Yara approves dividend and share buy-back program and elects new vice chair
(Thomson Reuters ONE) -
Oslo, 2015-05-12: 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. Maria Moræus Hanssen was elected as
new Board member.
The dividend of NOK 13.00 per share will be paid on 21 May 2015 to shareholders
as of 11 May 2015, and the Yara share will be traded ex dividend from 12 May
2015. American Depository Receipts (ADRs) will also be traded ex dividend from
12 May 2015, with a dividend payment date of 29 May 2015.
Maria Moræus Hanssen was elected as new Board member for a period of one year.
After the general meeting, the Board elected Moræus Hanssen as its new vice
chair.
The Annual General Meeting approved the cancellation of 730,000 of the Company's
own shares and the redemption of 414,406 shares owned by the Norwegian State.
The number of shares in the company will consequently be reduced to 275,083,369.
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 full minutes of the Annual General Meeting will be made available by the end
of the day on Yara's website:
http://yara.com/investor_relations/reports_presentations/
Contact
Anders Lerstad, Investor Relations
Telephone: (+47) 24 15 72 95
Cellular: (+47) 93 42 69 54
E-mail: anders.lerstad(at)yara.com
Magnus Dahlen, Media Relations
Cellular: (+47) 95 89 19 39
E-mail: magnus.dahlen(at)yara.com
About Yara
Yara's knowledge, products and solutions grow farmers' and industrial customers'
businesses profitably and responsibly, while nurturing and protecting the
earth's resources, food and environment.
Our fertilizers, crop nutrition programs and technologies increase yields,
improve product quality and reduce the environmental impact of agricultural
practices. Our industrial and environmental solutions improve air quality by
reducing emissions from industry and transportation, and serve as key
ingredients in the production of a wide range of goods. We foster a culture that
promotes the safety of our employees, contractors and societies.
Founded in 1905 to solve emerging famine in Europe, today, Yara has a worldwide
presence, with more than 12,000 employees and sales to more than 150 countries.
www.yara.com
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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#1920513]
Unternehmensinformation / Kurzprofil:
Datum: 12.05.2015 - 08:01 Uhr
Sprache: Deutsch
News-ID 392461
Anzahl Zeichen: 3695
contact information:
Town:
Oslo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 138 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Yara approves dividend and share buy-back program and elects new vice chair"
steht unter der journalistisch-redaktionellen Verantwortung von
Yara International ASA (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
