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STMicroelectronics' Shareholders Approve All Resolutions At AGM - Quick Facts


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(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)


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


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