Home / Knowledge / News / Apparel/Garments / IC Companys to buyback 10% of share capital
IC Companys to buyback 10% of share capital
26
Sep '13
IC Companys A/S held its Annual General Meeting with the following resolutions being passed:

The Annual Report for the period 1 July 2012 - 30 June 2013 was approved by the shareholders and the proposal to pay a dividend of DKK 2.00 per eligible share was adopted.

Niels Martinsen, Henrik Heideby, Ole Wengel, Per Bank, Anders Colding Friis and Annette Brøndholt Sørensen were re-elected to the Board of Directors.

The proposed remuneration to be paid to the members of the Board of Directors for the current financial year was adopted.

The total remuneration will be DKK 2,885,000, of which DKK 375,000 constitutes separate remuneration to the Audit Committee and DKK 185,000 constitutes separate remuneration to the Remuneration Committee. The proposed remuneration is thus unchanged compared to the financial year 2012/13.

PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab was elected as auditors of the Company.

The Board of Directors was authorised for the period until the next Annual General Meeting to allow the Company to acquire own shares representing up 10% of the share capital and at a price deviating by no more than 10% from the listed price at the time of the acquisition.

The Company’s revised Remuneration Policy was adopted.

After the Annual General Meeting, the Board of Directors appointed Niels Martinsen as Chairman and Henrik Heideby and Anders Colding Friis as Deputy Chairmen.

IC Companys


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search