TeliaSonera’s Annual General Meeting, April 3, 2012
- 2012-04-03 16:00 UTC
The Annual General Meeting approved the income statement and balance sheet for 2011.
The Annual General Meeting decided upon a dividend to shareholders of SEK 2.85 per share, and April 10, 2012 was decided as the record date for the dividend. With this record date, it is estimated that the dividend will be sent out from Euroclear on April 13, 2012.
The Annual General Meeting discharged the Board of Directors and the CEO from liability for the financial year 2011.
Ordinary members of the Board Maija-Liisa Friman, Ingrid Jonasson Blank, Anders Narvinger, Timo Peltola, Lars Renström, Jon Risfelt and Per-Arne Sandström were reelected. Olli-Pekka Kallasvuo was elected as a new ordinary member. Anders Narvinger was elected as Chairman of the Board.
The following Board remuneration was approved for the Board of Directors: to the Chairman, SEK 1,100,000 (unchanged) and to the other board members, elected by the Annual General Meeting, SEK 450,000 (unchanged) each. In addition, remuneration to the Chairman of the Board's Audit Committee of SEK 150,000 (unchanged) and of SEK 100,000 (unchanged) to each of the other members of the Audit Committee, and remuneration to the Chairman of the Board’s Remuneration Committee with SEK 55,000 (unchanged) and of SEK 35,000 (unchanged) to each of the other members of the Remuneration Committee, were approved.
It was decided that the number of auditors shall be one and PricewaterhouseCoopers AB was reelected until the end of the Annual General Meeting 2013. Remuneration to the auditors shall be paid as per invoice.
Kristina Ekengren (Swedish State), Kari Järvinen (Finnish State via Solidium Oy), Thomas Eriksson (Swedbank Robur Funds), Per Frennberg (Alecta) together with Anders Narvinger (Chairman of the Board of Directors) were elected to the Nomination Committee.
The Annual General Meeting decided to approve the proposal from the Board of Directors regarding guidelines for remuneration to the executive management.
The Annual General Meeting authorized the Board of Directors to carry out acquisitions of own shares at one or more occasions prior to the Annual General Meeting 2013 on Nasdaq OMX Stockholm and/or Nasdaq OMX Helsinki or in accordance with an offer to acquire shares directed to all shareholders, whereby a maximum of 10 percent of all shares in the company may be acquired.
The Annual General Meeting decided to implement a long-term incentive program 2012/2015 and hedging arrangements for the program. The program may include approximately 100 key persons.
TeliaSonera AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instrument Trading Act. The information was submitted for publication at 6 p.m.CET on April 3, 2012.