Vivendi (Paris:VIV) held its General Shareholders' Meeting today. A quorum of 54.04% was achieved, the highest level since 2009. Over 1,500 people attended the meeting.
Shareholders approved the ten proposed resolutions by a very large majority, between 94.62% and 99.60%, and in particular:
-The allocation of net income for 2011 and the amount of the dividend
-The renewal of Mr Jean-René Fourtou and Mr Philippe Donnet as members of the Supervisory Board.
These votes illustrated shareholder confidence in Vivendi.
The best emotions, digitally
Vivendi is at the heart of the worlds of content, platforms and interactive networks.
Vivendi combines the world leader in video games (Activision Blizzard), the world leader in music (Universal Music Group), the French leader in alternative telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom Group), the leading alternative broadband operator in Brazil (GVT) and the French leader in pay-TV (Canal+ Group).
In 2011, Vivendi achieved revenues of €28.8 billion and adjusted net income of €2.95 billion. The Group has over 58,300 employees.