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Globe Newswire 21-Mar-2024 7:40 PM
STMicroelectronics Reports on Resolutions to be Proposed
at the 2024 Annual General Meeting of Shareholders
Amsterdam, March 22, 2024 - STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the resolutions to be submitted for adoption at the Annual General Meeting of Shareholders (AGM) which will be held in Amsterdam, the Netherlands, on May 22, 2024.
The resolutions, proposed by the Supervisory Board, are:
The record date for all shareholders to participate at the Annual General Meeting of Shareholders will be April 24, 2024. The complete agenda and all relevant detailed information concerning the 2024 AGM, as well as all related AGM materials, are available on the Company's website (www.st.com) and made available to shareholders in compliance with legal requirements as of March 21, 2024.
As for rule amendments from the Securities and Exchange Commission (SEC) and conforming FINRA rule changes, beginning on May 28, 2024, on US market the new standard for settlement will become the next business day after a trade or t+1. European settlement rule will remain at t+2.
The table below summarizes the full schedule for the quarterly dividends:
Transfer between New York and Dutch registered shares restricted: | ||||||||
In Europe | in NYSE | |||||||
Quarter | Ex-dividend Date | Record Date | Payment Date | Ex-dividend and Record Date | Payment Date: on or after | From End of Business in NY on: | Until Open of Business in NY on: | |
Q2 2024 | 24-Jun-24 | 25-Jun-24 | 26-Jun-24 | 25-Jun-24 | 2-Jul-24 | 21-Jun-24 | 26-Jun-24 | |
Q3 2024 | 23-Sep-24 | 24-Sep-24 | 25-Sep-24 | 24-Sep-24 | 1-Oct-24 | 20-Sep-24 | 25-Sep-24 | |
Q4 2024 | 16-Dec-24 | 17-Dec-24 | 18-Dec-24 | 17-Dec-24 | 27-Dec-24 | 13-Dec-24 | 18-Dec-24 | |
Q1 2025 | 24-Mar-25 | 25-Mar-25 | 26-Mar-25 | 25-Mar-25 | 1-Apr-25 | 21-Mar-25 | 26-Mar-25 |
About STMicroelectronics
At ST, we are over 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are committed to achieving our goal to become carbon neutral on scope 1 and 2 and partially scope 3 by 2027. Further information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel: +41.22.929.58.12
celine.berthier@st.com
MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: + 33 6 59 16 79 08
alexis.breton@st.com
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