BELDEN INC. shareholders approved Approval of the Amended and Restated Belden Inc. 2021 Long Term Incentive Plan at the 2026-05-21 meeting.
“Proposal 4: Approval of the Amended and Restated Belden Inc. 2021 Long Term Incentive Plan. For Against Abstain Broker Non-Votes 35,776,894 798,210 28,293 935,100”
Shareholder Votes
BELDEN INC. shareholders approved Advisory Vote on Executive Compensation at the 2026-05-21 meeting.
“Proposal 3: Advisory Vote on Executive Compensation. For Against Abstain Broker Non-Votes 36,210,874 362,824 29,699 935,100”
Shareholder Votes
BELDEN INC. shareholders approved Ratification of Ernst & Young as Independent Registered Public Accountant at the 2026-05-21 meeting.
“Proposal 2: Ratification of Ernst & Young as Independent Registered Public Accountant. For Against Abstain 36,294,064 1,226,369 18,064”
Shareholder Votes
BELDEN INC. shareholders approved Election of Ten Directors for a One-Year Term at the 2026-05-21 meeting.
“On May 21, 2026, Belden Inc. (the “Company”) held its regular Annual Meeting of Stockholders. The stockholders considered four proposals. The results of the voting were as follows: Proposal 1: Election of Ten Directors for a One-Year Term.”
Earnings Releases
BELDEN INC. reported first quarter 2026 results: revenue $696 million, net income $51 million, EPS $1.30.
“First Quarter 2026 Highlights • Revenues of $696 million, up 11% y/y and up 7% y/y organically • GAAP EPS of $1.30, up 2% y/y • Adjusted EPS of $1.77, up 11% y/y • Repurchased 0.3 million shares for $30 million during the quarter "Belden delivered a strong start to 2026, with revenues up 11% year over year and up 7% organically, reflecting continued momentum in our solutions strategy and solid execution across the business,” said Ashish Chand, President and CEO of Belden Inc.”
Material Agreements
BELDEN INC. entered into Purchase Agreement with Vistance Networks, Inc. valued at approximately $1.846 billion in cash (effective 2026-04-29).
“On April 29, 2026, Belden Inc., a Delaware corporation (the “Company”), and Vistance Networks, Inc., a Delaware corporation (“Vistance”) entered into a Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company has agreed to purchase, and Vistance has agreed to sell, the RUCKUS reporting segment of Vistance (collectively, the “Business”) in exchange for approximately $1.846 billion in cash, on a cash-free, debt-free basis, subject to certain adjustments (the “Transaction”).”
Debt Financings
BELDEN INC. incurred senior notes of €450 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.250% maturing February 1, 2033.
“On January 28, 2026, Belden Inc. (the “Company”) completed its previously announced issuance and sale of €450 million aggregate principal amount of 4.250% Senior Subordinated Notes due 2033 (the “Notes”).”
Material Agreements
BELDEN INC. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee, U.S. Bank Europe DAC, UK Branch, as principal paying agent, and U.S. Bank Europe DAC, as transfer agent and registrar valued at €450 million aggregate principal amount of 4.250% Senior Subordinated Notes due 2033 (effective 2026-01-28).
“On January 28, 2026, Belden Inc. (the “Company”) completed its previously announced issuance and sale of €450 million aggregate principal amount of 4.250% Senior Subordinated Notes due 2033 (the “Notes”). The Notes were issued pursuant to an indenture dated as of January 28, 2026 (the “Indenture”), by and among the Company, the guarantors party thereto, U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), U.S. Bank Europe DAC, UK Branch, as principal paying agent, and U.S. Bank Europe DAC, as transfer agent and registrar.”
Governance Changes
BELDEN INC.: Adopted new Code of Conduct effective August 21, 2025 (effective 2025-08-21).
“Effective August 21, 2025, the Board of Directors of Belden Inc. approved the adoption of a new code of ethics for the Company, known as the Belden Code of Conduct”
Earnings Releases
BELDEN INC. updated its second quarter of 2024 guidance (reaffirmed).
“Assuming no significant changes to the current market environment, the table below provides guidance for the second quarter of 2024.”
Earnings Releases
BELDEN INC. reported first quarter ended March 31, 2024 results: revenue $536 million, EPS $0.90.
“network infrastructure and digitization solutions, today reported fiscal first quarter results for the period ended March 31, 2024. First Quarter 2024 Highlights • Revenues of $536 million, down 17% y/y and down 17% y/y organically • GAAP EPS of $0.90, down 38% y/y • Adjusted EPS of $1.24, down 26% y/y • Entered into a definitive agreement to purchase Precision”
Material Agreements
BELDEN INC. amended Amendment No. 2 to Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and a syndicate of lenders (effective 2024-04-16).
“On April 16, 2024, Belden Inc., a Delaware corporation (the “Company”), as borrower representative on behalf of certain of its U.S. and non-U.S. subsidiaries, the Lenders (as defined below) and Administrative Agent (as defined below), entered into Amendment No. 2 to Second Amended and Restated Credit Agreement (the “Amendment”), which amends the Second Amended and Restated Credit Agreement (the “Second Amended and Restated Credit Agreement”) by and among the Company, as the U.S. borrower, certain non-U.S. subsidiaries of the Company located in Canada, Germany, the United Kingdom and the Netherlands, as foreign borrowers, certain other U.S. and non-U.S. subsidiaries of the Company party thereto as guarantors, JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”), and a syndicate of lenders (the “Lenders”).”
Earnings Releases
BELDEN INC. updated its first quarter of 2024 guidance (initiated).
BELDEN INC. reported fourth quarter and full year 2023 results: revenue $551 million, net income $39 million, EPS $0.91.
“and digitization solutions, today reported fiscal fourth quarter and full year results for the period ended December 31, 2023. Fourth Quarter 2023 Highlights • Revenues of $551 million, down 16% y/y and down 18% organically • GAAP EPS of $0.91, down 35% y/y • Adjusted EPS of $1.46, down 17% y/y • Executed $42 million of share repurchases during the quarter, and”
Earnings Releases
BELDEN INC. reported third quarter of 2023 results: revenue approximately $625 million, EPS $1.67 to $1.69. Guidance lowered.
“Fax: 314.854.8003 St. Louis, Missouri 63105 www.Belden.com News Release Belden Announces Preliminary Third Quarter Results • Preliminary Third Quarter Revenues of Approximately $625 Million • Preliminary Third Quarter GAAP EPS range of $1.67-$1.69 and Adjusted EPS range of $1.75-$1.77 • Management to Discuss Financial Results and Outlook on Third Quarter Earnings”
Earnings Releases
BELDEN INC. updated its second quarter 2023 guidance (raised).
“On August 3, 2023, Belden Inc. (the "Company") issued a press release announcing its financial results for the second quarter 2023.”
Jay Wirts changed role as Executive Vice President – Enterprise Solutions at BELDEN INC..
“Also on June 20, 2023, the Company announced that Jay Wirts had been promoted from his prior position of President – Smart Buildings to the position of Executive Vice President – Enterprise Solutions.”
Anshuman Mehrotra was terminated as Executive Vice President – Broadband Solutions at BELDEN INC..
“On June 20, 2023, Belden Inc. (the “Company”) announced that the employment of Anshuman Mehrotra, Executive Vice President – Broadband Solutions, had terminated with immediate effect.”
Shareholder Votes
BELDEN INC. shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2023-05-25 meeting.
“Proposal 4: Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation. One Year Two Years Three Years Abstain Broker Non-Votes 38,164,035 5,114 1,632,045 17,654 820,476”
Shareholder Votes
BELDEN INC. shareholders approved Advisory Vote on Executive Compensation at the 2023-05-25 meeting.
“Proposal 3: Advisory Vote on Executive Compensation. For Against Abstain Broker Non-Votes 39,246,558 550,984 21,306 820,476”
Shareholder Votes
BELDEN INC. shareholders approved Ratification of Ernst & Young as Independent Registered Public Accountant at the 2023-05-25 meeting.
“Proposal 2: Ratification of Ernst & Young as Independent Registered Public Accountant. For Against Abstain 39,236,080 1,387,487 15,757”
Shareholder Votes
BELDEN INC. shareholders approved Election of Ten Directors for a One-Year Term at the 2023-05-25 meeting.
“Proposal 1: Election of Ten Directors for a One-Year Term. Shares Voted For Shares Voted Against Abstained Broker Non-Votes David Aldrich 38,219,388 1,584,132 15,328 820,476 Lance C. Balk 38,311,871 1,491,683 15,294 820,476 Steven W. Berglund 39,209,712 594,286 14,850 820,476 Diane D. Brink 39,417,601 386,562 14,685 820,476 Judy L. Brown 39,017,885 781,675 19,288 820,476 Nancy Calderon 39,301,407 502,607 14,834 820,476 Ashish Chand 39,389,563 413,212 16,073 820,476 Jonathan C. Klein 39,550,904 252,114 15,830 820,476 YY Lee 39,645,035 156,458 17,355 820,476 Gregory J. McCray 39,508,873 294,448 15,527 820,476”
Earnings Releases
BELDEN INC. reported the period ended April 2, 2023 results: revenue $642 million, net income $63 million, EPS $1.45. Guidance raised.
“supplier of network infrastructure solutions, today reported fiscal first-quarter results for the period ended April 2, 2023. First Quarter 2023 Highlights • Total Revenues of $642 million, +5% y/y • Organic Growth of +7% y/y • GAAP EPS of $1.45, +49% y/y • Adjusted EPS of $1.68, +28% y/y • Updated full year guidance and raised 2023 Revenues and Adjusted EPS •”
Vivie "YY" Lee was appointed as Director at BELDEN INC..
“Effective March 31, 2023, the Company’s Board of Directors expanded the size of the Board from nine to ten and appointed Vivie “YY” Lee to the Board and to its Audit Committee.”
Roel Vestjens resigned as President and Chief Executive Officer at BELDEN INC..
“Dr. Chand succeeds Roel Vestjens, who resigned as President and Chief Executive Officer and a member of the Board, effective as of February 22, 2023.”
Ashish Chand was appointed as President and Chief Executive Officer at BELDEN INC..
“The Board of Directors (the “Board”) of Belden Inc. (the “Company”) has named Ashish Chand, formerly the Company’s Executive Vice President, Industrial Automation, as President and Chief Executive Officer and as a member of the Board, effective immediately.”
Earnings Releases
BELDEN INC. reported Full Year 2023 and First Quarter 2023 results: revenue $2.670 billion to $2.720 billion (FY2023) and $615 million to $630 million (Q1 2023), EPS GAAP EPS $5.73 to $6.13 (FY2023), Adjusted EPS $6.60 to $7.00 (FY2023); GAAP EPS $1.29 to $1.39 (Q1 2023), Adjusted EPS. Guidance initiated.
“The table below provides guidance for both the full year 2023, as well as the first quarter of 2023. Full Year 2023: • Revenues between $2.670 billion and $2.720 billion • Organic growth between 3% and 5% • GAAP EPS between $5.73 and $6.13 • Adjusted EPS between $6.60 and $7.00 First Quarter 2023: • Revenues between $615 million and $630 million • Organic growth between 3% and 6% • GAAP EPS between $1.29 and $1.39 • Adjusted EPS between $1.50 and $1.60”
Earnings Releases
BELDEN INC. reported Full Year 2022 results: revenue $2.606 billion, net income $268 million, EPS $6.01.
“GAAP and Adjusted revenues for the year totaled a record $2.606 billion, increasing $305 million, or 13%, compared to $2.301 billion in the prior year. Organic growth for the year was 16%, with Industrial Automation Solutions at 19% and Enterprise Solutions at 13%. Net income was $268 million, compared to $199 million in the prior year. Net income as a percentage of revenue was 10.3%, compared to 8.6% in the prior year. EPS totaled an annual record $6.01, compared to $4.37 in the prior year, up 38%.”
Earnings Releases
BELDEN INC. reported Fourth Quarter 2022 results: revenue $659 million, net income $61 million, EPS $1.40.
“GAAP revenues for the quarter totaled $659 million, increasing $47 million, or 8%, compared to $612 million in the year-ago period. Organic year-over-year growth for the quarter was 12%, with Industrial Automation Solutions at 18% and Enterprise Solutions at 6%. Net income was $61 million, compared to $80 million in the year-ago period. Net income as a percentage of revenue was 9.3%, compared to 13.1% in the year-ago period. EPS totaled $1.40 for the quarter, compared to $1.76 in the year-ago period.”
Material Agreements
BELDEN INC. amended Amendment No. 1 to Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent, and a syndicate of lenders (effective 2022-12-29).
“On December 29, 2022, Belden Inc., a Delaware corporation (the “Company”), certain of its U.S. and non-U.S. subsidiaries, the Lenders (as defined below) and Administrative Agent (as defined below), entered into Amendment No. 1 to Second Amended and Restated Credit Agreement (the “Amendment”), which amends the Second Amended and Restated Credit Agreement (the “Second Amended and Restated Credit Agreement")”
Governance Changes
BELDEN INC.: The Board adopted amendments to the bylaws to align with Delaware General Corporate Law Section 219, comply with SEC Rule 14a-9, and make other modernizing and clean-up changes (effective 2022-11-30).
“Effective November 30, 2022, the Board of Directors (the “Board”) of Belden Inc. (the “Company”) adopted amendments to the Company’s bylaws for the purposes of (1) aligning the bylaws with the recently amended Section 219 of the Delaware General Corporate Law; (2) ensure that the bylaws comply with new SEC Rule 14a-9; and (3) to make other general clean-up and modernization amendments deemed proper by the Board.”
Earnings Releases
BELDEN INC. reported third quarter 2022 results: revenue $670 million, net income $104 million, EPS $2.35. Guidance raised.
“Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure solutions, today reported fiscal third quarter 2022 results for the period ended October 2, 2022. Third Quarter 2022 Revenues for the quarter totaled $670 million, increasing $65 million, or 11%, compared to $605 million in the year-ago period. Net income was $104 million, compared to $44 million in the year-ago period. Net income as a percentage of revenue was 15.5%, compared to 7.3% in the year-ago period. Net income in the quarter included a $38 million pre-tax gain on the sale of an asset. EPS totaled a quarterly record $2.35, compared to $0.97 in the third quarter 2021.”
Leah Tate was appointed as Senior Vice President, Human Resources at BELDEN INC..
“Effective March 18, 2022, Dean McKenna, Senior Vice President, Human Resources for Belden Inc. (the “Company”) and a named executive officer in the Company’s 2021 proxy statement, was succeeded by Leah Tate.”
Dean McKenna departed as Senior Vice President, Human Resources at BELDEN INC..
“Effective March 18, 2022, Dean McKenna, Senior Vice President, Human Resources for Belden Inc. (the “Company”) and a named executive officer in the Company’s 2021 proxy statement, was succeeded by Leah Tate.”
Gregory McCray was appointed as Director at BELDEN INC..
“Effective February 1, 2022, the Company’s Board of Directors expanded the size of the Board from ten to eleven and appointed Gregory McCray to the Board and to its Finance Committee and Nominating and Corporate Governance Committee.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.