Telecom Argentina Stet – France Telecom (TEO) has released an update.
Telecom Argentina Stet – France Telecom held its Shareholders’ Meeting, passing resolutions including the approval of financial documents, allocation of retained earnings, and authorization of dividend distribution up to US$ 100 million under certain conditions. The meeting saw the election of both regular and alternate directors, with the board now comprised of independent and non-independent members as per regulatory standards. Compensation for board and committee members was approved, with provisions for advance payments in the next fiscal year.
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