Plus   Neg

UBS Asks Shareholders To Exercise Voting Rights At AGM Through Independent Proxy

The UBS Group AG (UBS) announced that its AGM will take place on 29 April 2020. The company noted that it will not be possible to physically participate in the AGM. Voting rights can only be exercised through the independent proxy. The AGM will be held in German and broadcast live in both English and German.

The company stated that Nathalie Rachou and Mark Hughes are nominated for election to the Board at the AGM. David Sidwell, Isabelle Romy and Robert Scully will not stand for re-election. As previously communicated, the Directors proposes an ordinary dividend of $0.73 in cash per share for fiscal 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Apotex Corp. recalled all lots of type 2 diabetes medication Metformin hydrochloride in the form of oral film-coated tablets for the potential presence of nitrosamine impurity, N-Nitrosodimethylamine (NDMA), above levels of the Acceptable Daily Intake Limit (ADI), the U.S. Food and Drug Administration or FDA said in a statement. Groupe Renault plans to cut about 14,600 jobs across the world and lower its production capacity. The plan includes almost 4,600 jobs reduction in France, through voluntary retirement and retraining. Amazon said it will convert 125,000 of the 175,000 temporary workers it hired in March amid the coronavirus pandemic, to permanent full-time employees in June. The e-commerce giant had hired the temporary employees in March to meet strong consumer demand amid the lockdown. The job openings were in Amazon's fulfillment centers and its delivery network.
Follow RTT