other material
confidence high
sentiment neutral
materiality 0.45
Fastenal approves 2-for-1 forward stock split; annual meeting elects all directors
FASTENAL CO
- 2-for-1 forward split effective May 21, 2025 after close; trading begins May 22 on Nasdaq.
- Record date for split is May 5, 2025; authorized shares increase to 1.6 billion.
- Compensation committee increased equity plan shares proportionally to the split.
- Annual meeting results: all 11 director nominees elected; say-on-pay approved; PwC ratified as auditor.
- Vote totals: Scott Satterlee received 454M for; say-on-pay: 438M for, 28.5M against.