Omnicom Group Changes Fiscal Year End
Ticker: OMC · Form: 8-K · Filed: Oct 18, 2024 · CIK: 29989
Sentiment: neutral
Topics: fiscal-year-change, reporting-update
Related Tickers: OMC
TL;DR
OMC is changing its fiscal year end to Dec 31, effective Oct 17.
AI Summary
Omnicom Group Inc. filed an 8-K on October 18, 2024, reporting a change in its fiscal year end to December 31. This filing also includes financial statements and exhibits, with the date of the change being October 17, 2024.
Why It Matters
This change in fiscal year end may affect how investors and analysts track Omnicom's financial performance and compare it to industry peers.
Risk Assessment
Risk Level: low — The filing primarily concerns administrative changes to the company's fiscal reporting, with no immediate financial distress or significant operational shifts indicated.
Key Numbers
- 1231 — New Fiscal Year End (Omnicom Group Inc. has updated its fiscal year end to December 31.)
Key Players & Entities
- OMNICOM GROUP INC. (company) — Filer
- 20241017 (date) — Date of change in fiscal year
- 1231 (date) — New fiscal year end
FAQ
What is the new fiscal year end for Omnicom Group Inc.?
Omnicom Group Inc.'s new fiscal year end is December 31.
When was the change in fiscal year end effective?
The change in fiscal year end was effective as of October 17, 2024.
What type of filing is this 8-K?
This is a Current Report on Form 8-K.
What are the main items reported in this 8-K?
This 8-K reports amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, and Financial Statements and Exhibits.
What is Omnicom Group Inc.'s standard industrial classification?
Omnicom Group Inc.'s standard industrial classification is SERVICES-ADVERTISING AGENCIES [7311].
Filing Stats: 982 words · 4 min read · ~3 pages · Grade level 14.7 · Accepted 2024-10-18 16:30:14
Key Financial Figures
- $0.15 — ch Registered Common Stock, par value $0.15 per share OMC New York Stock Exchan
Filing Documents
- ea0217966-8k_omnicom.htm (8-K) — 43KB
- ea021796601ex3-1_omnicom.htm (EX-3.1) — 169KB
- 0001213900-24-088967.txt ( ) — 482KB
- omc-20241017.xsd (EX-101.SCH) — 4KB
- omc-20241017_def.xml (EX-101.DEF) — 27KB
- omc-20241017_lab.xml (EX-101.LAB) — 37KB
- omc-20241017_pre.xml (EX-101.PRE) — 26KB
- ea0217966-8k_omnicom_htm.xml (XML) — 8KB
03 Amendments to Articles of Incorporation or Bylaws; Change
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On October 17, 2024, the Board of Directors (the "Board") of Omnicom Group Inc. (the "Company") adopted amendments to the Company's amended and restated by-laws (as amended, the "Amended and Restated By-Laws"), which became effective the same day. Among other things, the amendments effected by the Amended and Restated By-Laws: update the notice period for shareholders to bring matters before a meeting of shareholders to be, in the case of an annual meeting of shareholders, not less than 90 days nor more than 120 days prior to the one-year anniversary of the preceding year's annual meeting of shareholders and, in the case of a special meeting of shareholders, not earlier than 120 days prior to such special meeting nor later than 90 days prior to such special meeting or, if later, the 10 th day following public disclosure of such meeting; address the universal proxy rules adopted by the U.S. Securities and Exchange Commission, by clarifying that no person may solicit proxies in support of a director nominee other than the Board's nominees unless such person has complied with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, including applicable notice and solicitation requirements; enhance disclosure requirements in connection with shareholder nominations of directors and submissions of proposals regarding other business at shareholder meetings, including, without limitation, by requiring additional background information and disclosures regarding proposing shareholders, proposed director nominees and business, and other persons related to or particiapting in a shareholder's solicitation of proxies; require any candidate for the Board nominated by a shareholder to provide certain background information and representations regarding disclosure of voting or compensation arrangements, compliance with the Company's policies and guidelines and intent to serve the e
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits. Exhibit Number Title of Document 3.1 By-Laws of Omnicom Group Inc., a New York Corporation (as Amended and Restated October 17, 2024) 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OMNICOM GROUP INC. Dated: October 18, 2024 By /s/ Louis F. Januzzi Name: Louis F. Januzzi Title: Senior Vice President, General Counsel and Secretary 2