Yara AGM and new buy-back program
(Thomson Reuters ONE) -
Oslo, 17 April 2015: Yara International ASA will hold its Annual General Meeting
on Monday 11 May at 17:00 CEST at Drammensveien 131, Oslo. The Nomination
Committee proposes Maria Moræus Hansen as a new Board member, and the Board asks
the General Meeting to authorize a new share buy-back program.
The Nomination Committee proposes election for a period of one year of Maria
Moræus Hansen as new Board member. Moræus Hansen will replace Hilde Merete
Aasheim who has decided to resign from the Board. Moræus Hansen is a Norwegian
citizen and Managing Director of the Norwegian affiliate of GDF SUEZ E&P since
2014, prior to which she held the position as Investment Director in Aker ASA.
The Board proposes that the existing buy-back program is replaced by a new
program, authorizing the Board to acquire up to 5% of Yara's shares before the
next Annual General Meeting. Shares may be purchased within a price range of NOK
10 to NOK 1,000. The shares may either be used for cancellation or as payment in
commercial transactions. The company has entered into a new agreement with the
Norwegian State to redeem shares on a pro-rata basis so that the State's
ownership is unchanged in the event of a cancellation of the shares bought back.
The complete notice of the Annual General Meeting will be distributed to Yara's
registered shareholders and is also available on Yara's website:
http://www.yara.com/investor_relations/index.aspx
The Yara International ASA share will be traded ex dividend from Tuesday 12 May
2015.
Contact
Anders Lerstad, Investor Relations
Telephone: (+47) 24 15 72 95
Cellular: (+47) 93 42 69 54
E-mail: anders.lerstad(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 to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Proposal from the Nomination Committee:
http://hugin.info/134793/R/1911720/682173.pdf
Notice of Annual General Meeting:
http://hugin.info/134793/R/1911720/682188.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1911720]
Unternehmensinformation / Kurzprofil:
Datum: 17.04.2015 - 08:01 Uhr
Sprache: Deutsch
News-ID 386537
Anzahl Zeichen: 3364
contact information:
Town:
Oslo
Kategorie:
Business News
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"Yara AGM and new buy-back program"
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