m_and_a
confidence high
sentiment positive
materiality 0.90
AZEK stockholders approve merger with James Hardie; close expected July 1
AZEK Co Inc.
- 99.96% of votes cast (108,771,210 for, 38,994 against) approved adoption of merger agreement.
- Stockholders to receive $26.45 cash + 1.0340 James Hardie shares per AZEK share.
- Merger expected to close on or about July 1, 2025, subject to closing conditions.
- Advisory vote on executive compensation passed with 105,985,608 votes for (96.4% of cast).
- Over 75% of total outstanding shares voted in favor of the merger proposal.
item 5.07item 8.01item 9.01