Declared Regular Quarterly Dividend
PURCHASE, N.Y.--(BUSINESS WIRE)--
Mastercard Incorporated (NYSE:MA) announced the results of its annual
meeting of stockholders, held today at the company's global headquarters.
At the meeting:
-
The full slate of 12 directors was elected for a one-year term, to
expire at the next annual meeting of stockholders
-
The compensation for the company’s executive officers was approved on
an advisory basis. Stockholders also voted to continue this review
annually
-
The appointment of PricewaterhouseCoopers, LLP as the company's
independent registered public accounting firm for 2016 was ratified
-
The material terms of the performance goals under the company’s Long
Term Incentive Plan were approved
-
Stockholders did not approve the proposal on gender pay equity
reporting
During the meeting, Ajay Banga, president and CEO of Mastercard,
addressed stockholders, noting, “Our sustained performance means many
things. It’s about having products and solutions that our customers and
consumers want. It’s about having the right relationships across the
globe. And, it’s about delivering on our commitment to drive value back
to our shareholders, while also delivering value to society, including
our efforts around financial inclusion and inclusive growth.”
The Board of Directors also declared a cash dividend of $0.22 per share,
payable on August 9, 2017, to holders of record of its Class A common
stock and Class B common stock as of July 7, 2017.
About Mastercard
Mastercard (NYSE:MA), www.mastercard.com,
is a technology company in the global payments industry. We operate the
world’s fastest payments processing network, connecting consumers,
financial institutions, merchants, governments and businesses in more
than 210 countries and territories. Mastercard products and solutions
make everyday commerce activities – such as shopping, traveling, running
a business and managing finances – easier, more secure and more
efficient for everyone. Follow us on Twitter @MastercardNews,
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View source version on businesswire.com: http://www.businesswire.com/news/home/20170627006557/en/
Source: Mastercard Investor Relations