|
Amsterdam, April 26, 2007 - STMicroelectronics (NYSE: STM)
has announced that all of the proposed resolutions were approved
at the Company's Annual General Meeting, which was held in Amsterdam
today.
The main resolutions were:
- Approval of the Company's 2006 accounts reported in accordance
with International Financial Reporting Standards (IFRS). (2006 accounts
reported under U.S. GAAP were filed on SEC Form 20-F on March 14,
2007.)
- The appointments for a three-year term, expiring at the 2010 Annual
General Meeting, of the following new members of the Supervisory Board:
Mr. Ray Bingham and Mr. Alessandro Ovi. Mr Robert White's and Mr.
Antonino Turicchi's Board service has concluded with the 2007 Annual
General Meeting.
- The distribution of a cash dividend of US$0.30. The Company's common
shares will trade ex-dividend on the three stock exchanges on which
they are listed on Monday, May 21, 2007. For holders of shares listed
on Euronext Paris and the Milan Stock Exchange (Borsa Italiana), Monday,
May 21, 2007 will also be the payment date. For holders of shares
listed on the New York Stock Exchange, the record date will be Wednesday,
May 23, 2007, and the payment date will be on or after Tuesday, May
29, 2007. Transfers between New York and European (Dutch) registered
shares will be closed from the end of business in Europe on Friday,
May 18, 2007, until the open of business in New York on Thursday,
May 24, 2007.
The complete agenda and all related materials concerning the STMicroelectronics
N.V. Annual General Meeting are available on the Company’s website
www.st.com.
The draft minutes of the AGM will be posted on the Company website at
the beginning of June 2007.
About STMicroelectronics
STMicroelectronics is a global leader in developing and delivering semiconductor
solutions across the spectrum of microelectronics applications. An unrivalled
combination of silicon and system expertise, manufacturing strength, Intellectual
Property (IP) portfolio and strategic partners positions the Company at
the forefront of System-on-Chip (SoC) technology and its products play
a key role in enabling today’s convergence markets. The Company’s
shares are traded on the New York Stock Exchange, on Euronext Paris and
on the Milan Stock Exchange. In 2006, the Company’s net revenues
were $9.85 billion and net earnings were $782 million. Further information
on ST can be found at www.st.com. |
|
|
