StatoilHydro ASA annual general meeting was held on Tuesday 20 May 2008.
The AGM 2008 was held in StatoilHydro's office at Forus, outside Stavanger, Norway. (Photo: Markus Johansson, BitMap)
The proposal for the allocation of net income, including distribution of a total dividend of NOK 8.50 per share, NOK 4.30 per share of which is special dividend, was adopted.
The dividend applies to those who were shareholders on 20 May 2008 with payments starting on 30 May 2008.
The ordinary general meeting approved the nomination committee`s proposal of new members to the corporate assembly and nomination committee.
The ordinary general meeting approved the board`s declaration on remuneration for top management. It also approved the compensation to the company`s auditor, the corporate assembly and the nomination committee.
The ordinary general meeting also authorised the board to repurchase own shares for implementation of the employee share saving plan in accordance with the board`s proposal.
See the complete stock market announcement and the minutes of meeting attached below.
