For its Annual General Meeting this year, Safran welcomed shareholders to the Espace Grande Arche venue in the La Défense district just west of Paris. The meeting was presided by Ross McInnes, Chairman of the Board of Directors, with Philippe Petitcolin, Chief Executive Officer, and Bernard Delpit, Chief Financial Officer, presenting the Group's activities and 2016 results, along with its outlook for 2017, especially Safran's planned acquisition of Zodiac Aerospace. Speakers then fielded questions from shareholders during a Q&A session. The AGM closed with a vote on the resolutions, including approval of a dividend of €1.52/share for 2016, with an advance payment of €0.69/share in December 2016, and a balance of €0.83/share, to be paid as from June 21, 2017.
At the end of the Annual General Meeting, each shareholder received two general public invitations to the Paris Air Show, to be held from June 19 to 25. You can find full information on Safran's participation in this major event by clicking here.
To see the press release on the AGM, click here.
To see the results of the votes on the resolutions, click here.