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
Alteryx, Inc., a provider of self-service data analytics software, is the latest tech company to go public in March. Alteryx said it has priced its IPO of 9 million shares of its Class A common stock at $14 per share, at the top end of its range of $12 to $14 per share. Dunkin' Donuts is bidding adieu to one of its frozen coffee beverages this summer. However, loyal fans of the decades-old menu staple have not taken kindly to the news. The coffee chain said it will discontinue its popular Coffee Coolatta beverage this summer and instead, introduce the new Frozen Dunkin' Coffee, made with coffee extract, sugar and milk. Canadian pipeline operator Enbridge Inc. said it will cut about 1,000 jobs, or six percent of its workforce, following the completion of its acquisition of Houston-based Spectra Energy Corp. The job cuts will take place across the merged company.
comments powered by Disqus
Follow RTT