Colgate-Palmolive Reports on Shareholder Votes and Debt
Ticker: CL · Form: 8-K · Filed: 2024-05-15T00:00:00.000Z
Sentiment: neutral
Topics: debt, corporate-governance
TL;DR
Colgate-Palmolive filed an 8-K on May 15, 2024, covering shareholder votes and details on notes due 2021-2039.
AI Summary
On May 15, 2024, Colgate-Palmolive Company filed an 8-K report detailing the submission of matters to a vote of security holders. The report includes information on various debt issuances, specifically notes due in 2021, 2026, 2034, and 2039, with interest rates of 0.00%, 0.875%, 1.375%, and 0.875% respectively. The filing also confirms the company's principal executive offices are located at 300 Park Avenue, New York, NY 10022.
Why It Matters
This filing provides transparency to investors regarding key corporate actions, including votes by security holders and details about the company's outstanding debt obligations.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate actions and debt information, not indicating any immediate financial distress or significant operational changes.
Key Numbers
- 2021 — Maturity Year (Notes due)
- 2026 — Maturity Year (Notes due)
- 2034 — Maturity Year (Notes due)
- 2039 — Maturity Year (Notes due)
Key Players & Entities
- COLGATE PALMOLIVE CO (company) — Registrant
- May 15, 2024 (date) — Date of Report
- May 10, 2024 (date) — Earliest Event Reported
- 300 Park Avenue, New York, New York 10022 (address) — Principal Executive Offices
- 0.00% (dollar_amount) — Interest rate for notes due 2021
- 0.875% (dollar_amount) — Interest rate for notes due 2026
- 1.375% (dollar_amount) — Interest rate for notes due 2034
- 0.875% (dollar_amount) — Interest rate for notes due 2039
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates the submission of matters to a vote of security holders, but the specific details of these matters are not elaborated upon in the provided text.
What are the interest rates for the company's notes?
The filing lists notes due in 2021 with a 0.00% interest rate, notes due in 2026 with a 0.875% interest rate, notes due in 2034 with a 1.375% interest rate, and notes due in 2039 with a 0.875% interest rate.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 10, 2024.
What is Colgate-Palmolive Company's principal executive office address?
Colgate-Palmolive Company's principal executive offices are located at 300 Park Avenue, New York, New York 10022.
What is the SIC code for Colgate-Palmolive Company?
The Standard Industrial Classification (SIC) code for Colgate-Palmolive Company is 2844, which corresponds to 'Perfumes, Cosmetics & Other Toilet Preparations'.
Filing Stats: 649 words · 3 min read · ~2 pages · Grade level 8.4 · Accepted 2024-05-15 16:12:34
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 par value CL New York Stock Exchange 0
Filing Documents
- cl-20240515.htm (8-K) — 61KB
- 0000021665-24-000017.txt ( ) — 239KB
- cl-20240515.xsd (EX-101.SCH) — 3KB
- cl-20240515_def.xml (EX-101.DEF) — 16KB
- cl-20240515_lab.xml (EX-101.LAB) — 30KB
- cl-20240515_pre.xml (EX-101.PRE) — 17KB
- cl-20240515_htm.xml (XML) — 6KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. (a) The Company's Annual Meeting of Stockholders was held on May 10, 2024. The matters voted on and the results of the vote were as follows. (b) The Company's stockholders voted on the matters set forth below. 1. John P. Bilbrey, John T. Cahill, Steve Cahillane, Lisa M. Edwards, C. Martin Harris, Martina Hund-Mejean, Kimberly A. Nelson, Brian Newman, Lorrie M. Norrington, and Noel R. Wallace were elected directors of the Company. The results of the vote were as follows: Votes For Votes Against Abstentions Broker Non-Votes John P. Bilbrey 573,996,984 71,146,006 1,439,634 67,826,793 John T. Cahill 601,422,179 43,618,911 1,541,534 67,826,793 Steve Cahillane 636,402,275 8,699,160 1,481,189 67,826,793 Lisa M. Edwards 642,839,151 2,381,037 1,362,436 67,826,793 C. Martin Harris 631,546,181 13,513,746 1,522,697 67,826,793 Martina Hund-Mejean 642,717,260 2,525,720 1,339,644 67,826,793 Kimberly A. Nelson 640,097,133 4,915,254 1,570,237 67,826,793 Brian Newman 643,196,678 1,830,971 1,554,975 67,826,793 Lorrie M. Norrington 632,148,678 13,091,862 1,342,084 67,826,793 Noel R. Wallace 593,739,743 46,131,215 6,711,666 67,826,793 2. The selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024 was ratified. The results of the vote were as follows: Votes For Votes Against Abstentions Broker Non-Votes 660,506,167 52,501,817 1,401,433 0 3. A non-binding advisory vote on the Company's executive compensation was approved. The results of the vote were as follows: Votes For Votes Against Abstentions Broker Non-Votes 560,514,770 83,463,509 2,604,345 67,826,793 4. A stockholder proposal on independent Board Chairman was not approved. The results of the vote were as follows: Votes For Votes Against Abstentions Broker Non-Votes 218,728,169 425,337,091 2,517,364 67,826,793 SIGNATURE Pursuant to the requirements of