8-K
filed June 21, 2023, 7:59 PM ET
ticker LEU
CIK 0001065059
other material
confidence high
sentiment neutral
materiality 0.45
Centrus extends Section 382 Rights Agreement to June 2026; stockholders approve all proposals
CENTRUS ENERGY CORP
- Fifth Amendment extends NOL rights plan expiration from June 30, 2023 to June 30, 2026.
- Purchase price per 1/1000th preferred share raised from $18.00 to $160.38 reflecting stock price increase.
- All seven director nominees reelected; advisory say-on-pay frequency set at one year.
- Deloitte & Touche ratified as independent auditor for 2023 with over 99% of votes cast in favor.
- Approximately 76% of 14,761,818 outstanding shares represented at annual meeting.
Key facts
Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CENTRUS ENERGY CORP amended Fifth Amendment to the Section 382 Rights Agreement with Computershare Trust Company, N.A. and Computershare Inc. (effective 2023-06-20).
- Action
- amendment
- Counterparty
- Computershare Trust Company, N.A. and Computershare Inc.
- Effective
- 2023-06-20
Exact text from the filing
On June 20, 2023, Centrus Energy Corp. (the “Company”) entered into a Fifth Amendment to the Section 382 Rights Agreement (the “Fifth Amendment”), which amends the Section 382 Rights Agreement, dated as of April 6, 2016 (the “Rights Agreement”), by and among the Company and Computershare Trust Company, N.A. and Computershare Inc., as rights agent
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CENTRUS ENERGY CORP shareholders approved Advisory vote on frequency of say-on-pay at the 2023-06-20 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
Proposal 2 The Company’s stockholders cast their votes with respect to the approval, on an advisory basis, of the frequency of holding the advisory vote on the Company’s executive compensation (i.e., say-on-pay) as follows: One Year Two Years Three Years Abstain Broker Non-Votes 8,439,006 11,400 232,961 14,854 2,486,629
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CENTRUS ENERGY CORP shareholders approved Election of seven directors at the 2023-06-20 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
Proposal 1 The Company’s stockholders elected seven directors (listed below) to hold office until the next annual meeting of stockholders and until his or her successor is elected and has qualified.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CENTRUS ENERGY CORP shareholders approved Approval of Section 382 Rights Agreement as amended at the 2023-06-20 meeting.
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
Proposal 4 The Company’s stockholders cast their votes with respect to the approval of the Section 382 Rights Agreement, as amended, as follows: For Against Abstain Broker Non-Votes 8,052,225 630,468 15,528 2,486,629
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CENTRUS ENERGY CORP shareholders approved Ratification of Deloitte & Touche LLP as independent auditors for 2023 at the 2023-06-20 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
Proposal 5 The Company’s stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent auditors for 2023 as follows: For Against Abstain Broker Non-Votes 11,135,996 23,842 25,012 --
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CENTRUS ENERGY CORP shareholders approved Advisory approval of executive compensation (say-on-pay) at the 2023-06-20 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-20
Exact text from the filing
Proposal 3 The Company’s stockholders cast their votes with respect to the approval, on an advisory basis, of the Company’s executive compensation (i.e., say-on-pay) as follows: For Against Abstain Broker Non-Votes 8,567,623 108,641 21,957 2,486,629
View on SEC.gov
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