Philip Morris International Inc. Increases Dividend by 2% to an Annualized Rate of $4.08 per Share; Adopts Proxy Access Bylaw
15 Setembro 2015 - 10:47PM
Business Wire
Regulatory News:
The Board of Directors of Philip Morris International Inc.
(NYSE/Euronext Paris:PM), today increased the company’s regular
quarterly dividend by 2% to an annualized rate of $4.08 per
share.
The new quarterly dividend of $1.02 per share, up from $1.00 per
share, is payable on October 14, 2015, to stockholders of record as
of September 30, 2015. The ex-dividend date is September 28, 2015.
For more details on stock, dividends and other information, see
www.pmi.com/investors.
The company also announces that the Board of Directors has
amended the company’s bylaws to enable eligible shareholders, who
have owned three or more percent of the company’s shares for at
least three years, to nominate and include in the company’s proxy
statement director candidates to occupy up to 20% of the available
Board seats. The amended bylaws will be made available promptly on
the company’s website.
Louis C. Camilleri, Chairman of the Board, said: “The Board
decided to take this proactive step to grant proxy access to
eligible long-term shareholders as part of its commitment to strong
corporate governance practices. We will continue to maintain a
diverse and dynamic Board of the highest caliber that can best
perpetuate the success of our business and represent the long-term
interests of our shareholders through the exercise of sound
business judgment.”
Philip Morris International
Inc.
Philip Morris International Inc. (PMI) is the leading
international tobacco company, with six of the world’s top 15
international brands, including Marlboro, the number one cigarette
brand worldwide. PMI’s products are sold in more than 180 markets.
In 2014, the company held an estimated 15.6% share of the total
international cigarette market outside of the U.S., or 28.6%
excluding the People’s Republic of China and the U.S. For more
information, see www.pmi.com.
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