CNH Global N.V. (CNH) said that its board met February 16, 2012 to agree on recommendations for the company's 2012 Annual General Meeting of shareholders. The Board has set the meeting date as April 3, 2012.
The company said that at the board meeting, its board finalized proposals to be put to the Company's shareholders. Among the proposals was a recommendation that the shareholders re-elect the current directors and approve the appointment of a director candidate to the Board. The company stated that its board will recommend to the shareholders that the Company not declare a dividend in 2012.
The company noted that its Board also approved the CNH 2011 Statutory Accounts that will be presented to shareholders at the upcoming Annual General Meeting.
by RTT Staff Writer
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