Eastern Bankshares shareholders approve share issuance for Cambridge Bancorp merger

Eastern Bankshares, Inc.

Shareholders voted 121,423,622 in favor, 17,842,916 against, 236,674 abstentions for the Eastern Share Issuance Proposal.
The adjournment proposal was also approved with 120,432,353 votes for, 18,885,880 against, 184,979 abstentions.
No adjournment was necessary because the share issuance proposal passed.
The merger with Cambridge Bancorp, announced September 19, 2023, moves forward.

item 5.07 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Eastern Bankshares, Inc. shareholders approved Eastern Adjournment Proposal at the 2024-02-28 meeting.

Outcome: passed
Meeting: 2024-02-28

Exact text from the filing

Proposal 2: Eastern Adjournment Proposal At the Special Meeting, shareholders authorized the postponement or adjournment of the Special Meeting, if necessary, to permit further solicitation of proxies or to provide amended or supplemental materials, by the vote set forth below: Votes For Votes Against Abstentions 120,432,353 18,885,880 184,979

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Eastern Bankshares, Inc. shareholders approved Eastern Share Issuance Proposal at the 2024-02-28 meeting.

Proposal: merger approval
Outcome: passed
Meeting: 2024-02-28

Exact text from the filing

Proposal 1: Eastern Share Issuance Proposal At the Special Meeting, shareholders authorized the issuance of shares of Company common stock to Cambridge shareholders by the vote set forth below: Votes For Votes Against Abstentions 121,423,622 17,842,916 236,674

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Eastern Bankshares, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-050961

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