Green Plains Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Green Plains Inc. on May 11, 2016. The report covers events occurring on this date, specifically the company's 2016 Annual Meeting of Shareholders held in Omaha, Nebraska, and a subsequent board announcement regarding dividends.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial figure disclosed is the declaration of a quarterly cash dividend of $0.12 per share on common stock.
Material Changes and Corporate Actions
- Shareholder Vote Results: All matters submitted to a vote at the annual meeting were approved. This included the election of three directors for three-year terms expiring in 2019:
- James Crowley: 23,365,954 votes for; 3,252,769 votes withheld.
- Gene Edwards: 22,213,726 votes for; 4,404,997 votes withheld.
- Gordon Glade: 24,506,665 votes for; 2,112,058 votes withheld.
- Dividend Declaration: The Board of Directors approved a quarterly cash dividend of $0.12 per share.
- Dividend Schedule: Payable on June 17, 2016, to shareholders of record as of the close of business on May 27, 2016.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, future guidance, outlook, specific risks, contingencies, or unusual items beyond the standard corporate governance events and dividend declaration.
Investor Verification Checklist
- Verify the record date of May 27, 2016, to confirm eligibility for the $0.12 per share dividend.
- Confirm the payment date of June 17, 2016, for the declared dividend.
- Review the full press release (Exhibit 99.1) referenced in the filing for any additional context on the dividend or meeting.
- Note that this 8-K does not contain updated financial performance data; refer to the most recent 10-Q or 10-K for revenue and earnings metrics.