P&O Nedlloyd to pay dividend to stockholders
Royal P&O Nedlloyd decided at its annual general meeting Thursday to pay a dividend of 1 euro ($1.28) per share to its existing shareholders.
The meeting was held as the future of the company was likely to be changed by A.P. Moller-Maersk’s announcement Wednesday that it intends to make a cash offer of 57 euros ($73) per ordinary share ex-dividend of Royal P&O Nedlloyd.
Royal P&O Nedlloyd also said that it has canceled its plan to appoint two new non-executive directors. It was due to nominate A.J. Scheepbouwer and Christine Morin-Postel to these positions.