IDT CORPORATION (NYSE:IDT) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07Submission of Matters to a Vote of Security
Holders.
(a)IDT Corporations (the Company) Annual Meeting of Stockholders
was held on December 14, 2016 (the Meeting). Stockholders voted
on the matters set forth below.
(b)(1) A majority of the votes present or represented at the
Meeting by the holders of shares entitled to vote on the
following matter were voted in connection with the election of
each of the Board of Directors nominees named in the Proxy
Statement of the Company.
The nominees for election to the Board of Directors were elected,
each for a one-year term, based upon the following votes:
| Nominee | Votes For | Votes Against | Abstentions | Broker Non-Vote | % Votes For | |||||||||||||||
| Michael Chenkin | 6,227,693 | 148,834 | 44,215 | 96.99 | ||||||||||||||||
| Eric F. Cosentino | 6,293,558 | 83,084 | 44,100 | 98.02 | ||||||||||||||||
| Howard S. Jonas | 5,442,668 | 928,102 | 49,972 | 84.77 | ||||||||||||||||
| Bill Pereira | 6,302,145 | 74,323 | 44,274 | 98.15 | ||||||||||||||||
| Judah Schorr | 6,294,622 | 81,812 | 44,308 | 98.04 | ||||||||||||||||
(2)A majority of the votes present or represented at the Meeting
by the holders of shares entitled to vote on the following matter
were voted in connection with the approval of an amendment to the
Companys 2015 Stock Option and Incentive Plan.
The number of votes cast with respect to this matter was as
follows:
| Votes For | Votes Against | Abstentions | Broker Non-Vote | % Votes For | ||||||||||||||
| 6,267,613 | 107,752 | 45,377 | 97.62 | |||||||||||||||
About IDT CORPORATION (NYSE:IDT)
IDT Corporation is a holding company with operations primarily in the telecommunications and payment industries. The Company’s segments include Telecom Platform Services, Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination. The Telecom Platform Services segment markets and distributes multiple communications and payment services across four businesses: Retail Communications, Wholesale Carrier Services, Payment Services and Hosted Platform Solutions. The Company’s Consumer Phone Services segment provides consumer local and long distance services in certain states of the United States. The Telecom Platform Services and Consumer Phone Services segments comprise the Company’s IDT Telecom division. The All Other segment includes its real estate holdings and other smaller businesses. IDT CORPORATION (NYSE:IDT) Recent Trading Information
IDT CORPORATION (NYSE:IDT) closed its last trading session up +0.03 at 18.57 with 146,698 shares trading hands.