Amcor Plc 8-K Summary: Annual General Meeting Results
Business Context and Reporting Period
This Form 8-K reports the results of the Amcor Plc Annual General Meeting of Shareholders held on November 10, 2021. The company is incorporated in Jersey and its ordinary shares trade on the New York Stock Exchange under the symbol AMCR.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance voting outcomes.
Material Changes and Voting Results
As of the record date, 1,535,040,785 ordinary shares were entitled to vote. Holders of 1,073,536,212 shares (approximately 69.9%) were represented in person or by proxy. The following matters were voted upon:
- Election of Directors: Shareholders elected eleven directors for one-year terms. All nominees received majority support, though Graeme Liebelt received the highest number of "Against" votes (139,242,635) and Jeremy Sutcliffe received the second highest (27,045,278).
- Ratification of Auditors: Shareholders ratified the appointment of PricewaterhouseCoopers AG as the independent registered public accounting firm for the 2022 fiscal year. The vote was 1,070,356,713 for, 1,659,835 against, and 1,519,664 abstentions.
- Executive Compensation: Shareholders approved the Company's executive compensation via a non-binding advisory vote. The vote was 935,322,082 for, 91,182,074 against, and 5,960,319 abstentions.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the specific reasons for the elevated "Against" votes for directors Graeme Liebelt and Jeremy Sutcliffe compared to other nominees.
- Confirm the total number of broker non-votes (41,071,737) which were present for director elections but not for the auditor ratification or executive compensation votes.
- Review the full proxy statement for detailed biographies of the elected directors and the specific executive compensation plan approved.