On May 9, 2025, Vulcan Materials Company (VMC, Financial) held its annual meeting of shareholders, where several significant proposals were approved. Among the key decisions, shareholders gave their nod to the company's 2025 Omnibus Long-Term Incentive Plan. This plan, which had previously received the green light from the company's Board of Directors, aims to enhance the company's ability to attract, retain, and motivate employees by aligning their interests with those of shareholders.
The meeting saw a strong turnout, with 120,320,196 shares represented either in person or by proxy, out of a total of 132,101,184 eligible shares. This constituted a quorum, allowing the company to conduct its business effectively.
In addition to the approval of the incentive plan, shareholders elected directors for a three-year term expiring in 2028. The meeting also included an advisory vote on the compensation of the company's named executive officers, which was approved, and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for 2025.
These decisions reflect Vulcan Materials Company's commitment to maintaining robust governance practices and aligning its strategic goals with shareholder interests. For more detailed information on the meeting and the approved proposals, investors are encouraged to review the company's definitive proxy statement filed with the Securities and Exchange Commission.
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