IBM 2013 Annual Meeting of Stockholders
IBM's 2013 Annual Meeting of Stockholders will be held on Tuesday, April 30, 2013 at 10 a.m., in the Von Braun Center, 700 Monroe Street, Huntsville, Alabama.
The first web question that was addressed at the meeting related to cybersecurity. Mrs. Rometty explained that the company takes strong measures to protect itself, its intellectual property and its people from cbybersecurity risks. She also noted that by making critical investments in areas such as analytics, IBM is well-positioned to help its clients address cybersecurity issues.
The other web question that was addressed at the meeting related to whether IBM should split its stock. Mrs. Rometty explained there is no formula for when a company does a stock split. She further answered that the company looks to return value to its stockholders in the form of dividends and share repurchases. IBM has returned over $150 billion to stockholders in the form of dividends and share repurchases since 2000. Mrs. Rometty also stated that there is not sufficient evidence showing that a stock split enhances stockholder value.