ABB - ABB shareholders pass all proposals at annual meeting

ABB ([[ABB]] -0.8%) shareholders supported the proposed distribution of a dividend of CHF0.80 per share with 99.4% of the votes. The dividend payment in Switzerland is planned for March 31, 2021. The shareholders also approved the management report, the consolidated financial statements and the annual financial statements for 2020 with 99.4% of the votes.Peter Voser was confirmed as Chairman of ABB's Board of Directors with 92.9% of the votes. With the exception of Matti Alahuhta, who as announced earlier did not stand for re-election, all other members of the Board were re-elected for another term: Jacob Wallenberg, Gunnar Brock, David Constable, Frederico Fleury Curado, Lars Förberg, Jennifer Xin-Zhe Li, Geraldine Matchett, David Meline and Satish Pai.A capital reduction through the cancellation of shares repurchased under ABB's share buyback program announced in July 2020 was supported with 98.4%. Shareholders also approved in a binding vote with 98.4% the maximum aggregate compensation

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ABB shareholders pass all proposals at annual meeting