Yara International ASA: AGM and new buy-back program, on 10 May 2016
18.04.2016 | Globenewswire Europe
Oslo, 18 April 2016: Yara International ASA will hold its Annual General Meeting on Tuesday 10 May at 17:00 CEST at Drammensveien 131, Oslo. The Nomination Committee proposes the re-election of all current Board members, and the Board asks the General Meeting to authorize a new share buy-back program.The Board proposes that the existing share buy-back program is replaced by a new program, authorizing the Board to acquire up to 5% of Yara's shares before the next Annual General Meeting. Shares may be purchased within a price range of NOK 10 to NOK 1,000. Any shares acquired under the proposed program shall be subsequently cancelled, and Yara has entered into a new agreement with the Norwegian State to redeem shares on a pro-rata basis so that the State's ownership is unchanged.
The complete notice of the Annual General Meeting will be distributed to Yara's registered shareholders and is also available on Yara's website:
http://www.yara.com/investor_relations/index.aspx
The Yara International ASA share will be traded ex dividend from Wednesday 11 May 2016.
Contact
Thor Giæver, Investor Relations
Telephone: (+47) 24 15 72 95
Cellular: (+47) 48 07 53 56
E-mail: thor.giaver@yara.com
Esben Tuman, Media Relations
Cellular: (+47) 90 50 84 00
E-mail: esben.tuman@yara.com
About Yara
Yara's knowledge, products and solutions grow farmers', distributors' and industrial customers' businesses profitably and responsibly, while nurturing and protecting the earth's resources, food and environment.
Our fertilizers, crop nutrition programs and technologies increase yields, improve product quality and reduce the environmental impact of agricultural practices. Our industrial and environmental solutions improve air quality by reducing emissions from industry and transportation, and serve as key ingredients in the production of a wide range of goods. We foster a culture that promotes the safety of our employees, contractors and societies.
Founded in 1905 to solve emerging famine in Europe, today, Yara has a worldwide presence, with close to 13,000 employees and sales to more than 150 countries.
www.yara.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Statement on remuneration of executive management
Proposal from the Nomination Committee
Notice of Annual General Meeting
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Source: Yara International ASA via Globenewswire, HUG#2004188