ASTEC INDUSTRIES, INC. (NASDAQ:ASTE) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders
Shareholders on April 27, 2017. The following is a summary of the
matters voted on at the meeting:
in Class I to each serve a three-year term were as follows:
|
For
|
Withheld
|
Broker
Non-Votes
|
||||||||||
|
William D. Gehl
|
20,278,910
|
680,021
|
1,140,697
|
|||||||||
|
William G. Dorey
|
20,373,395
|
585,536
|
1,140,697
|
|||||||||
|
Charles F. Potts
|
20,828,316
|
130,615
|
1,140,697
|
approve the compensation of the Company’s executive officers
were as follows:
|
Votes For
|
Votes Against
|
Abstain
|
Broker
Non-Votes
|
|||
|
20,775,890
|
171,987
|
11,054
|
1,140,697
|
which shareholder approval of the Compensation of the Company’s
named executive officers is solicited were as follows:
|
1 Year
|
2 Years
|
3 Years
|
Abstain
|
|||
|
17,204,753
|
13,124
|
3,375,495
|
5,559
|
the Company’s independent registered public accounting firm for
the fiscal year 2017 were as follows:
|
Votes For
|
Votes Against
|
Abstain
|
|||||
|
22,073,942
|
16,430
|
9,256
|
votes, the Board has determined that say-on-pay votes will
continue to be held every year until the next shareholder vote on
the frequency is solicited.
Inc. (the “Company”) declared a quarterly cash dividend of ten
cents ($0.10) per share of Company common stock to be paid on or
after May 26, 2017 to the Company’s common shareholders of
record as of May 11, 2017.
About ASTEC INDUSTRIES, INC. (NASDAQ:ASTE)
Astec Industries, Inc. designs, engineers, manufactures and markets equipment and components used primarily in road building and related construction activities. The Company’s products are used in each phase of road building, from quarrying and crushing the aggregate to application of the road surface. The Company also manufactures certain equipment and components unrelated to road construction, including equipment for the mining, quarrying, construction and demolition industries, and port and rail yard operators; gas and oil drilling rigs; water well and geothermal drilling rigs; industrial heat transfer equipment; whole-tree pulpwood chippers; horizontal grinders, and blower trucks. The Company also manufactures a line of multiple use plants for cement treated base, roller compacted concrete and ready-mix concrete. The Company’s business segments are Infrastructure Group, Aggregate and Mining Group and Energy Group. ASTEC INDUSTRIES, INC. (NASDAQ:ASTE) Recent Trading Information
ASTEC INDUSTRIES, INC. (NASDAQ:ASTE) closed its last trading session down -0.44 at 63.39 with 127,368 shares trading hands.
