StockWatch
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Steel/Iron Ore
AGM/EGMMay 12, 2026, 04:24 PM

Ternium Shareholders Approve $0.22/Share Annual Dividend

AI Summary

Ternium S.A. held its Annual General Meeting of Shareholders on May 12, 2026, where several key resolutions were adopted. Shareholders approved the company's 2025 annual report and consolidated financial statements. An Annual Dividend of $0.22 per share ($2.20 per ADS) was approved, with a balance of $0.13 per share ($1.30 per ADS) payable on May 15, 2026. The meeting also re-elected all eight members of the Board of Directors, approved their compensation for 2026, and appointed PricewaterhouseCoopers Assurance as independent auditors. Additionally, the authorization for share repurchases was renewed.

Key Highlights

  • Shareholders approved an Annual Dividend of $0.22 per share ($2.20 per ADS).
  • A Dividend Balance of $0.13 per share ($1.30 per ADS) is payable on May 15, 2026.
  • Total dividend distribution amounts to $255 million, net of treasury shares.
  • All eight members of the Board of Directors were re-elected.
  • Board members will receive $115,000 compensation for 2026, with additional fees for the Chairman and Audit Committee members.
  • PricewaterhouseCoopers Assurance was appointed as independent auditors for fiscal year 2026.
  • Authorization for the company and its subsidiaries to purchase or acquire company securities was renewed.