Printer Friendly

Report from Haldex AB's Annual General Meeting on April 11, 2006.

STOCKHOLM, Sweden -- Dividend

The General Meeting resolved in accordance with the Board of Directors' proposal, on a dividend of SEK 4.00 per share. April 18, 2006 was determined as the dividend record date.

Board of Directors

The General Meeting re-elected all seven Directors Sune Karlsson, Arne Karlsson, Kurt Palmgren, Bengt Stillstrom, Caroline Sundewall, Cecilia Vieweg and Lars Westerberg. The Meeting appointed Sune Karlsson as Chairman of the Board. Fees to the Board of Directors shall, as previous year, amount to a total of SEK 1,650,000 (including fees for committee work).


The General Meeting elected previous deputy Auditor Liselott Stenudd as Auditor and previous Auditor Olof Herolf as deputy Auditor for the period up to and including the next Annual General Meeting. Auditor Richard Roth and deputy Auditor Christine Rankin Johansson, elected at the Annual General Meeting 2003, remain at their respective assignments for the remaining term of office.

Nomination Committee

The General Meeting resolved that the Nomination Committee in the respect of the Annual General Meeting 2007 shall have four members and shall consist of one representative each of the four largest shareholders by votes. The names of theses four representatives and the names of the shareholders they represent, shall be announced no later than six months before the Annual General Meeting 2007 and shall be based on the shareholdings immediately prior to such announcement.

Amendments of the Articles of Association

The General Meeting resolved to amend the Articles of Association in accordance with the Board of Directors' proposal, in order to adapt them to the new Swedish Companies Act.

Acquisitions and Transfers of own Shares

Haldex (STO:HLDX) presently hold 231,470 own shares in the company corresponding to 1 per cent of all outstanding shares. The General Meeting resolved, in accordance with the Board's proposal, to authorize the Board of Directors to acquire and/or transfer own shares on one or more occasions until the Annual General Meeting 2007.

Acquisition of own shares shall be made on the Stockholm Stock Exchange and are limited insofar as the company' total holdings of own shares must not exceed 10 per cent of the total number of shares in the company. Transfer of own shares may either be made on the Stockholm Stock Exchange or in other manner, and may deviate from the preferential rights of the shareholders, for the purpose of financing possible future corporate acquisitions. Transfer of own shares shall be made at a price determined in close connection to the shares' quoted price at the time of the Board of Directors' resolution to transfer the shares.

Stockholm, April 11, 2006


The Board of Directors

This information was brought to you by Waymaker
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 12, 2006
Previous Article:TeliaSonera International Carrier Delivers Pioneering 622 Mb High-Speed Connection from Europe Over Russia to China.
Next Article:Cranes Software Announces the Release of NISA Version 14.0.

Related Articles
Haldex: DaimlerChrysler Chooses Alfdex, the New Environmental Solution for Cleaning of Crankcase Gases, for Their New Engine Platform.
New Head of Communication at Haldex.
Per Ericson new Head of Group HR in Haldex.
Haldex: Dana Has Filed for Chapter 11.
Annual General Meeting of PERGO AB (PUBL).
TeliaSonera's Annual General Meeting.
Information Published by RaySearch Laboratories AB (publ) from January 1, 2005 through June 19, 2006.
Haldex: The Nomination Committee's Proposal to the AGM 2007.
Thomas E. Schneider is the New Division Manager for Haldex Hydraulic Systems.
Report from Haldex AB's Annual General Meeting on April 12, 2007.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters