|By Marketwired .||
|May 7, 2014 04:00 PM EDT||
LUXEMBOURG -- (Marketwired) -- 05/07/14 -- The annual general meeting of shareholders of Ternium S.A. (NYSE: TX), which was held today in Luxembourg, approved all resolutions on its agenda.
Among other resolutions adopted at the meeting, the shareholders approved the consolidated financial statements and unconsolidated annual accounts for the year ended December 31, 2013 and the proposed dividend of US$0.075 per share (US$0.75 per ADS), or approximately US$150.4 million. Ternium will pay the dividend on May 16, 2014, and the corresponding record date will be May 13.
The shareholders meeting also re-elected Ubaldo Aguirre, Roberto Bonatti, Carlos Condorelli, Pedro Pablo Kuczynski, Adrian Lajous, Bruno Marchettini, Gianfelice Mario Rocca, Paolo Rocca and Daniel Agustín Novegil as members of the board of directors to serve until the next annual shareholders meeting that will be convened to decide on the 2014 accounts, and re-appointed PricewaterhouseCoopers, Societé coopérative, Cabinet de révision agréé, as Ternium's independent auditor for the 2014 fiscal year.
The board of directors subsequently re-appointed Paolo Rocca as its chairman and Daniel Novegil as Ternium's chief executive officer, and confirmed Ubaldo Aguirre, Pedro Pablo Kuczynski and Adrián Lajous as members of the board's audit committee, with Mr. Aguirre to continue chairing that committee. All three members of the audit committee qualify as independent directors under our articles of association.
For a summary of the resolutions adopted at the meetings, please see the report on Form 6-K submitted to the U.S. Securities and Exchange Commission, available through http://www.sec.gov/.
Ternium is a leading steel producer in Latin America, with an annual production capacity of approximately 10.9 million tons of finished steel products. The company manufactures and processes a broad range of value-added steel products for customers active in the construction, automotive, home appliances, capital goods, container, food and energy industries. With production facilities located in Mexico, Argentina, Colombia, the southern United States and Guatemala, Ternium serves markets in the Americas through its integrated manufacturing system and extensive distribution network. In addition, Ternium participates in the control group of Usiminas, a Brazilian steel company. More information about Ternium is available at www.ternium.com.
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Oct. 23, 2016 04:45 PM EDT Reads: 2,389
Oct. 23, 2016 04:30 PM EDT Reads: 1,300
Oct. 23, 2016 04:30 PM EDT Reads: 793
Oct. 23, 2016 04:15 PM EDT Reads: 1,471
Oct. 23, 2016 03:30 PM EDT Reads: 1,470
Oct. 23, 2016 03:30 PM EDT Reads: 1,515
Oct. 23, 2016 03:15 PM EDT Reads: 1,533
Oct. 23, 2016 03:15 PM EDT Reads: 1,573
Oct. 23, 2016 03:00 PM EDT Reads: 34,025
Oct. 23, 2016 02:30 PM EDT Reads: 1,361
Oct. 23, 2016 02:15 PM EDT Reads: 768
Oct. 23, 2016 02:15 PM EDT Reads: 1,317
Oct. 23, 2016 02:00 PM EDT Reads: 4,445
Oct. 23, 2016 01:00 PM EDT Reads: 1,780
Oct. 23, 2016 12:45 PM EDT Reads: 973