FIRST SOLAR, INC. (NASDAQ:FSLR) 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 previously reported on the Original 8-K, the Company held its 2017 Annual Meeting of Stockholders on May 17, 2017. In light of the vote of the stockholders of the Company on Proposal 4 with respect to the frequency of the advisory vote on executive compensation, the Board of Directors of the Company has determined that the Company will hold an advisory vote on executive compensation every three years, until the next required vote on the frequency of the stockholder advisory vote on executive compensation.
About FIRST SOLAR, INC. (NASDAQ:FSLR)
First Solar, Inc. is a provider of photovoltaic (PV) solar energy solutions. The Company designs, manufactures and sells PV solar modules with thin-film semiconductor technology, and also develops, designs, constructs and sells PV solar power solutions. The Company operates through two segments: components and systems. The Company’s components segment designs, manufactures and sells solar modules, which convert sunlight into electricity. The Company’s systems segment provides PV solar power systems or solar solutions for systems, which use the Company’s solar modules. The Company provides operations and maintenance (O&M) services to plant owners that use solar modules manufactured by the Company or by other third-party manufacturers. The Company has approximately 30 manufacturing lines around the world and over 2.8 gigawatts (GW) of annual manufacturing capacity with lines having a production capability of approximately 2,500 modules per day.