8-K
filed May 30, 2023, 7:59 PM ET
ticker PWR
CIK 0001050915
dividend
confidence high
sentiment positive
materiality 0.65
Quanta Services declares $0.08 quarterly dividend and $500M stock buyback program
QUANTA SERVICES, INC.
- Quarterly cash dividend of $0.08/share ($0.32 annualized), payable July 14, 2023 to holders of record July 3, 2023.
- Board authorized $500M stock repurchase program, effective July 1, 2023 through June 30, 2026, replacing expiring program.
- Under the prior $155M buyback (authorized Aug 2020), ~1.4M shares were repurchased to date.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
QUANTA SERVICES, INC. shareholders approved Advisory resolution approving the Company's executive compensation at the 2023-05-23 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
The advisory resolution approving the Company’s executive compensation as set forth in the 2023 Proxy Statement was approved with the vote totals, rounded to the nearest whole share, as set forth in the table below: Number of Votes Cast For Number of Votes Cast Against Abstentions Broker Non-Votes 107,486,060 11,460,767 215,010 9,463,781
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
QUANTA SERVICES, INC. shareholders approved Election of ten director nominees to serve one-year terms expiring at the 2024 Annual Meeting of Stockholders at the 2023-05-23 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
The following ten director nominees were elected as directors of the Company to serve one-year terms expiring at the 2024 Annual Meeting of Stockholders. The vote totals for each director, rounded to the nearest whole share, are set forth in the table below: Nominee: Number of Votes Cast For Number of Votes Cast Against Abstentions Broker Non-Votes Earl C. Austin, Jr. 118,225,626 865,154 71,058 9,463,781 Doyle N. Beneby 114,185,830 4,911,601 64,407 9,463,781 Vincent D. Foster 110,660,399 8,425,628 75,810 9,463,781 Bernard Fried 112,176,410 6,909,997 75,430 9,463,781 Worthing F. Jackman 109,991,445 9,094,589 75,803 9,463,781 Holli C. Ladhani 118,278,119 820,754 62,965 9,463,781 David M. McClanahan 115,140,823 3,957,701 63,313 9,463,781 R. Scott Rowe 118,051,385 1,046,234 64,219 9,463,781 Margaret B. Shannon 115,258,346 3,836,616 66,876 9,463,781 Martha B. Wyrsch 98,842,396 20,247,644 71,798 9,463,781
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
QUANTA SERVICES, INC. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-05-23 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
The appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2023 was ratified with the vote totals, rounded to the nearest whole share, as set forth in the table below: Number of Votes Cast For Number of Votes Cast Against Abstentions Broker Non-Votes 120,212,403 8,366,400 46,816 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
QUANTA SERVICES, INC. shareholders approved Advisory vote on the frequency of future stockholder advisory votes on executive compensation at the 2023-05-23 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
In the advisory vote on the frequency of future stockholder advisory votes on the Company’s executive compensation, votes were cast in favor of holding future advisory votes every year, every two years or every three years as set forth in the table below: 1 year 2 years 3 years Abstentions Broker Non-Votes 116,504,088 86,312 2,496,300 75,137 9,463,781
View on SEC.gov
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