STMicroelectronics Approves 2025 AGM Resolutions Including Dividends, Board Appointments
STMicroelectronics Approves 2025 AGM Resolutions Including Dividends, Board Appointments

STMicroelectronics Approves 2025 AGM Resolutions Including Dividends, Board Appointments

News summary

STMicroelectronics held its 2025 Annual General Meeting of Shareholders in Amsterdam, where all proposed resolutions were approved, including the adoption of the 2024 statutory annual accounts prepared according to IFRS. The company declared a cash dividend of $0.36 per share, payable quarterly from the second quarter of 2025 through the first quarter of 2026, reflecting its strong financial health. Key appointments and reappointments were made to the Supervisory Board, including new members Werner Lieberherr and Simonetta Acri, and reappointments of Anna de Pro Gonzalo and Hélène Vletter-van Dort, all serving terms until 2028. PricewaterhouseCoopers was appointed as the external auditor for 2026-2029, including audits of sustainability reports for 2026-2027, enhancing transparency and governance. Additional resolutions included authorization for share repurchase, stock-based compensation approvals for top executives, and delegations related to share issuance and pre-emptive rights, signaling confidence in future growth. Analyst consensus rates the stock as a Hold with a moderate upside potential, balancing operational challenges against solid governance and financial discipline.

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