Devon shareholders approve Coterra merger proposals; closing expected May 7

DEVON ENERGY CORP/DE

Stock issuance proposal approved: 470M for, 4.1M against, 1.2M abstain.
Charter amendment (doubling authorized shares to 2B) approved: 468M for, 5.8M against.
Closing expected on or about May 7, 2026, subject to customary conditions.
Merger Agreement dated Feb 1, 2026; combined entity will be a top US independent producer.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

DEVON ENERGY CORP/DE shareholders approved Proposal One - The Stock Issuance Proposal (approve issuance of shares to Coterra stockholders pursuant to the Merger Agreement) at the 2026-05-04 meeting.

Proposal: merger approval
Outcome: passed
Meeting: 2026-05-04

Exact text from the filing

Proposal One - The Stock Issuance Proposal. The Stock Issuance Proposal was approved. Voting results were as follows: For Against Abstain Broker Non-Votes 470,046,943 4,149,656 1,150,100 0

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

DEVON ENERGY CORP/DE shareholders approved Proposal Two - The Authorized Share Charter Amendment Proposal (amendment to increase authorized common stock from 1,000,000,000 to 2,000,000,000) at the 2026-05-04 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2026-05-04

Exact text from the filing

Proposal Two - The Authorized Share Charter Amendment Proposal. The Authorized Share Charter Amendment Proposal was approved. Voting results were as follows: For Against Abstain Broker Non-Votes 468,262,401 5,833,875 1,250,423 0

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224 shareholder votes filed in the last 30 days. Browse all shareholder votes →

DEVON ENERGY CORP/DE filing history →

Source: SEC EDGAR

accession 0001193125-26-204738

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