---
schema_version: "secwatch.filing_event.v1"
accession: "0001677703-24-000094"
form_type: "8-K"
ticker: "CNDT"
cik: "0001677703"
company_name: "CONDUENT Inc"
filed_at: "2024-06-10T23:59:59+00:00"
generated_at: "2026-06-01T05:19:16.028516+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Conduent repurchases Icahn's 38.1M shares for $132M; three Icahn directors resign

## Summary
- 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.

## SEC filing metadata
- accession: 0001677703-24-000094
- form_type: 8-K
- ticker: CNDT
- cik: 0001677703
- company_name: CONDUENT Inc
- filed_at: 2024-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 1.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000094/0001677703-24-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000094/cndt-20240608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001677703-24-000094
- JSON: https://secwatch.observer/filing/0001677703-24-000094.json
- Plain text: https://secwatch.observer/filing/0001677703-24-000094.txt

## Key facts
- Executive change
  Steven Miller resigned as Director at CONDUENT Inc.
  - Action: resigned
  - Role: Director
  source text: Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000094/0001677703-24-000094-index.htm
- Executive change
  Hunter Gary resigned as Director at CONDUENT Inc.
  - Action: resigned
  - Role: Director
  source text: Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000094/0001677703-24-000094-index.htm
- Executive change
  Jesse A. Lynn resigned as Director at CONDUENT Inc.
  - Action: resigned
  - Role: Director
  source text: Hunter Gary, Jesse A. Lynn and Steven Miller, who are employed by the Icahn Parties, resigned from the Company’s board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000094/0001677703-24-000094-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.