of the Board offers
a complementary mix of experience, nationalities and cultures, and
reflects the diversity policy conducted by the Group.
In addition, the Shareholders expressed a favorable
opinion on the remuneration of the company’s executive officers
for fiscal year 2016 in connection with two specific resolutions.
The Shareholders also approved the principles and criteria for
determining the remuneration of the company’s executive officers,
applicable starting in 2017, in accordance with the new Sapin 2
Law.
Meeting at the end of the Combined Shareholders’ Meeting, the
Board of Directors designated
Mr. Jean-Paul Agon to serve as Lead
Director of the Board. In addition, the Board decided to form a
new Committee, in charge of environmental and societal
issues, which will be chaired by Mr. Pierre Dufour. The
amended Internal Regulations of the Board of Directors, including
in particular the formation of this Committee, will be published on
the Company’s website.
Lastly, on the recommendation of the Appointments and Governance
Committee, the Board appointed the following individuals to serve
on its committees, resulting in the composition indicated below,
effective as of today:
- Audit and Accounts Committee:
Ms. Siân Herbert-Jones (Chairwoman), Ms. Sin-Leng Low,
Mr. Thierry Peugeot, Mr. Brian Gilvary
- Appointments and Governance
Committee: Mr. Jean-Paul Agon (Chairman), Ms. Annette Winkler,
Ms. Karen Katen
- Remuneration Committee: Mr.
Jean-Paul Agon (Chairman), Mr. Xavier Huillard, Ms. Annette
Winkler
- Environment and Society
Committee: Mr. Pierre Dufour (Chairman), Ms. Geneviève Berger,
Mr. Philippe Dubrulle
In compliance with the Afep-Medef Code, a disclosure pertaining
to the financial terms and conditions of the retirement of Mr.
Pierre Dufour will be published on the company’s website.
The entire Shareholders’ Meeting can be
viewed as a webcast on www.airliquide.com.
Air Liquide share ownership (as of
December 31, 2016)
- 33% of the capital held by
individual shareholders
- 47% of the capital held by
non-French institutional investors
- 20% of the capital held by
French institutional investors
UPCOMING EVENTSDividend ex-date:Monday, May 15,
2017
Dividend payment date:Wednesday, May 17, 2017
The world leader in gases, technologies
and services for Industry and Health, Air Liquide is present in 80
countries with approximately 67,000 employees and serves more than
3 million customers and patients. Oxygen, nitrogen and hydrogen are
essential small molecules for life, matter and energy. They embody
Air Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Air Liquide’s ambition is to lead its
industry, deliver long term performance and contribute to
sustainability. The company’s customer-centric transformation
strategy aims at profitable growth over the long term. It relies on
operational excellence, selective investments, open innovation and
a network organization implemented by the Group worldwide. Through
the commitment and inventiveness of its people, Air Liquide
leverages energy and environment transition, changes in healthcare
and digitization, and delivers greater value to all its
stakeholders.
Air Liquide’s revenue amounted to €18.1
billion in 2016 and its solutions that protect life and the
environment represented more than 40% of sales. Air Liquide is
listed on the Euronext Paris stock exchange (compartment A) and
belongs to the CAC 40, EURO STOXX 50 and FTSE4Good indexes.
www.airliquide.comFollow us on Twitter
@airliquidegroup
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170503006328/en/
Air LiquideCorporate CommunicationsAnnie Fournier,
+33 (0)1 40 62 51 31orCaroline Brugier, +33 (0)1 40 62 50
59orAurélie Wayser-Langevin, +33 (0)1 40 62 56 19orInvestor
RelationsParis, +33 (0)1 40 62 50 87orRadnor, +1 610 263
8277orShareholder ServicesPatrick Renard, +33 (0)1 40 62 51
86orJérémie Créange, +33 (0)1 40 62 53 61
C3 AI (NYSE:AI)
Historical Stock Chart
From Jun 2024 to Jul 2024
C3 AI (NYSE:AI)
Historical Stock Chart
From Jul 2023 to Jul 2024