7061 East Pleasant Valley Road, Independence, Ohio 44131 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
Information
Secretary-Treasurer
Merchandise
Communications
FELA
Events
Links
User Info

KCS holds annual meeting of stockholders, elects directors and announces stock dividends

(Source: Kansas City Southern press release, May 20, 2019)

KANSAS CITY, Mo. — Kansas City Southern (KCS) held its Annual Meeting of Stockholders on May 17, 2019 in Shreveport, Louisiana. With 89% of KCS’ outstanding common and preferred stock represented in person or by proxy at the Annual Meeting, the stockholders:

• elected Lydia I. Beebe, Lu M. Córdova, Robert J. Druten, Antonio O. Garza, Jr., David Garza-Santos, Mitchell J. Krebs, Henry J. Maier, Thomas A. McDonnell, and Patrick J. Ottensmeyer to serve on the KCS Board of Directors until the Annual Meeting of Stockholders in 2020;
• Ratified the Audit Committee’s selection of PricewaterhouseCoopers LLP as KCS’ independent registered public accounting firm for the year ending December 31, 2019;
• Approved an advisory vote on the 2018 compensation of the KCS named executive officers; and
• Approved a company proposal to amend KCS’s Amended and Restated Certificate of Incorporation to reduce the threshold stock ownership requirement for stockholders to call a special meeting.

In addition, at their meeting today, the Board of Directors declared a regular dividend of $0.25 per share on the outstanding KCS 4% Non-Cumulative Preferred stock. This dividend is payable on July 2, 2019, to stockholders of record at the close of business on June 10, 2019.

The Board of Directors also declared a regular dividend of $0.36 per share on the outstanding KCS common stock. This dividend is payable on July 3, 2019, to stockholders of record at the close of business on June 10, 2019.

Tuesday, May 21, 2019

Like us on Facebook at
Facebook.com/BLETNational

Sign up for BLET News Flash Alerts

© 1997-2019 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

Sign up for BLET
News Flash Alerts

DAILY HEADLINES

Precision pushback: How CSX is changing the railroad industry
KCS eyes energy opportunities in Mexico
Legislators resist “reckless” LNG rail tank car plan
GM stops paying for health insurance for striking workers as talks continue
GM strike could hurt unionized auto haulers first
Teamsters at Giant Food warehouse win raises, benefit increases, job security
Q&A: RRB financial reports
Get the latest labor news from the Teamsters

More Headlines