Arbitron Inc. Declares Quarterly Dividend; Holds Annual Stockholders' Meeting
COLUMBIA, Md. -- The board of directors of Arbitron Inc. (NYSE: ARB) has approved the payment of a quarterly cash dividend of $0.10 (ten cents) per common share. The dividend will be paid on or about July 1, 2010 to shareholders of record as of the close of business on June 15, 2010.
As of April 30, 2010, there were approximately 26,617,400 shares outstanding.
Annual Meeting of Stockholders
Arbitron Inc. held its annual stockholders' meeting on Tuesday, May 25, 2010. Arbitron stockholders elected eight individuals to the board of directors.
Shellye L. Archambeau, David W. Devonshire, John A. Dimling, Philip Guarascio, William T. Kerr, Larry E. Kittelberger, Luis G. Nogales, Richard A. Post were returned to the board for one year terms, expiring in 2011.
Ms. Archambeau is Chief Executive Officer of MetricStream, Inc.; Mr. Devonshire is the former Executive Vice President and Chief Financial Officer of Motorola, Inc.; Mr. Dimling is the former Chairman Emeritus and former President and Chief Executive Officer of Nielsen Media Research, Inc.; Mr. Guarascio is the Chairman and Chief Executive Officer of PG Ventures LLC and former Vice President, General Manager of General Motors Corporation's North America Advertising and Corporate Marketing; Mr. Kerr is President and Chief Executive Officer of Arbitron; Mr. Kittelberger is the former Senior Vice President, Technology and Operations of Honeywell International, Inc.; Mr. Nogales is the Managing Partner of Nogales Investors LLC and former Chairman and Chief Executive Officer of Embarcadero Media, Inc., and Mr. Post is the former President and Chief Executive Officer of Autobytel Inc.
Stockholders also voted to approve an amendment to and restatement of the Company's 2008 Equity Compensation Plan and an amendment to the Company's Employee Stock Purchase Plan. Stockholders voted to ratify KPMG LLP as Arbitron's independent registered public accounting firm for 2010.
Voting results will be reported in Arbitron's current report on Form 8-K, which will be filed with the U.S. Securities and Exchange Commission within four business days.
About Arbitron
Arbitron Inc. (NYSE: ARB) is a media and marketing research firm serving the media - radio, television, cable, online radio and out-of-home - as well as advertisers and advertising agencies. Arbitron's core businesses are measuring network and local market radio audiences across the United States; surveying the retail, media and product patterns of local market consumers; and providing application software used for analyzing media audience and marketing information data. The company has developed the Portable People Meter(TM) device, a new technology for media and marketing research.
As of April 30, 2010, there were approximately 26,617,400 shares outstanding.
Annual Meeting of Stockholders
Arbitron Inc. held its annual stockholders' meeting on Tuesday, May 25, 2010. Arbitron stockholders elected eight individuals to the board of directors.
Shellye L. Archambeau, David W. Devonshire, John A. Dimling, Philip Guarascio, William T. Kerr, Larry E. Kittelberger, Luis G. Nogales, Richard A. Post were returned to the board for one year terms, expiring in 2011.
Ms. Archambeau is Chief Executive Officer of MetricStream, Inc.; Mr. Devonshire is the former Executive Vice President and Chief Financial Officer of Motorola, Inc.; Mr. Dimling is the former Chairman Emeritus and former President and Chief Executive Officer of Nielsen Media Research, Inc.; Mr. Guarascio is the Chairman and Chief Executive Officer of PG Ventures LLC and former Vice President, General Manager of General Motors Corporation's North America Advertising and Corporate Marketing; Mr. Kerr is President and Chief Executive Officer of Arbitron; Mr. Kittelberger is the former Senior Vice President, Technology and Operations of Honeywell International, Inc.; Mr. Nogales is the Managing Partner of Nogales Investors LLC and former Chairman and Chief Executive Officer of Embarcadero Media, Inc., and Mr. Post is the former President and Chief Executive Officer of Autobytel Inc.
Stockholders also voted to approve an amendment to and restatement of the Company's 2008 Equity Compensation Plan and an amendment to the Company's Employee Stock Purchase Plan. Stockholders voted to ratify KPMG LLP as Arbitron's independent registered public accounting firm for 2010.
Voting results will be reported in Arbitron's current report on Form 8-K, which will be filed with the U.S. Securities and Exchange Commission within four business days.
About Arbitron
Arbitron Inc. (NYSE: ARB) is a media and marketing research firm serving the media - radio, television, cable, online radio and out-of-home - as well as advertisers and advertising agencies. Arbitron's core businesses are measuring network and local market radio audiences across the United States; surveying the retail, media and product patterns of local market consumers; and providing application software used for analyzing media audience and marketing information data. The company has developed the Portable People Meter(TM) device, a new technology for media and marketing research.
Posts
No comments: