8-K
filed May 16, 2024, 7:59 PM ET
ticker OGE
CIK 0001021635
other material
confidence high
sentiment neutral
materiality 0.35
OGE Energy declares $0.4182 Q3 dividend; shareholder simple-majority proposal fails
OGE ENERGY CORP.
- Board declared Q3 dividend of $0.4182/share, payable July 26, 2024 to holders of record July 8, 2024.
- All 10 director nominees elected; Ernst & Young ratified as auditor for 2024.
- Say-on-pay advisory vote approved with 95.6% of votes cast (excluding broker non-votes).
- Shareholder proposal for simple majority vote received 69% of votes cast but only 49% of outstanding, below the 80% requirement.
- Broker non-votes totaled ~30.7M shares on director elections, say-on-pay, and the shareholder proposal.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
OGE ENERGY CORP. shareholders approved Advisory vote to approve named executive officer compensation at the 2024-05-16 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-05-16
Exact text from the filing
Proposal No. 3: Votes For Votes Against Abstentions Broker Non-Votes Advisory vote to approve named executive officer compensation 135,219,901 6,156,259 1,386,285 30,734,369
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
OGE ENERGY CORP. shareholders rejected Shareholder proposal regarding simple majority vote at the 2024-05-16 meeting.
- Outcome
- failed
- Meeting
- 2024-05-16
Exact text from the filing
Proposal No. 4: Votes For Votes Against Abstentions Broker Non-Votes Shareholder proposal regarding simple majority vote 97,700,589 43,670,734 1,391,122 30,734,369
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
OGE ENERGY CORP. shareholders approved Ratification of the appointment of Ernst & Young LLP as OGE Energy's principal independent accountants for 2024 at the 2024-05-16 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-16
Exact text from the filing
Proposal No. 2: Votes For Votes Against Abstentions Ratification of the appointment of Ernst & Young LLP as OGE Energy's principal independent accountants for 2024 168,558,162 3,984,892 953,760
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
OGE ENERGY CORP. shareholders approved Election of 10 members of the Board of Directors at the 2024-05-16 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-16
Exact text from the filing
Proposal No. 1: Votes For Votes Against Abstentions Broker Non-Votes Election of Directors Terms Expiring in 2025 Frank A. Bozich 139,580,430 2,611,371 570,644 30,734,369
View on SEC.gov
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