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STMicroelectronics (ticker: STM, exchange: New York Stock Exchange (.N))
News Release -
12-Mar-2003
STMicroelectronics' Shareholders Approve Cash Dividend Increase At Their Annual General Meeting Amsterdam, March 12, 2003 - STMicroelectronics N.V. (NYSE: STM) announced that its Annual General Shareholders' Meeting held here today approved the distribution of a cash dividend of $0.08 per share, twice the level of the prior year's dividend payment.
- Effective April 22, 2003, STMicroelectronics' shares will be quoted ex dividend on all exchanges on which they are listed (New York, Euronext Paris, and Milan).
- For holders of shares listed on Euronext Paris and the Milan Stock Exchange (Borsa Italiana) the payment date will coincide with the ex dividend date.
- For holders of shares listed on the NYSE, the payment date will be April 29, 2003. The record date for US shareholders will be April 24, 2003. Transfers between New York and European (Dutch) registered shares will be closed from April 17, 2003 through April 24, 2003.
About STMicroelectronics
STMicroelectronics, one of the world's three largest independent semiconductor suppliers, is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2002, the Company's net revenues were $6.32 billion and net earnings were $429.4 million. Further information on ST can be found at http://www.st.com. |
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STMicroelectronics
