NL Industries shareholders overwhelmingly approved director elections, executive compensation, reincorporation from New Jersey to Delaware as NLI Holdings, Inc., and related proposals at the 2026 annual meeting, with board declaring $0.10 quarterly dividend.
Key takeaways
Shareholders elected eight directors including Loretta J. Feehan and R. Gerald Turner, each with at least 89.1% approval.
Approved nonbinding say-on-pay resolution with 89.1% support.
Reincorporation to Delaware as NLI Holdings, Inc. approved by 95.1% of shares, expected effective May 26, 2026.
Opt Out Proposal from Delaware Section 203 approved by 95.1%.
Quarterly dividend of $0.10 per share payable June 23, 2026 to record June 4 holders.