STMicroelectronics' Shareholders Approve All Resolutions At AGM - Quick Facts

Shutterstock photo

(RTTNews.com) - STMicroelectronics ( STM ) announced that all of the proposed resolutions were adopted at the company's AGM. The company's shareholders approved the appointment of Jean-Marc Chery, as sole member of the Managing Board, for a three-year term expiring at the 2021 AGM.

The shareholders also approved the distribution of a cash dividend of $0.24 per outstanding share of the common stock, to be distributed in quarterly installments of $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.

Read the original article on RTTNews (http://www.rttnews.com/2900358/stmicroelectronics-shareholders-approve-all-resolutions-at-agm-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

This article appears in: World Markets , Stocks , Economy , US Markets
Referenced Symbols: STM

More from RTT News


See All RTT news

Research Brokers before you trade

Want to trade FX?