LyondellBasell Industries NV (LYB) Message Board

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Gold/Mining/Energy : LyondellBasell Industries NV (LYB)

LYB 46.72

-1.9%

Oct 29 3:59 PM EDT

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From: Savant	2/13/2013 9:04:11 AM
	of 98

LyondellBasell authorizes interim dividend of $0.40 per share; Board to seek shareholder approval for share repurchases Co announced that its Supervisory Board has authorized the company's Management Board to declare an interim dividend of $0.40 per share to be paid March 18, 2013 to shareholders of record on Feb. 25, 2013, subject to the adoption of a resolution by the Management Board, which is expected to occur Feb. 25, 2013. Co also announced that its Supervisory Board intends to seek shareholder approval at the May 22, 2013 Annual General Meeting of Shareholders for authorization to conduct share repurchases. Under Dutch law, companies generally may only repurchase shares with the authorization of shareholders. The request to shareholders is for authorization for a period of 18 months to purchase up to 10 percent of outstanding shares.

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