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Kansas City Southern Holds Annual Meeting of Stockholders, Elects Two Directors and Announces Preferred Dividend

Dépèche transmise le 7 mai 2009 par Business Wire

Kansas City Southern Holds Annual Meeting of Stockholders, Elects Two Directors and Announces Preferred Dividend

Kansas City Southern Holds Annual Meeting of Stockholders, Elects Two Directors and Announces Preferred Dividend

KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE:KSU) held its Annual Meeting of Stockholders on May 7, 2009 in Kansas City, Missouri. With over 91% of the KCS’ outstanding common and preferred stock represented in person or by proxy at the Annual Meeting, the stockholders elected Michael R. Haverty and Thomas A. McDonnell to serve on the KCS Board of Directors until the Annual Meeting of Stockholders in 2012. The stockholders also ratified the Audit Committee’s selection of KPMG LLP as KCS’ independent accountants for the year ending December 31, 2009 and approved the Kansas City Southern 2009 Employee Stock Purchase Plan.

In addition, the Board of Directors declared a regular dividend of $0.25 per share on the outstanding KCS 4% Non-Cumulative Preferred stock. This dividend is payable on July 7, 2009, to stockholders of record at the close of business on June 8, 2009.

Headquartered in Kansas City, MO, Kansas City Southern is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. Kansas City Southern's North American rail holdings and strategic alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.

Business Wire

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