8-K
filed May 10, 2024, 7:59 PM ET
ticker ALB
CIK 0000915913
other material
confidence high
sentiment neutral
materiality 0.55
Albemarle shareholders approve increase in authorized common shares to 275M from 150M
ALBEMARLE CORP
- Charter amendment effective May 10, 2024; authorized shares rise from 150M to 275M.
- All 10 director nominees elected; J. Kent Masters Jr. got 75.4M for, James J. O'Brien got 70.8M for.
- Advisory vote on executive compensation passed: 67.7M for, 11.1M against, 1.7M abstain.
- Ratification of PwC as auditor for FY2024 approved with 86.2M for, 7.8M against.
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
ALBEMARLE CORP: Increased authorized common shares from 150,000,000 to 275,000,000 (effective 2024-05-10).
- Change
- charter amendment
- Effective
- 2024-05-10
Exact text from the filing
Albemarle Corporation (the “Company”) filed Articles of Amendment with the State Corporation Commission of the Commonwealth of Virginia (the “SCC”) to amend the Company’s Amended and Restated Articles of Incorporation (the “Charter”) to increase the number of authorized shares of common stock, $0.01 par value per share, from 150,000,000 to 275,000,000 (the “Charter Amendment”).
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.98
ALBEMARLE CORP shareholders approved Advisory vote on executive compensation at the 2024-05-07 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-05-07
Exact text from the filing
Proposal 2 . Advisory vote on executive compensation . The shareholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers, as set forth in the Proxy Statement, by the votes set forth in the table below. Voted For Voted Against Abstain Broker Non-Votes 67,682,378 11,136,388 1,705,771 13,917,881
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.98
ALBEMARLE CORP shareholders approved Ratification of appointment of independent registered public accounting firm at the 2024-05-07 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-07
Exact text from the filing
Proposal 4 . Ratification of appointment of independent registered public accounting firm . The shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, by the votes set forth in the table below. Voted For Voted Against Abstain Broker Non-Votes 86,248,537 7,754,186 439,695 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
ALBEMARLE CORP shareholders approved Election of directors at the 2024-05-07 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-07
Exact text from the filing
Proposal 1 . Election of directors . The shareholders elected all of the nominees for director to serve for a term expiring at the annual meeting of shareholders in 2025 by the votes set forth in the table below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.98
ALBEMARLE CORP shareholders approved Charter Amendment to increase the number of authorized shares of common stock at the 2024-05-07 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-05-07
Exact text from the filing
Proposal 3 . Charter Amendment to increase the number of authorized shares of common stock . The shareholders approved the Charter Amendment to increase the Company’s number of authorized shares of common stock by the votes set forth in the table below. Voted For Voted Against Abstain Broker Non-Votes 88,786,666 5,369,507 286,245 N/A
View on SEC.gov
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