UNITED STATES SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER
THE
SECURITIES EXCHANGE ACT OF 1934
Report
on Form 6-K dated April 16, 2009
Commission
File Number: 1-13546
STMicroelectronics
N.V.
(Name of
Registrant)
39,
Chemin du Champ-des-Filles
1228
Plan-les-Ouates, Geneva, Switzerland
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form
40-F.
Form 20-F
x Form
40-F o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule
101(b)(1):
Yes o No
x
Yes o No
x
Indicate
by check mark whether the registrant by furnishing the information contained in
this form is also thereby
furnishing the information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange
Act of 1934.
Yes o No
x
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule
12g3-2(b): 82- __________
Enclosure: A press
release dated April 15, 2009 announcing that the Supervisory Board of
STMicroelectronics resolves to submit to the Annual General Meeting a proposal
to distribute an annual cash dividend of $0.12 per share payable in four
quarterly installments.
PR No.: C2599C
STMicroelectronics
Supervisory Board Resolves to Submit to the Company’s Annual General Meeting a
Proposal to Distribute an Annual Cash Dividend of $0.12 per Share Payable in
Four Quarterly Installments
Geneva, April 15, 2009 – The
Supervisory Board of STMicroelectronics (NYSE:STM) today approved a proposal to
submit to the forthcoming 2009 Annual General Meeting of Shareholders the
distribution of a cash dividend of $0.12 per outstanding share of the Company’s
common stock, payable in four quarterly installments from 2nd quarter
2009 through the 1st quarter
2010. The proposed dividend equals a 2% yield on the Company’s
share price at closing yesterday on the NYSE.
The
proposal will be submitted for shareholder approval at the Company’s Annual
General Meeting, which will be held in Amsterdam on May 20, 2009.
The
Company’s quarterly dividend of $0.03 per share, as proposed, compares to a
quarterly dividend of $0.09 per share paid in the last twelve
months.
“One of
our key priorities for the Company in 2009 is to maintain a solid financial
foundation and to further strengthen our Company for the long-term. As we
navigate the current macro-economic environment, we have decided to maintain our
dividend policy involving the distribution of a cash dividend, but are
proposing, on a temporary basis, to reduce its level, reflecting today’s
unstable market,” STMicroelectronics President and Chief Executive Officer Carlo
Bozotti said.
Some
of the statements contained in this release that are not historical facts are
statements of future expectations and other forward-looking statements (within
the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the
Securities Exchange Act of 1934, each as amended) based on management’s current
views and assumptions and involve known and unknown risks and uncertainties that
could cause actual results, performance or events to differ materially from
those in such statements. Such forward-looking statements can be identified by
the use of forward-looking terminology such as “believes,” “may,” “will,”
“should,” “would be” or “anticipates” or similar expressions or the negative
thereof or other variations thereof, or by discussions of strategy, plans or
intentions. Some of the risk factors we face are set forth and are discussed in
more detail in “Item 3. Key Information—Risk Factors” included in our Annual
Report on Form 20-F for the year ended December 31, 2007, as filed with the SEC
on March 3, 2008 and in our press release dated January
1
27,
2009 filed with the SEC under form 6-K on January 28th. Should one or more of
these risks or uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those described in this
release as anticipated, believed or expected. We do not intend, and do not
assume any obligation, to update any information or forward-looking statements
set forth in this release to reflect subsequent events or
circumstances.
Unfavorable
changes in the above or other factors listed under “Risk Factors” from time to
time in our SEC filings, including our Form 20-F, could have a material adverse
effect on our results of operations or financial condition.
About
STMicroelectronics
STMicroelectronics
is a global leader in developing and delivering semiconductor solutions across
the spectrum of microelectronics applications. An unrivalled combination of
silicon and system expertise, manufacturing strength, Intellectual Property (IP)
portfolio and strategic partners positions the Company at the forefront of
System-on-Chip (SoC) technology and its products play a key role in enabling
today’s convergence markets. The Company’s shares are traded on the New York
Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2008, the
Company’s net revenues were $9.84 billion. Further information on ST can be
found at www.st.com.
For further information,
please contact:
INVESTOR
RELATIONS:
Tait
Sorensen
Director,
Investor Relations
Tel: +1
602 485 2064
tait.sorensen@st.com
MEDIA
RELATIONS:
Maria
Grazia
Prestini
Senior
Director, Corporate Media and Public Relations
STMicroelectronics
Tel: + 41
22 929 6945
mariagrazia.prestini@st.com
2
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, STMicroelectronics N.V. has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly
authorized.
| STMicroelectronics N.V. | |||
|
Date:
April 16, 2009
|
By:
|
/s/ CARLO FERRO | |
| Name: |
Carlo
Ferro
|
||
| Title: | Executive Vice President and | ||
| Chief Financial Officer |