REGIS CORPORATION (NYSE:RGS) 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, at the Annual Meeting an advisory proposal was voted on with respect to the frequency of future advisory votes on executive compensation (“say-on-pay votes”). The Company’s shareholders cast the highest number of votes in favor of holding future say-on-pay votes on an annual basis. Upon consideration of the results of the shareholder advisory vote, and consistent with the Company’s past practice, the Board of Directors determined that the Company will hold future say-on-pay votes on an annual basis.
About REGIS CORPORATION (NYSE:RGS)
Regis Corporation owns, franchises and operates beauty salons. The Company operates through three segments: North American Value, North American Premium and International. As of June 30, 2016, the Company’s North American Value salon operations consisted of 5,784 Company-owned salons and 2,496 franchised salons operating in the United States, Canada and Puerto Rico. As of June 30, 2016, the Company’s North American Premium salon operations consisted of 680 Company-owned salons operating in the United States, Canada, and Puerto Rico. As of June 30, 2016, the Company’s International operations consisted of 328 Company-owned salons in the United Kingdom. The services supplied by its salons include haircutting and styling, hair coloring and other services. As of June 30, 2016, it owned, franchised or held ownership interests in 9,483 locations around the world. The Company’s salons operate primarily under the trade names of SmartStyle, Supercuts, MasterCuts, Regis Salons and Cost Cutters.
