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
Flying is the passion for British aviatrix Tracey Curtis Taylor, and she is now on a solo flight to cross three continents and 23 countries in her own vintage open cockpit biplane. She has already crossed half of her journey from U.K. to Australia with a target to cover 13 thousand miles. Sony Computer Entertainment Inc. Wednesday revealed that its popular PlayStation4 computer entertainment system has achieved total sales of more than 30.2 million units worldwide in a period of two years. The PS4 system is currently available in 124 countries. Cement giant LafargeHolcim (HCMLY.PK, HCMLF.PK), formed by the combination of French Lafarge and Swiss peer Holcim, Wednesday said its sales declined for the third quarter as well as nine months.
comments powered by Disqus
Trade ERIC now with 
Follow RTT