12 April 2007 — Amsterdam (NL): Buhrmann will change its company name to Corporate Express NV as of Friday 20 April.
At its AGM, the proposal to extend the period during which the executive board is authorised to limit or exclude the preferential right when issuing ordinary shares was not approved.
However, approval was given to pay a dividend of €0.21 ($0.28) per ordinary share, representing 26 percent of the net profit, after adding back special items (net of tax) and fair value adjustments (net of tax) per ordinary share of €0.70. The dividend will be paid either wholly in cash or in new ordinary shares and will be payable on 30 April.
The appointment of Corporate Express president Peter Ventress as a member of the executive board for a period of four years was also approved at the meeting.