Yara approves dividend and share buy-back program
(Thomson Reuters ONE) -
Oslo, 11 May 2017: The Yara International ASA Annual General Meeting today
approved a dividend of NOK 10.00 per share and a new Power of attorney to the
Board regarding acquisition of own shares. All agenda items were approved in
line with the proposals included in the Annual General Meeting notice.
The dividend of NOK 10.00 per share will be paid on 23 May 2017 to shareholders
as of 11 May 2017, and the Yara share will be traded ex-dividend from 12 May
2017. American Depository Receipts (ADRs) will also be traded ex-dividend from
12 May 2017, with a dividend payment date of 31 May 2017.
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 are available on Yara's website:
http://yara.com/investor_relations/reports_presentations/
Contact
Thor Giæver, Investor Relations
Telephone: (+47) 24 15 72 95
Cellular: (+47) 48 07 53 56
E-mail: thor.giaver(at)yara.com
About Yara
Yara's knowledge, products and solutions grow farmers', distributors' and
industrial customers' businesses profitably and responsibly, while 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 close to 15,000 employees and sales to about 160 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 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: Yara International ASA via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 11.05.2017 - 20:32 Uhr
Sprache: Deutsch
News-ID 542082
Anzahl Zeichen: 3005
contact information:
Town:
Oslo
Kategorie:
Business News
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"Yara approves dividend and share buy-back program"
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