NW Holdings authorizes $150M share buyback; shareholders reelect directors

Northwest Natural Holding Co

Board authorized new share repurchase program for up to 5M shares or $150M, replacing prior $100M program that bought 2.1M shares for $83.3M.
Annual meeting results: all four Class I director nominees elected; say-on-pay approved with 96% of votes cast; PwC ratified as auditor with 97%.
Bylaws amended to clarify abstentions/broker non-votes at meetings and modify shareholder director nomination procedures, reserving white proxy cards for board.
Repurchase program effective May 23, 2024; timing and number of shares depend on market conditions; program may be suspended or discontinued anytime.

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