Decisions taken by Metso's Annual General Meeting 2017
(Thomson Reuters ONE) -
Decisions taken by Metso's Annual General Meeting 2017
Metso Corporation, stock exchange release, March 23, 2017 at 5:00 p.m. EET
Metso Corporation's Annual General Meeting (AGM) was held today in Helsinki,
Finland.
The AGM approved the Financial Statements for 2016 and decided that a dividend
of EUR 1.05 per share will be paid for the financial year ended on December
31, 2016. The dividend will be paid on April 4, 2017 to shareholders registered
in the company's shareholder register maintained by Euroclear Finland Ltd. on
the record date of March 27, 2017. AGM discharged the members of the Board of
Directors and the President and the CEO from liability for the 2016 financial
year.
The AGM confirmed the number of Board members as seven and re-elected Mikael
Lilius as Chairman of the Board and Christer Gardell as Vice Chairman. Peter
Carlsson, Arja Talma, Ozey K. Horton Jr., Lars Josefsson and Nina Kopola were
re-elected as members for a new term. The term of office of Board members will
last until the end of the next AGM.
The AGM decided that the Board members shall be paid the same fixed annual
remuneration and meeting fees as in the previous term as follows: EUR 110,000
for the Chairman, EUR 62,000 for the Vice Chairman, and EUR 50,000 for members.
Additional annual remuneration of EUR 15,000 will be paid to the Chairman of
Audit Committee and EUR 5,000 to the Chairman of HR and Remuneration Committee.
In addition, a meeting fee of EUR 700 will be paid to members resident in the
Nordic countries, EUR 1,400 to members resident elsewhere in Europe, and EUR
2,800 to members resident outside of Europe for each meeting they attend,
including committee meetings. The AGM also decided that, as a condition for
receiving their annual remuneration, the members of the Board of Directors will
be obliged to use 40% of their fixed annual remuneration for purchasing Metso
Corporation shares from the market at a price formed in public trading and that
such purchases shall be carried out within two weeks following the publication
of the interim review for January - March, 2017.
Authorized Public Accountant Ernst & Young Oy was elected as the company's
Auditor until the end of the next Annual General Meeting. Ernst & Young Oy has
designated Mikko Järventausta, APA as responsible auditor The remuneration to
the Auditor was decided to be paid against the invoice approved by the Audit
Committee.
The AGM approved the proposal of the Board of Directors to authorize the Board
to decide on the repurchase of Metso shares.
In addition, the Board of Directors was authorized to decide on donations given
to universities.
The minutes of the Annual General Meeting will be available on Metso's website
at www.metso.com as of April 6, 2017.
Metso is a world leading industrial company serving the mining, aggregates,
recycling, oil, gas, pulp, paper and process industries. We help our customers
improve their operational efficiency, reduce risks and increase profitability by
using our unique knowledge, experienced people and innovative solutions to build
new, sustainable ways of growing together.
Our products range from mining and aggregates processing equipment and systems
to industrial valves and controls. Our customers are supported by a broad scope
of services and a global network of over 80 service centers and about 6,000
services professionals. Metso has an uncompromising attitude towards safety.
Metso is listed on the NASDAQ Helsinki Ltd, Finland, and had sales of about EUR
2.6 billion in 2016. Metso employs over 11,000 persons in more than 50
countries. Expect results.
www.metso.com , www.twitter.com/metsogroup
Further information, please contact:
Aleksanteri Lebedeff, SVP, General Counsel, Metso Corporation, Tel
+358 20 484 3240
Metso Corporation
Eeva Sipilä
CFO
Juha Rouhiainen
VP, Investor Relations
Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Metso Corporation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 23.03.2017 - 16:02 Uhr
Sprache: Deutsch
News-ID 532155
Anzahl Zeichen: 4850
contact information:
Town:
Helsinki
Kategorie:
Business News
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