8-K
filed January 27, 2023, 6:59 PM ET
ticker J
CIK 0000052988
leadership
confidence high
sentiment positive
materiality 0.75
Bob Pragada becomes CEO; $1B buyback authorized; dividend raised 13% to $0.26/qtr
JACOBS SOLUTIONS INC.
- Bob Pragada assumed CEO role effective Jan 24, 2023, and was elected to the Board.
- Board authorized $1B share repurchase program over three years, replacing prior program.
- Quarterly dividend increased 13% to $0.26 per share; payable Mar 24, 2023 to holders of record Feb 24, 2023.
- Shareholders approved amendment to stock incentive plan, extending term 10 years and changing share counting for full-value awards.
- Priya Abani added to Audit Committee; all director nominees elected; say-on-pay approved with 96M votes for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
JACOBS SOLUTIONS INC. shareholders approved Advisory Vote on the Frequency of Advisory Votes on the Company's Executive Compensation at the 2023-01-24 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-01-24
Exact text from the filing
Proposal No. 3 : Advisory Vote on the Frequency of Advisory Votes on the Company's Executive Compensation 1 Year 2 Years 3 Years Abstain 99,516,384 118,044 1,344,981 116,755 There were 9,918,811 broker non-votes on the proposal.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
JACOBS SOLUTIONS INC. shareholders approved Election of Directors at the 2023-01-24 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-01-24
Exact text from the filing
Proposal No. 1 : Election of Directors For Against Abstain Steven J. Demetriou 97,517,690 3,489,535 88,939
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
JACOBS SOLUTIONS INC. shareholders approved Advisory Vote to Approve the Company's Executive Compensation at the 2023-01-24 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-01-24
Exact text from the filing
Proposal No. 2 : Advisory Vote to Approve the Company's Executive Compensation For Against Abstain 96,761,475 3,994,902 339,787 There were 9,918,811 broker non-votes on the proposal.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
JACOBS SOLUTIONS INC. shareholders approved Vote to Approve the Amendment and Restatement of the Company's 1999 Stock Incentive Plan at the 2023-01-24 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-01-24
Exact text from the filing
Proposal No. 4 : Vote to Approve the Amendment and Restatement of the Company's 1999 Stock Incentive Plan For Against Abstain 97,352,385 3,572,245 171,534 There were 9,918,811 broker non-votes on the proposal.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
JACOBS SOLUTIONS INC. shareholders approved Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending September 29, 2023 at the 2023-01-24 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-01-24
Exact text from the filing
Proposal No. 5 : Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending September 29, 2023 For Against Abstain 107,808,413 3,055,736 150,826 There were no broker non-votes on the proposal.
View on SEC.gov
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