AGM/EGMApr 13, 2026, 04:22 PM
Lennar Stockholders Elect Directors, Reject Equal Voting Rights Proposal
AI Summary
Lennar Corporation held its 2026 Annual Meeting of Stockholders on April 8, 2026. All nine director nominees, including Amy Banse and Stuart Miller, were successfully elected. Stockholders also approved the compensation of named executive officers on an advisory basis and ratified Deloitte & Touche LLP as the independent registered public accounting firm. However, two stockholder proposals, one regarding Equal Voting Rights for Each Share and another on Disclosure of Voting, were not approved by the stockholders.
Key Highlights
- All nine director nominees were elected to serve until the 2027 Annual Meeting.
- Stockholders approved executive compensation on an advisory basis with 426,605,552 votes For.
- Deloitte & Touche LLP was ratified as the independent auditor with 482,154,444 votes For.
- Stockholder proposal on Equal Voting Rights for Each Share was not approved (298,980,467 votes Against).
- Stockholder proposal on Disclosure of Voting was not approved.
Price Impact
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