other material
confidence high
sentiment neutral
materiality 0.15
KKR shareholders approve 3 charter amendments; supermajority removal fails with 86%
KKR & Co. Inc.
- Proposal 1 to eliminate 90% supermajority vote received 85.97% support, short of 90% needed; meeting adjourned to May 21.
- Proposal 2 making stockholders' meetings the sole voting mechanism approved with 59.03% of outstanding for.
- Proposal 3 granting Board sole authority to fill vacancies approved with 71.82% of outstanding for.
- Proposal 4 fixing Board size and streamlining charter approved with 70.09% of outstanding for.
- Amendments effective upon filing Certificates of Amendment with Delaware prior to Sunset Date.