The tone was set early as EADS' French co-Chairman Arnaud Lagardere was interrupted by a shouting shareholder before he had finished his opening remarks.
“Sir, you will have the chance to ask questions and receive answers later in the meeting,” Lagardere said.
“If you want to reduce your work force, you should start with yourself,” said Errol Keyner, representing the Dutch shareholders' organization VEB. “One CEO, one chairman, that's how you lead by example.”
“Sometimes I feel that the competition between the A350 and Boeing's 787 is already lost,” said a woman who identified herself as Miriam Lange.
Shareholders approved a 0.12 euros ($0.16) dividend at the meeting, down from 0.65 euros last year, and a motion allowing the company to issue new shares if need be.
But “we feel a capital increase is not necessary at this time,” Lagardere said. “We feel it's the worst way” to raise money.
|Quoting ContnlEliteCMH (Reply 2):|
Floating new stock is "the worst say" to raise money. Wow. That's going to stir the pot around here!
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