secwatch / observer
8-K filed November 2, 2022, 7:59 PM ET ticker CPRT CIK 0000900075
other confidence high sentiment positive materiality 0.50

Copart shareholders approve 2-for-1 stock split via authorized share increase to 1.6B

COPART INC

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

COPART INC: Amendment and restatement of Certificate of Incorporation to increase authorized common stock from 400,000,000 to 1,600,000,000 shares (effective 2022-10-31).

Change
charter amendment
Effective
2022-10-31
Exact text from the filing
On October 31, 2022, Copart, Inc.’s (the “Company,” “we,” “us,” or “our”) stockholders approved an amendment and restatement of our Certificate of Incorporation to, among other things, increase the number of authorized shares of common stock of Copart, Inc. from 400,000,000 to 1,600,000,000 (the “Restated Certificate”).
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

COPART INC shareholders approved Amendment and restatement of our Certificate of Incorporation to, among other things, increase the number of shares of our common stock authorized for issuance from 400,000,000 shares to 1,600,000,000 shares, primarily to facilitate a 2-for-1 split of our common stock in the form of a stock dividend at the 2022-10-31 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2022-10-31
Exact text from the filing
1. Authorized Share Increase. Amendment and restatement of our Certificate of Incorporation to, among other things, increase the number of shares of our common stock authorized for issuance from 400,000,000 shares to 1,600,000,000 shares, primarily to facilitate a 2-for-1 split of our common stock in the form of a stock dividend: Votes For Votes Against Votes Withheld Broker Non-Votes 198,635,737 10,466,063 182,928 0
View on SEC.gov

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COPART INC filing history →

Source: SEC EDGAR
accession 0000900075-22-000056
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