SES GLOBAL Shareholders at Annual General Meeting Approve Year 2005 Accounts and Increased Dividend of EUR 0.40 Per Share.BETZDORF, Luxembourg Betzdorf (Luxembourgish: Betzder) is a commune and village in eastern Luxembourg. It is part of the canton of Grevenmacher, which is part of the district of Grevenmacher. The commune's administrative centre is Berg. -- At their Annual General Meeting (AGM AGM annual general meeting AGM n abbr (= annual general meeting) → AG f AGM n abbr (= annual general meeting) → JHV f ) held in Betzdorf, Luxembourg, today, shareholders of SES GLOBAL S.A. (PINK SHEETS:SGBAF)(BOURSE bourse (b  rs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. :SESG SESG Systems Engineering Steering GroupSESG Software Engineering Support Group SESG System Engineering Sub-Group )(LuxX:SESG) approved all resolutions put to the meeting. The AGM notably approved the Company's 2005 accounts and the proposed dividend of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 0.40 per A-share, which will be paid to shareholders and holders of SES GLOBAL FDRs on April 12th, 2006. In 2005, SES GLOBAL achieved excellent returns for its investors and made significant progress in delivering shareholder value, as the Group recorded revenues of EUR 1,258 million, achieved a net profit of EUR 382 million, successfully launched 2 new satellites and initiated 3 new satellite procurement programs. The company also moved closer to its targeted optimal leverage, having successfully executed a EUR 517 million share buyback and cancellation programme and announcing the USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1.1 billion acquisition of New Skies Satellites which was successfully completed on March 30th, 2006. About SES GLOBAL www.ses-global.com SES GLOBAL (PINK SHEETS:SGBAF)(BOURSE:SESG)(LuxX:SESG) wholly owns three market-leading satellite operators, SES ASTRA in Europe, SES AMERICOM in the US and New Skies Satellites in regions other than North America and Europe. The Company also holds strategic participations in AsiaSat in Asia, Star One in Latin America and SES Sirius in Europe. Americom Government Services provides network solutions and bandwidth to the US government and its contractors. SES GLOBAL provides outstanding satellite communications solutions via a fleet of 43 satellites across the globe. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion