Across multiple electronic application field, the world's leading supplier of semiconductor STMicroelectronics (STMicroelectronics, referred to as "ST; the New York stock exchange code: STM) announced the company the main proposals submitted to the shareholders meeting this year. The shareholders meeting will be on May 25, 2016 held in Amsterdam in the Netherlands.
The board of supervisors propose main proposals as follows:
, in accordance with the International Financial Reporting standards (IFRS, International Financial Reporting Standard) for as of December 31, 2015, 2015, the company's Statutory Annual closing (Statutory Annual Accounts). Has been released on its website, www.st.com and the Dutch Financial market regulator (AFM, the Authority for the Financial Markets) website, www.afm.nl; Submitted on April 1, and in 2016, the Dutch financial market regulatory authority for the record.
, second, third and fourth quarters of 2016 and during the first quarter of 2017, in view of the company's common stock in the stock market circulation, to the registered shareholders $0.24 per share cash dividend, according to the following table points distributed four quarters, each quarter of $0.06; According to the current prices, share out bonus proposal yields of 4.3%, and stmicroelectronics shares dividend yields flat;
Salvatore, appointed Mr Manzi as supervisors, who took over as the expiration of Alessandro, Mr Ovi term for three years, to 2019 at the end of the annual general meeting of shareholders;
Janet, Ms. Davidson re-election supervisors, term for three years, to 2019 at the end of the annual general meeting of shareholders.
In 2016 shareholders meeting time signing up for April 27, 2016. In 2016 all the agenda and detailed information of the shareholders' meeting and relevant materials will be released at the company's web site, www.st.com, and since April 1, 2016, in accordance with the laws and regulations for shareholders.