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Josep Piqué Camps and William Connelly have also been appointed as independent members of the Board.
Amadeus IT Group’s Annual General Meeting (AGM) approved this morning a final dividend of €1.175 per share for the year 2018. An interim dividend of 0.51 euros was already paid in January this year as part of the allocation of profits obtained during 2018, completed now by a dividend of €0.665 per share. The complementary dividend will be paid on July 12, 2019 (ex-date July 10).
The AGM also approved a reduction of the share capital of the company for an amount of 75,540.70 euros through the redemption of 7,554,070 shares (representative of 1,721% of the company’s share capital at the time of the AGM). These shares were until now held as treasury stock, and had been acquired for their redemption under a Share Buyback Programme approved by the Board of Directors in December 2017.
Appointment and re-election of Directors
The number of seats at the Board was increased from 11 to 13. Upon a proposal from the Nominations and Remuneration Committee, the shareholders’ meeting appointed Mr. Josep Piqué Camps and Mr. William Connelly as independent Directors for a three years term. The AGM also decided this morning to re-elect for an additional period of one year all those Directors whose term expired on the date of the AGM.