secwatch.observer — SEC 8-K summary
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Issuer:     Kontoor Brands, Inc. (KTB)
CIK:        0001760965
Form:       8-K
Filed at:   2024-04-19T23:59:59+00:00
Accession:  0001760965-24-000028
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kontoor Brands declares $0.50 quarterly dividend; shareholders approve supermajority voting repeal
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- Quarterly cash dividend of $0.50 per share, payable June 20, 2024 to holders of record June 10, 2024.
- Shareholders approved amendments to Articles of Incorporation to replace all supermajority voting standards with majority voting.
- All eight director nominees elected; ratification of PwC as auditor approved; say-on-pay passed with ~94% for votes.
- Dividend remains at prior quarterly rate; no change indicated from previous $0.50 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1760965/000176096524000028/0001760965-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1760965/000176096524000028/ktb-20240418.htm
  HTML page:      https://secwatch.observer/filing/0001760965-24-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer