other material
confidence high
sentiment positive
materiality 0.60
Seneca Foods annual meeting elects directors; board expands stock repurchase program to 2.5M shares
Seneca Foods Corp
- Directors Peter R. Call, Kraig H. Kayser, Bruce E. Ware elected to three-year terms at August 9, 2023 annual meeting.
- Non-binding advisory vote on executive compensation passed; company will hold say-on-pay votes every three years.
- Board increased stock repurchase authorization to up to 2,500,000 shares of Class A/B common and convertible preferred.
- As of August 9, 2023, 1,050,661 shares remained available for repurchase under the expanded program.