United Parks & Resorts stockholders approve amendment to Hill Path agreement and $500M share repurchase program

United Parks & Resorts Inc.

Special meeting on Mar 25, 2024: disinterested stockholders approved both proposals.
Amendment to Stockholders Agreement with Hill Path Capital LP passed with 25,886,451 votes for, 15,069 against.
$500M share repurchase program authorized; no repurchases allowed if Hill Path ownership would reach or exceed 50%.
All-stockholder totals: 53.2M votes for amendment, 52.4M for repurchase; zero broker non-votes.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

United Parks & Resorts Inc. shareholders approved Approve and authorize a new $500.0 million share repurchase program at the 2024-03-25 meeting.

Outcome: passed
Meeting: 2024-03-25

Exact text from the filing

The Disinterested Stockholders approved the Share Repurchase Proposal. Votes For Votes Against Votes Abstained Broker Non-Votes All Stockholders 52,439,746 720,047 13,533 0 Disinterested Stockholders 25,173,689 720,047 13,533 0

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

United Parks & Resorts Inc. shareholders approved Approve the amendment to the Stockholders Agreement at the 2024-03-25 meeting.

Outcome: passed
Meeting: 2024-03-25

Exact text from the filing

The Disinterested Stockholders approved the Amendment Proposal. Votes For Votes Against Votes Abstained Broker Non-Votes All Stockholders 53,152,508 15,069 5,749 0 Disinterested Stockholders 25,886,451 15,069 5,749 0

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404 shareholder votes filed in the last 30 days. Browse all shareholder votes →

United Parks & Resorts Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-036476

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