secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK:        0000022356
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0000022356-24-000030
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Commerce Bancshares authorizes repurchase of up to 5 million shares
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- Board approved repurchase of up to 5,000,000 shares, combining with prior authorization from April 2022.
- Repurchases may be made through open market or private transactions, at management's discretion.
- Annual meeting results: three directors elected; KPMG ratified as auditor; say-on-pay passed.
- Over 88% of shares voted in favor of say-on-pay; all director nominees elected with large majorities.
- Company had 130,207,317 shares outstanding as of record date; 115,013,291 represented at meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22356/000002235624000030/0000022356-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22356/000002235624000030/cbsh-20240417.htm
  HTML page:      https://secwatch.observer/filing/0000022356-24-000030

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