Konecranes board convenes 2011 annual general meeting
Konecranes Plc's board of directors has decided to convene the company's annual general meeting on March 31, 2011. The meeting will discuss proposals including dividend distribution and board composition.
The board of directors of Konecranes Plc has decided to convene the company's annual general meeting, which will be held on March 31, 2011. Several proposals concerning the company's future operations will be presented at the meeting.
The board proposes to the general meeting that a dividend of EUR 1.00 per share be distributed from the parent company's distributable earnings. This represents an increase from the previous year's dividend of EUR 0.90. The dividend will be paid to shareholders who are registered in the company's shareholder register on April 5, 2011. The payment date for the dividend is April 13, 2011.
Furthermore, the meeting will address proposals regarding the composition and remuneration of the board of directors, as well as the election of an auditor and their remuneration. The board's nomination and compensation committee proposes the re-election of current members Svante Adde, Kim Gran, Stig Gustavson, Tapani Järvinen, Matti Kavetvuo, Malin Persson, and Mikael Silvennoinen. Nina Kopola, responsible for Dynea Oy's European operations, is proposed as a new board member.
Proposals concerning the acquisition or acceptance as collateral of the company's own shares will also be presented. Additionally, proposals for a share issue and the issuance of special rights entitling to shares are suggested. A proposal regarding the transfer of the company's own shares will also be addressed.