Business Context and Reporting Period
This Form 6-K filing by STMicroelectronics N.V. covers the period ending March 28, 2002. The document primarily reports the outcomes of the Annual General Shareholders' Meeting held on this date. STMicroelectronics is identified as the world's third largest independent semiconductor company, with shares traded on the NYSE, Euronext Paris, and the Milan Stock Exchange.
Key Financial Metrics
The filing references historical financial data for the fiscal year 2001 but does not provide specific metrics for the current quarter or year-to-date 2002.
- 2001 Net Revenues: $6.36 billion
- 2001 Net Earnings: $257.1 million
- Dividend Declaration: $0.04 per share
- Dividend Record Date (NYSE): April 24, 2002
- Dividend Payment Date: April 29, 2002
The filing text does not provide a clear value for current period revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The filing does not report material changes in financial performance compared to prior periods. The primary material events are corporate governance actions and the declaration of a dividend consistent with the previous year's payment.
Guidance, Outlook, and Management Commentary
The document contains no forward-looking guidance, revenue outlook, or specific management commentary regarding future market conditions. The text focuses on the successful approval of shareholder resolutions, including:
- Re-appointment of the Supervisory Board members for a three-year term expiring in 2005.
- Re-appointment of Pasquale Pistorio as President and CEO for a three-year term.
- Re-appointment of PricewaterhouseCoopers as auditors for a three-year term.
- Appointment of Bruno Steve as Chairman and Jean-Pierre Noblanc as Vice Chairman of the Supervisory Board.
Investor Verification Checklist
- Verify the ex-dividend date of April 22, 2002, for trading purposes on all listed markets.
- Confirm the dividend payment date of April 29, 2002, for cash flow planning.
- Review the 2001 Annual Report (Form 20-F) for detailed financial statements, as this 6-K only summarizes 2001 totals.
- Monitor subsequent filings for Q1 2002 operational results, as this document contains no 2002 performance data.