ABB Shareholders Approve All Proposals at Annual General Meeting
The shareholders elected Jennifer Xin-Zhe Li, Geraldine Matchett and Gunnar Brock to join the Board and re-elected Peter Voser as member and Chairman of the Board. Jacob Wallenberg, Matti Alahuhta, David Constable, Frederico Fleury Curado, Lars Förberg, David Meline and Satish Pai were re-elected for another term while Ying Yeh and Louis R. Hughes decided not to stand for re-election. The shareholders also voted for the proposed Compensation Committee members.
The shareholders supported a ninth consecutive dividend increase to CHF 0.78 per share, up from CHF 0.76 last year. The dividend payment in Switzerland is planned for April 6, 2018. The shareholders also approved the management report, the consolidated financial statements and the annual financial statements for 2017.
Furthermore, shareholders approved in a binding vote the maximum aggregate compensation of the Board of Directors for the 2018–2019 term of office and of the Executive Committee for the 2019 financial year. In addition, in a non-binding vote the shareholders voted in favor of the compensation report for 2017.
The shareholders also approved the change of auditors and elected KPMG AG, Zurich, as auditors for financial year 2018.
A total of 869 shareholders attended the Annual General Meeting, representing 81.2 percent of the total share capital with a right to vote.
The final results of the Annual General Meeting will be published on www.abb.com later today.
ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing a history of innovation spanning more than 130 years, ABB today is writing the future of industrial digitalization with two clear value propositions: bringing electricity from any power plant to any plug and automating industries from natural resources to finished products. As title partner of Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. ABB operates in more than 100 countries with about 135,000 employees. www.abb.com
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her og modtag pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
PSE20.4.2018 17:15 | pressemeddelelse
PSE: APM Forum 2018 Focus on Digitalisation for the Process Industries
APERTA20.4.2018 16:03 | pressemeddelelse
Aperta Provides Electronic Funds Transfer (EFT) in Cayman Islands
SECO-SPA20.4.2018 15:41 | pressemeddelelse
FII Tech Growth Invests in SECO
SCHLUMBERGER-LIMITED20.4.2018 13:07 | pressemeddelelse
Schlumberger Announces First-Quarter 2018 Results
MA-BIOGEN20.4.2018 12:32 | pressemeddelelse
Biogen and Ionis Expand Strategic Collaboration to Develop Drug Candidates for a Broad Range of Neurological Diseases
AZ-VERSUM-MATERIALS19.4.2018 22:17 | pressemeddelelse
Versum Materials Celebrates the Grand Opening of Its Research and Development Facility in Hometown, PA
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum