Universal Music Group's Shareholder Meeting Results: New Appointments and Dividends Announced

Universal Music Group's Annual General Meeting Results



On May 14, 2025, Universal Music Group N.V. (UMG) unveiled the outcomes from its latest Annual General Meeting of Shareholders (AGM). The meeting, which was held earlier that day, saw all proposed resolutions garner majority support from shareholders.

Key Resolutions Passed


Among the significant resolutions approved were:
  • - Advisory Approval of Remuneration Report: Shareholders offered a positive advisory vote on UMG's 2024 remuneration report, reflecting broader support for the company's compensation strategies.
  • - Adoption of Financial Statements: The AGM approved the financial statements for the year 2024, a crucial step in maintaining transparency and accountability in financial reporting.
  • - Reappointment of Directors:
- Vincent Vallejo was reappointed as Executive Director, ensuring continuity in leadership.
- Non-Executive Directors Sherry Lansing, Haim Saban, and Luc van Os were also re-elected, demonstrating shareholder confidence in their contributions and governance.
  • - Executive Directors’ Remuneration Policy: An essential component for aligning the interests of management and shareholders, this policy was adopted, indicating an ongoing commitment to fair and responsible remuneration practices.

Dividend Declaration


Another noteworthy decision from the AGM was the consensus on the final dividend for the financial year 2024. A dividend of EUR 0.28 per share was approved, adding to an interim dividend of EUR 0.24 that was distributed in October 2024. This brings the total dividend for the fiscal year to EUR 0.52 per share, showcasing UMG's commitment to returning value to its shareholders.

Dividend Payment Timetable


To facilitate the distribution of the final dividend, the following schedule has been set:
  • - Ex-dividend Date: May 21, 2025
  • - Dividend Record Date: May 22, 2025
  • - Final Dividend Payment Date: June 13, 2025

Shareholder Transparency


In compliance with the Dutch Financial Supervision Act, detailed voting results from the AGM will be published on the company’s website within a 15-day window, reinforcing UMG's commitment to transparency and governance standards.

About Universal Music Group


UMG stands as a titan in the global music entertainment industry, driving cultural impact through artistry. With a varied portfolio encompassing recorded music, music publishing, merchandising, and audiovisual content, UMG has established itself as a leader in talent identification and development. The company is committed to fostering innovation and expanding opportunities for artists, while also enhancing fan experiences. For more information on UMG, please visit www.universalmusic.com.

Topics Entertainment & Media)

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