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Kimball International, Inc. Holds Annual Meeting of Share Owners and Declares Dividend

JASPER, Ind., Oct. 31, 2017 (GLOBE NEWSWIRE) -- At the 2017 Annual Meeting of Share Owners of Kimball International, Inc. (NASDAQ:KBAL), the following nominees were elected to serve on the Board of Directors: Robert F. Schneider, Susan B. Frampton and Geoffrey L. Stringer. Each received a majority of the votes cast, and each will serve a term of three years until the 2020 meeting of Share Owners, or until their respective successors have been duly elected and qualified. Share Owners also approved the 2017 Stock Incentive Plan, and participated in an advisory vote on compensation for executives (“Say on Pay”) and the frequency of Say on Pay votes. Share Owners also ratified the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for fiscal year 2018.

The Board of Directors of Kimball International, Inc. also held a Board meeting during which they declared a quarterly dividend of 7 cents per share for all outstanding shares of common stock payable January 12, 2018, to Share Owners of record on December 22, 2017.

About Kimball International, Inc.

Kimball International, Inc. creates design driven, innovative furnishings sold through our family of brands: Kimball, National, and Kimball Hospitality. Our diverse portfolio offers solutions for the workplace, learning, healing, and hospitality environments. Dedicated to our Guiding Principles, our values and integrity are evidenced by public recognition as a highly trusted company and an employer of choice. “We Build Success” by establishing long-term relationships with customers, employees, suppliers, share owners and the communities in which we operate. To learn more about Kimball International, Inc. (NASDAQ:KBAL), visit www.kimballinternational.com.

For additional information contact:

Lonnie Nicholson
mail to: Lonnie.Nicholson@KimballInternational.com

Source:Kimball International, Inc.