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
Delta Air Lines Inc. (DAL) pilots, represented by the Air Line Pilots Association International, are picketing on Friday at several airports across the country. The pilots said the picketing was to raise the sense of urgency in ongoing contract negotiations. The negotiations between the pilots... Charter Communications, and its recently acquired subsidiary Time Warner Cable, have been regularly overcharging its consumers to a tune of $7.2 million per year, according to a report from the U.S. Senate's Permanent Subcommittee on Investigations. According to the report, Time Warner Cable over-billed... Popular photo sharing network Instagram is adding a new translation button on its pages, so that the global crowd can read and enjoy the captions and comments given for the photographs uploaded. The new update will be available from next month onward.
comments powered by Disqus
Follow RTT