Annual General Meeting in Skanska AB
The following resolutions were made at Skanska AB’s Annual General Meeting held in Stockholm today, inter alia:
The dividend for 2014 was approved in accordance with the Board’s proposal a dividend of SEK 6.75 per share. The record date for the dividend is April 13, 2015.
The Annual General Meeting re-elected Stuart E Graham, John Carrig, Johan Karlström, Fredrik Lundberg, Nina Linander and Charlotte Strömberg. Pär Boman and Jayne McGivern were elected as new Board members.
Stuart E Graham was re-elected Chairman of the Board.
Further the Annual General Meeting approved the following Board fees:
Chairman of the Board: 1,950,000 SEK
Board members: 650,000 SEK
Members and the Chairman of the Compensation Committee: 100,000 SEK
Chairman of the Audit Committee: 150,000 SEK
Members of the Audit Committee: 125,000 SEK
Chairman and members of the Project Review Committee: 200,000 SEK
The Meeting re-elected KMPG as auditor, the auditor in charge will be George Pettersson.
The Meeting approved the Board’s proposal for principles for salaries and other remuneration to senior executives.
The Meeting resolved to authorize the Board during the period until the next Annual General Meeting to acquire not more than 4,500,000 own B shares. The intention is to secure delivery of shares to the participants in the long-term share-savings program, which was approved by the Shareholders’ meeting on April 11, 2013 (Seop 2014 – 2016).
The meeting resolved that not more than 763,000 Series B Shares in Skanska AB that have been purchased by virtue of previous authorizations to repurchase own shares, prior to the annual general meeting 2016, be transferred for the purpose of covering certain costs, that may occur in relation to the long-term employee ownership program, resolved by the annual shareholders meeting on April 13, 2010 (Seop 2011 – 2013).