logo
  Join        Login             Stock Quote

Bulletin from Scania AB?s Annual General Meeting on?11 June 2014

Thursday, June 12, 2014 5:15 AM


Bulletin from Scania AB´s Annual General Meeting on 11 June 2014

Scania (STO:SCVA)(STO:SCVB):

The Board of Directors

The Annual General Meeting (AGM) discharged the members of the Board of Directors and the President and CEO from liability for the financial year 2013.

The AGM decided that the Board of Directors shall consist of 10 members without deputies. Board members Peter Abele, Helmut Aurenz, Martin Lundstedt. Ferdinand K. Piëch, Hans Dieter Pötsch, Francisco Javier Garcia Sanz, Peter Wallenberg Jr, Martin Winterkorn and Leif Östling were re-elected. Christian Porsche was elected as a new Board member. He replaces Åsa Thunman, who declined re-election.

The AGM re-elected Martin Winterkorn as Chairman of the Board and Leif Östling as Vice Chairman of the Board.

Dividend

The AGM resolved that no dividend will be paid to the shareholders for the financial year 2013.

Södertälje, 11 June 2014

Scania AB

Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. Service-related products account for a growing proportion of the company’s operations, assuring Scania customers of cost-effective transport solutions and maximum uptime Scania also offers financial services. Employing some 41,000 people, the company operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2013, net sales totalled SEK 86.8 billion and net income amounted to SEK 6.2 billion. Scania press releases are available on www.scania.com (http://www.scania.com/se)

This information was brought to you by Cision http://news.cision.com

(Source: Business Wire )
(Source: Quotemedia)

Advertisement
Advertisement



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.