secwatch.observer — SEC 8-K summary
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Issuer:     JACOBS SOLUTIONS INC. (J)
CIK:        0000052988
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0001193125-23-017253
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bob Pragada becomes CEO; $1B buyback authorized; dividend raised 13% to $0.26/qtr
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/52988/000119312523017253/0001193125-23-017253-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/52988/000119312523017253/d370658d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-017253

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer