All board members re-elected for another term; dividend raised to 0.65 Swiss francs
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 (www.abb.com ) 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.