Yara approves dividend and share buy-back program and elects new Board member
(Thomson Reuters ONE) -
Oslo (2013-05-14): The Yara International ASA Annual General Meeting yesterday
approved a dividend of NOK 13.00 per share and a new Power of attorney to the
Board regarding acquisition of own shares.
The dividend of NOK 13.00 per share will be paid on 28 May 2013 to shareholders
as of 13 May 2013. The Yara share will be traded ex dividend from 14 May 2013.
American Depository Receipts (ADRs) will also be traded ex dividend from 14 May
2013, with a dividend payment date of 4 June 2013.
Geir Isaksen was elected as a new Board member for a period of one year.
The Annual General Meeting approved the cancellation of 3,640,000 of the
Company's own shares and the redemption of 2,066,354shares owned by the
Norwegian State. The number of shares in the company will consequently be
reduced to 278,500,910.
The Annual General Meeting approved a new Power of attorney to the Board
regarding acquisition of own shares. The Board is thereby given authorization to
acquire up to 5 percent of Yara's shares before the next Annual General Meeting.
Yara has renewed its agreement with the Norwegian State according to which the
State's shares will be redeemed on a pro-rata basis to ensure that the State's
ownership is unchanged in the event repurchased shares are cancelled.
The complete protocol from the Annual General Meeting will be available during
the course of the day on Yara's website:
http://www.yara.com/investor_relations/reports_presentations/index.aspx?tab=2013
&cat=All
Contact
Thor Giæver, Investor Relations
Telephone (+47) 24 15 72 95
Cellular (+47) 48 07 53 56
E-mail thor.giaver(at)yara.com
Esben Tuman, Media Relations
Cellular (+47) 90 50 84 00
E-mail esben.tuman(at)yara.com
Yara delivers solutions for sustainable agriculture and the environment. Our
fertilizers and crop nutrition programs help produce the food required for the
growing world population. Our industrial products and solutions reduce
emissions, improve air quality and support safe and efficient operations.
Founded in Norway in 1905, Yara has a worldwide presence with sales to 150
countries. Safety is always our top priority.
www.yara.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Yara International ASA via Thomson Reuters ONE
[HUG#1701399]
Unternehmensinformation / Kurzprofil:
Datum: 14.05.2013 - 08:01 Uhr
Sprache: Deutsch
News-ID 259533
Anzahl Zeichen: 3125
contact information:
Town:
Oslo
Kategorie:
Business News
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"Yara approves dividend and share buy-back program and elects new Board member"
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Yara International ASA (Nachricht senden)
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