8-K
filed November 16, 2022, 6:59 PM ET
ticker MAGN
CIK 0000041719
other material
confidence high
sentiment neutral
materiality 0.15
Glatfelter shareholders approve six governance amendments at special meeting
Magnera Corp
- Majority voting standard approved (33.2M for, 213.6K against).
- Cumulative voting eliminated (32.4M for, 962.2K against).
- Board authorized to set number of directors by resolution (36.5M for, 1.1M against).
- Board permitted to set time/place of annual meeting (37.3M for, 272.7K against).
- Proxy access and voting standard clarifications approved with over 33M votes each.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Magnera Corp shareholders approved Approval of an amendment to the Bylaws to allow the Board to determine the time and place of the annual meeting at the 2022-11-11 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2022-11-11
Exact text from the filing
Proposal 4. The approval of an amendment to the Bylaws to allow the Board to determine the time and place of the annual meeting. The proposal was approved by a vote of the shareholders as follows: For Against Abstain Broker Non-Votes 37,321,820 272,729 49,725 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Magnera Corp shareholders approved Approval of an amendment to the Bylaws to clarify the Company’s voting standards at the 2022-11-11 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2022-11-11
Exact text from the filing
Proposal 6. The approval of an amendment to the Bylaws to clarify the Company’s voting standards. The proposal was approved by a vote of the shareholders as follows: For Against Abstain Broker Non-Votes 33,161,957 251,680 51,689 4,178,948
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Magnera Corp shareholders approved Approval of an amendment to the Bylaws to provide for proxy access, which would allow eligible shareholders to include their own nominees for director in the Company’s proxy materials along with the Board’s nominees at the 2022-11-11 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2022-11-11
Exact text from the filing
Proposal 5. The approval of an amendment to the Bylaws to provide for proxy access, which would allow eligible shareholders to include their own nominees for director in the Company’s proxy materials along with the Board’s nominees. The proposal was approved by a vote of the shareholders as follows: For Against Abstain Broker Non-Votes 33,320,789 93,926 50,611 4,178,948
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Magnera Corp shareholders approved Approval of an amendment to the Bylaws to allow the Board of Directors to determine the number of authorized directors by resolution at the 2022-11-11 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2022-11-11
Exact text from the filing
Proposal 3. The approval of an amendment to the Bylaws to allow the Board of Directors of the Company (the “Board”) to determine the number of authorized directors by resolution. The proposal was approved by a vote of the shareholders as follows: For Against Abstain Broker Non-Votes 36,497,082 1,084,128 63,064 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Magnera Corp shareholders approved Approval of amendments to Articles of Incorporation and Bylaws to implement a majority voting standard for uncontested director elections at the 2022-11-11 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2022-11-11
Exact text from the filing
Proposal 1. The approval of amendments to the Company’s Articles of Incorporation (the “Articles”) and Bylaws (the “Bylaws”) to implement a majority voting standard for uncontested director elections. The proposal was approved by a vote of the shareholders as follows: For Against Abstain Broker Non-Votes 33,194,827 213,630 56,869 4,178,948
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Magnera Corp shareholders approved Approval of an amendment to the Articles to eliminate cumulative voting in director elections at the 2022-11-11 meeting.
- Outcome
- passed
- Meeting
- 2022-11-11
Exact text from the filing
Proposal 2. The approval of an amendment to the Articles to eliminate cumulative voting in director elections. The proposal was approved by a vote of the shareholders as follows: For Against Abstain Broker Non-Votes 32,447,745 962,228 55,353 4,178,948
View on SEC.gov
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