AGM/EGMMay 14, 2026, 04:37 PM
OGE Energy Shareholders Elect Directors, Approve Comp; Declares $0.425 Dividend
AI Summary
OGE Energy Corp. announced that its Board of Directors declared a third-quarter dividend of $0.425 per common share, payable on July 31, 2026, to shareholders of record on July 6, 2026. At the Annual Meeting of Shareholders held on May 14, 2026, shareholders elected eight directors, ratified Ernst & Young LLP as the independent accountants for 2026, and approved the compensation paid to named executive officers on an advisory basis. A shareholder proposal concerning a simple majority vote received majority support but failed to meet the 80 percent of outstanding votes required for implementation.
Key Highlights
- OGE Energy's Board declared a third-quarter dividend of $0.425 per common share.
- Dividend is payable July 31, 2026, to shareholders of record July 6, 2026.
- Shareholders elected eight members to the Board of Directors.
- Appointment of Ernst & Young LLP as principal independent accountants for 2026 was ratified.
- Advisory vote to approve named executive officer compensation was approved with 142,601,835 votes For.
- Shareholder proposal regarding simple majority vote received 118,534,734 votes For.
- The simple majority vote proposal did not meet the required 80% of outstanding votes for implementation.
Price Impact
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