Johnson Controls 8-K: Security Holder Vote & Debt Details

TL;DR

JCI filed an 8-K detailing a security holder vote and various debt notes, including 3.625% due 2024.

AI Summary

Johnson Controls International plc filed an 8-K on March 18, 2024, to report on the submission of matters to a vote of security holders. The filing details various debt instruments, including notes with different maturity dates and interest rates, such as the 3.625% Notes due 2024 and the Sustainability Linked Notes due 2031. This indicates ongoing financial management and potential corporate actions related to its debt structure.

Why It Matters

This filing provides insight into Johnson Controls' capital structure and ongoing financial activities, which can affect investor confidence and the company's ability to fund operations and growth.

Risk Assessment

Risk Level: low — The filing is procedural, reporting on a vote and existing debt, with no immediate negative financial events disclosed.

Key Numbers

• 3.625% — Interest Rate (On Notes due 2024)
• 2024 — Maturity Year (For 3.625% Notes)
• 2031 — Maturity Year (For Sustainability Linked Notes)

Key Players & Entities

• Johnson Controls International plc (company) — Filer
• Tyco International plc (company) — Former company name
• Tyco International Ltd (company) — Former company name
• 3.625% Notes due 2024 (dollar_amount) — Debt instrument
• Sustainability Linked Notes due 2031 (dollar_amount) — Debt instrument

FAQ

Key Financial Figures

• $0.01 — Registered Ordinary Shares, Par Value $0.01 JCI New York Stock Exchange 3.625% Sen
• $1,423,000 — s up to an aggregate nominal value of US$1,423,000, or approximately 20% of the Company's

Filing Documents

• jci-20240313.htm (8-K) — 87KB
• 0000833444-24-000020.txt ( ) — 379KB
• jci-20240313.xsd (EX-101.SCH) — 8KB
• jci-20240313_def.xml (EX-101.DEF) — 26KB
• jci-20240313_lab.xml (EX-101.LAB) — 53KB
• jci-20240313_pre.xml (EX-101.PRE) — 27KB
• jci-20240313_htm.xml (XML) — 16KB

07 Submission of matters to a vote of security holders

Item 5.07 Submission of matters to a vote of security holders. The 2024 Annual General Meeting of Shareholders of Johnson Controls International plc (the "Company") was held on March 13, 2024 in Cork, Ireland. At the meeting, the holders of 605,697,709 of the Company's ordinary shares were represented in person or by proxy, constituting a quorum. At the meeting, shareholders voted on the following proposals and cast their votes as described below. The proposals are described in detail in the Company's definitive proxy statement dated January 19, 2024. The vote results detailed below represent final results. Proposal No. 1 - Election of the Board of Directors Proposal No. 1 was the election, by separate resolution, of each member of Board of Directors. The following individuals were elected to serve on the Board of Directors until the conclusion of the next annual general meeting. FOR AGAINST ABSTAIN BROKER NON-VOTES Timothy Archer 561,313,506 2,989,898 1,044,992 40,349,313 Jean Blackwell 552,993,240 11,354,303 1,000,853 40,349,313 Pierre Cohade 560,940,137 3,384,285 1,023,974 40,349,313 W. Roy Dunbar 553,252,522 11,069,359 1,026,515 40,349,313 Gretchen R. Haggerty 559,011,994 5,351,065 985,337 40,349,313 Ayesha Khanna 555,945,829 8,392,617 1,009,950 40,349,313 Seetarama Kotagiri 561,078,831 3,158,431 1,111,134 40,349,313 Simone Menne 558,327,828 5,911,596 1,108,972 40,349,313 George R. Oliver 543,805,474 20,162,276 1,380,646 40,349,313 Jrgen Tinggren 553,146,553 11,144,824 1,057,019 40,349,313 Mark Vergnano 550,896,951 13,569,603 881,842 40,349,313 John D. Young 560,951,646 3,377,014 1,019,736 40,349,313 Following the Annual General Meeting, Mr. Archer was appointed to the Compensation and Talent Development Committee and Mr. Kotagiri was appointed to the Audit Committee. The current composition of the Company's Board Committees after the Annual General Meeting is as follows: Audit Committee : Gretchen Haggerty (Chair), Simone Menne, Pierre

View Full Filing

View this 8-K filing on SEC EDGAR