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18 April 2012

STMicroelectronics Reports on Main Resolutions to be Proposed at the 2012 Annual General Meeting of Shareholders

India - STMicroelectronics (NYSE: STM) has announced the main resolutions to be submitted for shareholder approval at the Company’s Annual General Meeting which will be held in Amsterdam on May 30, 2012.
The main resolutions, proposed by the Supervisory Board, include:
•           The appointment of Ms. Martine Verluyten  as a new member of the Supervisory Board for a three-year term, expiring at the 2015 Annual General Meeting, in replacement of Mr. Doug Dunn  whose mandate will expire;
•           Approval of the Company's 2011 accounts reported in accordance with International Financial Reporting Standards (IFRS); and
•           The distribution of a cash dividend of US$0.40 per share, to be paid in four equal quarterly installments, as further explained below, remains unchanged with respect to last year’s dividend. The proposed dividend equals a 5.8% yield on the Company’s share price at closing on April 13, 2012 on the NYSE.
The record date for all shareholders to participate at the Annual General Meeting will be May 2, 2012. The complete agenda and all relevant detailed information concerning the STMicroelectronics N.V. Annual General Meeting, as well as all related AGM materials, will be available on the Company’s web site ( and made available to shareholders in compliance with legal requirements.
As indicated above, the resolution proposed by the Supervisory Board foresees the distribution of a cash dividend of US$0.40 per share, to be paid in four equal quarterly installments in June, August and December 2012 and February 2013 to shareholders of record in the month of each quarterly payment. The first payment date will be on June 7, 2012 for the European Stock Exchanges and on June 12, 2012 for the NYSE. (For additional details on the dividend payment and ex-dividend dates, please refer to the table below).
The table below summarizes the full schedule for the four installments for the dividend:
Ex-dividend Date (globally)
Global Record Date
Payment Date in Europe
NYSE Payment Date: on or after
Transfer between New York and Dutch registered shares restricted:
From End of Business in Europe on:
Until Open of Business in NY on:
Q2 2012
Q3 2012
Q4 2012
Q1 2013
(15-Feb-13 in NY)**
*Since the Annual General Meeting will be held on May 30, 2012, the Company will be unable to both set the ex-dividend date for, and to pay, the first dividend installment in May according to the usual schedule, and has therefore resolved, in coordination with the stock exchange and with a view to ensuring the appropriate functioning of the market for its shares from a substantive standpoint, to pay such installment on June 7, 2012 with an ex-dividend date on June 4, 2012. Other than indicated in the table, the ex-dividend and payment dates for the subsequent installments are consistent with the usual schedule.
**February 18, 2013 is not a trading day on the New York Stock Exchange.
About STMicroelectronics
ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power technologies and multimedia convergence applications. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented.
In 2011, the Company’s net revenues were $9.73 billion. Further information on ST can be found at

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