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Faurecia: AGM votes change to European Company

(CercleFinance.com) - Faurecia has announced that its AGM on Tuesday has adopted all resolutions, including the project to transform the automotive equipment supplier into a European company (SE).


The group has said that this transformation of its legal status will be effective once the negotiation regarding the establishment and functioning of the European Company committee has been completed.

The AGM approved the payment of a gross dividend of 1.10 euro per share, which will be paid on 5 June after the coupon's detachment on 1 June and ratified the co-optation of Valérie Landon as a director.

The AGM approved the distribution of a gross dividend of 1.10 euro per share, to be paid in cash on 5 June - the ex-coupon date will be 1 June 2018.


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