other material
confidence high
sentiment neutral
materiality 0.35
Patterson-UTI shareholders approve 5.445M share increase in LTIP; all directors elected
PATTERSON UTI ENERGY INC
- Shareholders approved amendment to 2021 LTIP, increasing shares available by 5.445M to ~18.9M total.
- All eight director nominees elected with strong support (over 88% votes for).
- PricewaterhouseCoopers ratified as independent auditor for FY2023; 188.8M for, 5.2M against.
- Advisory vote on executive compensation approved (181.5M for); frequency set at 1 year (174.2M for).