other material
confidence high
sentiment neutral
materiality 0.15
MFA Financial annual meeting: charter amendment to reduce authorized shares fails despite majority support
MFA FINANCIAL, INC.
- Class III directors Francis J. Oelerich III and Lisa Polsky elected with ~51.7M and ~51.7M votes For.
- Ratification of KPMG as auditor for 2022 approved with 70.9M For, 816,932 Against.
- Advisory say-on-pay passed with 51.1M For, 1.9M Against.
- Proposal 4 (amendment to decrease authorized shares) failed; 52.2M For but required majority of all 104.9M shares entitled to vote (52.5M).
- Quorum of 72.0M shares (~68.6%) present at June 7, 2022 meeting.