Home / Knowledge / News / Textiles / Technip declares cash dividend of €1.85/share
Technip declares cash dividend of €1.85/share
26
Apr '14
Technip’s shareholders met for the Group’s 2014 Combined Annual General Meeting and approved the decisions put forth.
 
Decisions:
- Technip’s statutory and consolidated financial statements for the full year 2013,
- Allocation of 2013 earnings with a cash dividend of €1.85 per share to be paid on May 7, 2014,
- Authorization for the Board of Directors to repurchase Company shares within a maximum limit of 8% of the share capital,
- Authorization for the Board of Directors to increase the share capital with and without preferential subscription rights,
- authorization for the Board of Directors to allocate performance shares (up to a limit of 0.3% of the share capital) and to grant stock options for the purchase or subscription of shares (up to a limit of 0.5% of the share capital) to Technip’s employees, the Chairman and Chief Executive Officer and the Group’s principal executives,
- Authorization for the Board of Directors to increase the share capital, with a maximum limit of 1.5% of the share capital) in favor of employees of the Technip Group.
 
Technip is a world leader in project management, engineering and construction for the energy industry. From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, our 40,000 people are constantly offering the best solutions and most innovative technologies to meet the world’s energy challenges.
 
Present in 48 countries, Technip has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction.
 

Technip

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eric Scholler
Groz-Beckert

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search