Shareholders Approve all Resolutions on the Agenda of Ternium's Annual General Meeting
Rhea-AI Summary
Ternium (NYSE:TX) reported that shareholders at the May 12, 2026 annual general meeting approved all agenda resolutions.
Approvals covered 2025 financial statements, a $2.20 per ADS ($0.22 per share) annual dividend, board re-elections, and the appointment of PricewaterhouseCoopers as 2026 independent auditors.
A net dividend of $1.30 per ADS will be paid May 15, 2026 to shareholders of record on May 14, 2026. The board reaffirmed key leadership roles and audit committee membership, all audit members qualifying as independent directors under company rules.
Positive
- Shareholders approved all resolutions at the May 12, 2026 annual meeting
- Annual dividend set at $2.20 per ADS, including $0.90 interim payout
- Remaining $1.30 per ADS dividend payable on May 15, 2026
- Board size maintained at eight with full slate re-elected
- PricewaterhouseCoopers appointed independent auditor for fiscal year 2026
- Chairman, vice-chairman, and CEO positions all re-confirmed
Negative
- None.
News Market Reaction – TX
In the May 13 session, TX gained 0.13%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 05 | Q1 2026 results | Positive | +9.8% | Stronger Q1 2026 EBITDA and net income with ongoing expansion and investments. |
| Apr 15 | Dividend revision | Negative | -1.2% | Board cut proposed 2025 annual dividend to $2.20 per ADS amid uncertainty. |
| Mar 31 | AGM call | Neutral | +1.5% | Announcement of May 12, 2026 AGM to approve 2025 accounts and governance items. |
| Feb 18 | FY 2025 earnings | Positive | +0.9% | Q4 and FY 2025 results with $1.5 billion Adjusted EBITDA and proposed dividend. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news has generally seen price moves align with the tone of the announcement, with positive operational results lifting the stock and more cautious dividend actions weighing slightly.
Over the last few months, Ternium has focused on 2025 reporting, capital investment and its 2026 outlook. The company reported strong Q4 2025 and Q1 2026 results, including higher Adjusted EBITDA and net income, and maintained a solid net cash position. At the same time, the Board revised the 2025 dividend proposal to $2.20 per ADS in April amid global uncertainty. The current AGM news formalizes prior proposals, approving 2025 accounts, the dividend, and continuity in board and audit committee composition.
Key Terms
ads financial
audit committee regulatory
independent auditors regulatory
form 6-k regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
LUXEMBOURG, LU / ACCESS Newswire / May 12, 2026 / Ternium S.A. (NYSE:TX) announced that its annual general meeting of shareholders held on May 12, 2026 approved all resolutions on its agenda.
Among other resolutions adopted, the shareholders approved the consolidated financial statements and unconsolidated annual accounts for the year ended December 31, 2025, and the proposed annual dividend of
The annual general meeting resolved to maintain the number of directors at eight and approved the re-election of Mr. Roberto Bonatti, Mr. Vincent Robert Gilles Decalf, Ms. Gioia María Ghezzi, Ms. Lorenza Martínez Trigueros, Ms. Alicia Lucía Móndolo, Mr. Daniel Agustin Novegil, Mr. Gianfelice Mario Rocca and Mr. Paolo Rocca to the Board of Directors. All board members will hold office until the meeting that will be convened to decide on the 2026 accounts. The meeting also appointed PricewaterhouseCoopers Assurance, Société coopérative, as Ternium's independent auditors for the fiscal year ending December 31, 2026.
The board of directors subsequently re-appointed Mr. Paolo Rocca as its chairman, Mr. Daniel Agustín Novegil as vice-chairman and Mr. Máximo Vedoya as Ternium's chief executive officer. The board of directors also confirmed and re-appointed Mr. Vincent Robert Gilles Decalf, Ms. Gioia Ghezzi and Ms. Lorenza Martinez Trigueros as members of Ternium's audit committee, with Mr. Decalf to continue to chair the committee. All three members of the audit committee qualify as independent directors under the Company's articles of association.
For a summary of the resolutions adopted at the meeting, please see the report on Form 6-K submitted to the U.S. Securities and Exchange Commission, available at www.sec.gov.
Forward Looking Statements
Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to gross domestic product, related market demand, global production capacity, tariffs, cyclicality in the industries that purchase steel products and other factors beyond Ternium's control.
About Ternium
Ternium is a leading steel producer in the Americas, providing advanced steel products to a wide range of manufacturing industries and the construction sector. We invest in low carbon emissions steelmaking technologies to support the energy transition and the mobility of the future. We also support the development of our communities, especially through educational programs in Latin America. More information about Ternium is available at www.ternium.com.
Sebastián Martí
Ternium - Investor Relations
+1 (866) 890 0443
+54 (11) 4018 8389
www.ternium.com
SOURCE: Ternium S.A.
View the original press release on ACCESS Newswire