Corporate ActionMay 8, 2026, 04:47 PM
VSE Corp Declares $0.10 Quarterly Dividend; Authorizes Blank Check Preferred Stock
AI Summary
VSE Corporation held its 2026 Annual Meeting of Stockholders on May 7, 2026, where all four proposals were approved. Stockholders elected eight directors, ratified Grant Thornton LLP as the independent auditor for 2026, and approved the non-binding advisory vote on executive compensation. Additionally, an amendment to the Certificate of Incorporation to authorize the issuance of blank check preferred stock was approved. The Board of Directors also declared a quarterly cash dividend of $0.10 per share, payable on July 29, 2026, to stockholders of record as of July 15, 2026.
Key Highlights
- VSE Corp declared a quarterly cash dividend of $0.10 per share.
- Dividend is payable on July 29, 2026, to stockholders of record as of July 15, 2026.
- All eight director nominees were elected to serve a one-year term.
- Grant Thornton LLP was ratified as the independent registered public accounting firm for 2026.
- Non-binding advisory vote to approve executive compensation was approved with 19,719,357 votes For.
- Amendment to authorize issuance of blank check preferred stock was approved with 21,080,048 votes For.
- 93.42% of shares entitled to vote were present at the Annual Meeting.
Price Impact
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