Summary by Futu AI
On June 20, 2024, Marvell Technology held its Annual Meeting of Stockholders where several key decisions were made. The election of board members was conducted with all nominees being elected for a one-year term. Additionally, the stockholders approved, on an advisory non-binding basis, the compensation of the company's named executive officers. The selection of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending February 1, 2025, was also ratified. The following day, on June 21, 2024, Marvell Technology announced the declaration of a quarterly dividend of $0.06 per share, payable on July 31, 2024, to stockholders of record as of July 12, 2024. The company emphasized that the payment of future dividends would be contingent upon various factors, including its financial condition and cash requirements.