Euronet Worldwide, Inc. (NASDAQ:EEFT) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
As reported in the Original 8-K, the Company conducted a non-binding advisory vote on the frequency of future Say-on-
Pay at the 2017 Annual Meeting. A majority of the Company's stockholders that voted on the matter indicated a preference on holding an annual Say-on-Pay vote on the Company's executive compensation. Consistent with the stated preference of the Company's stockholders, the Board of Directors of the Company has determined that the Company will include a Say-on-
Pay vote on executive compensation in the Company's proxy materials on an annual basis, until such time as another advisory vote is held on the frequency of such non-binding advisory votes on executive compensation.
About Euronet Worldwide, Inc. (NASDAQ:EEFT)
Euronet Worldwide, Inc. is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products. It operates in three segments: EFT Processing, which provides electronic payment solutions consisting of ATM cash withdrawal and deposit services, outsourced ATM and POS management solutions, and credit and debit card outsourcing; epay, which provides electronic distribution and processing of prepaid mobile airtime and other electronic payment products and collection services, and Money Transfer, which provides global consumer-to-consumer money transfer services and global account-to-account money transfer services.
