News Article
JDSU Stockholders Approve All Proposals at 2010 Annual Meeting
The firm plan to increase the maximum number of shares of common stock that may be issued under the 2003 Plan by 12,200,000.
JDSU has announced the results of its Annual Meeting of Stockholders held on November 30, 2010. Stockholders approved all three proposals presented for their consideration.
Firstly, Martin A. Kaplan and Kevin J. Kennedy were re-elected to serve on JDSU's Board of Directors for three year terms ending in 2013.
Secondly, stockholders approved an amendment to the JDSU’s Amended and Restated 2003 Equity Incentive Plan to increase the maximum number of shares of common stock that may be issued under the 2003 Plan by 12,200,000.
Finally, stockholders ratified the appointment of PricewaterhouseCoopers LLP as JDSU's independent registered public accounting firm for the fiscal year ending June 30, 2011.
JDSU enables broadband and optical innovation in the communications, commercial and consumer markets. JDSU is a leading provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, network equipment manufacturers, enterprise customers, and mobile operators.
JDSU is also a leading provider of innovative optical solutions for medical/environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications.