TE Connectivity Ltd.
TE Connectivity Ltd. Shareholders Approve Merger with TE Connectivity plc
Summary
On June 12, 2024, TE Connectivity Ltd. held a Special General Meeting (SGM) of shareholders to approve the merger agreement with TE Connectivity plc. The merger, which will change the jurisdiction of TE Connectivity Ltd. from Switzerland to Ireland, was approved by 93.20% of the votes cast. Additionally, the reduction of the share premium account of TE Connectivity plc was approved by 99.85% of the votes. The Company also issued a press release on the same day, which is furnished as Exhibit 99.1 to this report.
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Exhibits (1)
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About TE Connectivity Ltd.
TE Connectivity Ltd. is a global technology company specializing in the design and manufacture of connectivity and sensor solutions. The company serves various industries, including automotive, aerospace, defense, medical technology, energy, data communications, and consumer electronics. TE Connectivity's primary function is to provide essential components and integrated solutions that enable reliable and robust electrical connections and data transfers in critical applications. Notable features of the company include its focus on innovation and sustainability, offering products like connectors, sensors, relays, and fiber optic equipment that improve efficiency and durability. Its products are fundamental in facilitating advancements in the Internet of Things (IoT), autonomous driving, renewable energy, and high-speed data applications. In the financial markets, TE Connectivity plays a significant role as a leader in the electronic components sector, known for its commitment to quality and cutting-edge technology. The company's operations extend globally, with a strong presence in both established and emerging markets, making it a vital link in the supply chains of some of the world's leading technology and industrial companies.
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