IDT Corp Sets Annual Meeting for Jan 15, 2025
Ticker: IDT · Form: 8-K · Filed: Dec 13, 2024 · CIK: 1005731
Sentiment: neutral
Topics: shareholder-meeting, corporate-governance
Related Tickers: IDT
TL;DR
IDT Corp's annual shareholder meeting is Jan 15, 2025. Vote for directors & auditors!
AI Summary
On December 12, 2024, IDT Corporation filed an 8-K report indicating that it will hold its annual meeting of stockholders on January 15, 2025. The meeting will include the election of directors and the ratification of the appointment of its independent registered public accounting firm.
Why It Matters
This filing informs shareholders about the upcoming annual meeting where key corporate decisions, including director elections, will be made.
Risk Assessment
Risk Level: low — The filing is a routine procedural announcement regarding an upcoming shareholder meeting.
Key Players & Entities
- IDT Corporation (company) — Registrant
- January 15, 2025 (date) — Annual Meeting Date
- December 12, 2024 (date) — Report Date
FAQ
When is IDT Corporation's annual meeting of stockholders scheduled to take place?
The annual meeting of stockholders is scheduled for January 15, 2025.
What are the primary purposes of the annual meeting mentioned in the filing?
The primary purposes include the election of directors and the ratification of the appointment of the independent registered public accounting firm.
What is the date of this 8-K filing?
The filing date is December 13, 2024, and the earliest event reported is December 12, 2024.
Where is IDT Corporation's principal executive office located?
IDT Corporation's principal executive offices are located at 520 Broad Street, Newark, New Jersey, 07102.
What is the Commission File Number for IDT Corporation?
The Commission File Number for IDT Corporation is 001-16371.
Filing Stats: 813 words · 3 min read · ~3 pages · Grade level 9.9 · Accepted 2024-12-13 17:00:37
Key Financial Figures
- $0.05 — s declared a quarterly cash dividend of $0.05 per share. The dividend is payable on D
Filing Documents
- form8-k.htm (8-K) — 69KB
- 0001493152-24-050018.txt ( ) — 240KB
- idt-20241212.xsd (EX-101.SCH) — 3KB
- idt-20241212_lab.xml (EX-101.LAB) — 33KB
- idt-20241212_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 12, 2024 IDT CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-16371 22-3415036 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 520 Broad Street Newark, New Jersey 07102 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (973) 438-1000 Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of each exchange on which registered Class B common stock, par value $.01 per share IDT New York Stock Exchange. Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.07 Submission of Matters to a Vote of Security Holders. (a) IDT Corporation's (the "Company's") 2024 Annual Meeting of Stockholders was held on December 12, 2024 (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 Eric F. Cosentino 5,791,594 650,083 2,532 0 89.87 Howard S. Jonas 5,985,126 456,871 2,213 0 92.88 Irwin Katsof 6,429,197 12,581 2,432 0 99.77 Judah Schorr 5,878,381 563,920 1,909 0 91.22 Elaine S. Yatzkan 6,040,814 401,492 1,904 0 93.74 (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 advisory vote on the compensation of the Named Executive Officers. The number of votes cast with respect to this matter was as follows: Votes For Votes Against Abstentions Broker Non-Vote % Votes For 6,380,504 39,146 24,560 0 99.01 (3) 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 on an advisory vote on the frequency of future advisory votes on the executive compensation of the Named Executive Officers. The number of votes cast with respect to this matter was as follows: One Year Two Years Three Years Abstain Broker Non-Vote % Votes For 779,604 6,705 5,573,702 84,198 11 90.89 Item 7.01 Regulation FD Disclosure. On December 13, 2024, IDT Corporation (the "Registrant") announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share. The dividend is payable on December 31, 2024 to stockholders of record as of December 23, 2024. The Registrant is furnishing the information contained in this Current Report, pursuant to Item 7.01 of Form 8-K promulgated by the Securities and Exchange Commission (the "SEC"). This information shall not be deemed to be "filed" with the SEC or incorporated by reference into any other filing with the SEC. Item 8.01 Other Items. The information contained in Item 7.01 above is incorporated herein by reference into this Item 8.01. Item 9.01 Financial (d) Exhibits. Exhibit No. Document 104 Cover Page Interactive Data File, formatted in Inline XRBL document 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this r