American Vanguard Announces Voting Results of 2023 Annual Meeting of Stockholders
12 Junho 2023 - 9:30AM
Business Wire
Declares Quarterly Dividend
American Vanguard Corporation (NYSE:AVD) announced voting
results from its Annual Meeting of Stockholders held on June 7,
2023. As to the first of three initiatives, all nine director
nominees - Marisol Angelini, Scott D. Baskin, Mark R. Bassett,
Debra F. Edwards, Morton D. Erlich, Emer Gunter, Patrick E.
Gottschalk, Keith M. Rosenbloom and Eric G. Wintemute - were
reelected to serve on the board of directors until the next annual
meeting or until their successors are duly elected and qualified.
In addition, the balance of the initiatives appearing on the
Company’s proxy passed, namely, the ratification of the appointment
of Deloitte Touche, LLP as the company’s independent registered
public accounting firm for the year ending December 31, 2023, and
advisory approval of the executive compensation policies and
practices as set forth in the Company’s 2023 proxy. All nominees
and measures received support from over ninety percent of the votes
cast at the meeting.
In addition, at a meeting of the Company’s board of directors
that was held on June 8, 2023, the board declared a cash dividend
in the amount of $0.03 per share to holders of the Company’s common
stock as of June 28, 2023, for distribution on July 14, 2023.
Chairman and CEO Eric W. Wintemute commented, “We thank our
shareholders for voting at the annual meeting and appreciate your
overwhelming support for our director nominees and other ballot
initiatives. In addition, we are pleased to declare a dividend,
which continues our history of providing cash returns to
shareholders based on successful operational and financial
performance. Moreover, this dividend reflects the confidence that
the board of directors has in our core business, our overall
financial strength, and the substantial prospects of our strategic
growth initiatives.”
Annual Cash Dividend
Payments: Based on Date of Cash Distribution
2023 - - Payments (including pending) . . . . . . . . . . . .
. . . . . . . . . . . $0.090
2022 - - Full Calendar Year . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . $0.095
2021 - - Full Calendar Year . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . $0.080
2020 - - Full Calendar Year - (Pandemic Impacted) . . . . . .
. . . . . . . $0.040
2019 - - Full Calendar Year . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . $0.080
2018 - - Full Calendar Year. . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . $0.075
2017 - - Full Calendar Year. . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . $0.055
About American Vanguard
American Vanguard Corporation is a diversified specialty and
agricultural products company that develops, manufactures, and
markets solutions for crop protection and nutrition, turf and
ornamentals management, commercial and consumer pest control.
American Vanguard is included on the Russell 2000® & Russell
3000® Indexes and the Standard & Poors Small Cap 600 Index. To
learn more about American Vanguard, please reference the Company’s
web site at www.american-vanguard.com.
The Company, from time to time, may discuss forward-looking
information. Except for the historical information contained in
this release, all forward-looking statements are estimates by the
Company’s management and are subject to various risks and
uncertainties that may cause results to differ from management’s
current expectations. Such factors include weather conditions,
changes in regulatory policy and other risks as detailed from
time-to-time in the Company’s SEC reports and filings. All
forward-looking statements, if any, in this release represent the
Company’s judgment as of the date of this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20230612538304/en/
Company: American Vanguard Corporation William A. Kuser,
Director of Investor Relations (949) 260-1200 williamk@amvac.com
Investor Representative The Equity Group Inc.
www.theequitygroup.com Lena Cati (212) 836-9611
Lcati@equityny.com
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