ABB shareholders approve all board proposals

All board members re-elected for another term; dividend raised to 0.65 Swiss francs

Zurich, Switzerland, April 26, 2012 – Shareholders of ABB, the leading power and automation technology group, have approved all proposals submitted by the Board of Directors to the company's annual general meeting in Zurich today.

They re-elected all eight members of the board for another annual term. The board intends to reappoint Hubertus von Grünberg as its chairman.

Shareholders voted to raise the dividend to 0.65 Swiss francs per share for 2011 from 0.60 francs in the previous year. They also approved the annual report, the consolidated financial statements and the annual financial statements for 2011.
A total of 1,000 shareholders attended the annual general meeting and 61.4 percent of the total share capital was represented.

ABB ( ) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 135,000 people.

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    • Media Relations
      ABB Corporate Communications, Zurich
      Thomas Schmidt, Antonio Ligi
      Phone: +41 43 317 65 68
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