AbbVie Inc (WBO:ABBV)

€ 148.62 -1.44 (-0.96%) Market Cap: 264.38 Bil Enterprise Value: 316.20 Bil PE Ratio: 47.40 PB Ratio: 35.22 GF Score: 91/100

Abbvie Inc Annual Shareholders Meeting Transcript

May 08, 2020 / 02:00PM GMT

Release Date Price: €77.4 (-2.76%)

Transcript 10-Q

Richard A. Gonzalez

AbbVie Inc. - Chairman & CEO

Good morning, everyone. I'm Richard Gonzalez, AbbVie's Chairman and CEO. I'd like to welcome you to AbbVie's Annual Meeting of Shareholders. We appreciate you joining us today.

We are holding this meeting for the first time virtually to adhere to social distancing policy. It is clear to us that an in-person meeting would not be appropriate, but we hope you'll find this virtual version of our shareholder meeting to be informative. There will be an opportunity for shareholders to submit questions once we have completed discussion of the voting items. Now I'll call our meeting to order.

Proxies in the forms solicited by the Board of Directors have been received, representing 87.5% of the shares entitled to vote. More than a majority of outstanding shares are present in person or by proxy, we have a quorum.

Today, we have 7 business items on the agenda. They include the election of the Class II directors; the ratification of our auditors; an advisory vote on the approval of executive compensation; a management proposal

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