secwatch.observer — SEC 8-K summary
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Issuer:     TE Connectivity plc (TEL)
CIK:        0001385157
Form:       8-K
Filed at:   2022-03-09T23:59:59+00:00
Accession:  0001104659-22-031992
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

TE Connectivity shareholders reject renewal of authorized capital; two directors depart at AGM
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- Item 14 renewal of authorized capital failed with 50.27% votes against, a management proposal.
- Directors Daniel J. Phelan (age 72) and Pierre R. Brondeau retired; not nominated for re-election.
- All 12 director nominees elected; Thomas J. Lynch re-elected Chairman despite 12.09% against.
- Approved $2.24/share annual dividend (four quarterly $0.56 payments) and share repurchase authorization.
- Advisory vote on executive compensation passed with 95.04% support; auditors elected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385157/000110465922031992/0001104659-22-031992-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1385157/000110465922031992/tm228715d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-031992

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