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Geneva, April 2, 2008 – STMicroelectronics (NYSE: STM)
has reported the details concerning the record dates and payment
dates for the dividend proposed by ST’s Supervisory Board to the
Company’s Annual General Meeting, which will be held in Amsterdam
on May 14, 2008.
As indicated in a press release issued earlier today, the resolution
proposed by the Supervisory Board foresees the distribution of a cash
dividend of US$0.36 per share, to be paid in four equal quarterly installments
in May, August and November 2008 and February 2009 to shareholders of
record in the month of each quarterly payment.
If approved, for the first installment, the Company's common shares
will trade ex-dividend on the three stock exchanges on which they are
listed, on Monday May 19, 2008. For holders of shares listed on Euronext
Paris and the Milan Stock Exchange (Borsa Italiana), Monday, May 19,
2008 will also be the payment date. For holders of shares listed on
the New York Stock Exchange, the record date will be Wednesday, May
21, 2008, and the payment date will be on or after Tuesday, May 27,
2008. Transfers between New York and European (Dutch) registered shares
will be closed from the end of business in Europe on Friday, May 16,
2008, until the open of business in New York on Thursday, May 22, 2008.
The table below summarizes the full schedule for the four installments:
Quarter |
Ex-dividend Date (globally |
Payment Date in Europe |
Record Date for NYSE |
NYSE Payment Date: on or after |
Transfer between New York and Dutch registered shares restricted: |
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From end of business in Europe on: |
Until open of business in NY on: |
Q2 2008 |
19-May-08 |
19-May-08 |
21-May-08 |
27-May-08 |
16-May-08 |
22-May-08 |
Q3 2008 |
18-Aug-08 |
18-Aug-08 |
20-Aug-08 |
26-Aug-08 |
15-Aug-08 |
21-Aug-08 |
Q4 2008 |
24-Nov-08 |
24-Nov-08 |
26-Nov-08 |
2-Dec-08 |
21-Nov-08 |
27-Nov-08 |
Q1 2009 |
23-Feb-09 |
23-Feb-09 |
25-Feb-09 |
3-Mar-09 |
20-Feb-09 |
26-Feb-09 |
About STMicroelectronics
STMicroelectronics is a global leader in developing and delivering semiconductor
solutions across the spectrum of microelectronics applications. An unrivalled
combination of silicon and system expertise, manufacturing strength,
Intellectual Property (IP) portfolio and strategic partners positions
the Company at the forefront of System-on-Chip (SoC) technology and
its products play a key role in enabling today’s convergence markets.
The Company’s shares are traded on the New York Stock Exchange,
on Euronext Paris and on the Milan Stock Exchange. In 2007, the Company’s
net revenues were $10 billion. Further information on ST can be found
at www.st.com.
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