logo
Share SHARE
FONT-SIZE Plus   Neg

Ericsson Says Board To Propose Dividend Of SEK 2.50/shr At AGM - Quick Facts

Ericsson (ERIC) said its Annual General Meeting, or AGM, of shareholders will be held on May 3, 2012.

The company stated that at the AGM, its board of directors will propose a dividend of SEK 2.50 per share. Also, continued long-term variable remuneration program consisting of an all employee stock purchase plan, a key contributor retention plan and an executive performance stock plan will be proposed by the directors.

Further, the Nomination Committee will propose Alexander Izosimov as new member of the board of directors after resigning Carl-Henric Svanberg.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Uber has been reportedly tracking user's phones, even after deleting the app. However, the company now assured that it would not continue with such tracking anymore. Qatar Airways will launch long-haul flights to twelve new destinations in 2018, including direct flights to Wales in the UK and San Francisco in the U.S. Qatar Airways plans to start direct flights to San Francisco in early 2018 as part of its growth strategy. The move comes even as the carrier's Dubai-based rival Emirates Airlines said last week that it will cut flights to five cities in the U.S. Ahead of the April 28 launch of Mario Kart 8 for the Nintendo Switch game console, Target Corp. is transforming 650 plus stores across the country into Mario Kart courses. The transformation will begin at the front of the stores itself, with a checkered starting line at the entrance of the stores.
comments powered by Disqus
Follow RTT