The ordinary general meeting in StatoilHydro ASA (OSE: STL, NYSE: STO) resolved on 20 May 2008 to adopt the annual report and accounts for StatoilHydro ASA and the Statoil group for 2007, as proposed by the board of directors.
The proposal for the allocation of net income, including distribution of a total dividend of NOK 8.50 per share, NOK 4.30 per share of which is special dividend, was also adopted. The dividend applies to those who were shareholders on 20 May 2008 with payments starting on 30 May 2008.
StatoilHydro`s shares listed on the Oslo Stock Exchange (Oslo Børs) will be traded ex dividend as of 21 May 2008, including American Depository Shares (ADS) listed on the New York Stock Exchange.
The ordinary general meeting approved the nomination committee's proposal of new members to the corporate assembly and nomination committee.
The ordinary general meeting approved the board`s declaration on remuneration for top management. It also approved the compensation to the company's auditor, the corporate assembly and the nomination committee.
The ordinary general meeting also authorised the board to repurchase own shares for implementation of the employee share saving plan in accordance with the board`s proposal.
See the complete minutes of the ordinary general meeting.
Contacts:
Media:
Ola Morten Aanestad, vice president for media relations:
StatoilHydro`s shares listed on the Oslo Stock Exchange (Oslo Børs) will be traded ex dividend as of 21 May 2008, including American Depository Shares (ADS) listed on the New York Stock Exchange.
The ordinary general meeting approved the nomination committee's proposal of new members to the corporate assembly and nomination committee.
The ordinary general meeting approved the board`s declaration on remuneration for top management. It also approved the compensation to the company's auditor, the corporate assembly and the nomination committee.
The ordinary general meeting also authorised the board to repurchase own shares for implementation of the employee share saving plan in accordance with the board`s proposal.
See the complete minutes of the ordinary general meeting.
Contacts:
Media:
Ola Morten Aanestad, vice president for media relations:
+ 47 48 08 02 12 (mobile), +47 51 99 13 77 (office)
Investor relations:
Lars Troen Sørensen, senior vice president for IR:
+ 47 90 64 91 44 (mobile), +47 51 99 77 90 (office)
Investor relations:
Lars Troen Sørensen, senior vice president for IR:
+ 47 90 64 91 44 (mobile), +47 51 99 77 90 (office)
Geir Bjørnstad, vice president, US investor relations:
+1 203 978 69 50
+1 203 978 69 50
