home · filing · 0001677703-24-000094
8-K filed June 10, 2024, 7:59 PM ET
ticker CNDT
CIK 0001677703
other material
confidence high
sentiment positive
materiality 0.80
Conduent repurchases Icahn's 38.1M shares for $132M; three Icahn directors resign
CONDUENT Inc
Repurchased 38,149,336 shares from Carl Icahn and affiliates at $3.47/share, aggregate ~$132M.
Funded from cash on hand and existing credit facility; Icahn Parties now hold zero Conduent shares.
Icahn-affiliated directors Hunter Gary, Jesse Lynn, Steven Miller resigned from board.
Independent director Scott Letier appointed to Audit Committee to fill vacancy.
Icahn Agreement terminated; standstill provisions remain until 30 days after 2026 annual meeting.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Departed
Steven Miller
Director
Effective 2024-06-10
Filed June 10, 2024, 7:59 PM ET
Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
Departed
Hunter Gary
Director
Effective 2024-06-10
Filed June 10, 2024, 7:59 PM ET
Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
Departed
Jesse A. Lynn
Director
Effective 2024-06-10
Filed June 10, 2024, 7:59 PM ET
Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Steven Miller resigned as Director at CONDUENT Inc.
Action resigned
Role Director
Exact text from the filing
Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Hunter Gary resigned as Director at CONDUENT Inc.
Action resigned
Role Director
Exact text from the filing
Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jesse A. Lynn resigned as Director at CONDUENT Inc.
Action resigned
Role Director
Exact text from the filing
Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
View on SEC.gov
Source: SEC EDGAR
accession 0001677703-24-000094
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