Stantec announces results of its 2026 Annual Meeting of Shareholders
Rhea-AI Summary
Stantec (TSX, NYSE: STN) held its 2026 annual meeting of shareholders on May 14, 2026, with 83,408,932 shares represented, or 73.12% of outstanding common shares.
Shareholders elected nine directors, reappointed PricewaterhouseCoopers LLP as auditor, and approved a non-binding advisory vote on executive compensation.
AI-generated analysis. Not financial advice.
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News Market Reaction – STN
On the day this news was published, STN gained 6.18%, reflecting a notable positive market reaction. Argus tracked a peak move of +5.8% during that session. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $514M to the company's valuation, bringing the market cap to $8.83B at that time. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
STN fell 6.46% while key peers showed mixed, mostly modest moves: APG up 0.87%, J up 3.86%, MTZ up 1.89%, ACM down 0.17%, BLD down 0.29%. Momentum scanners only flagged ACM with a small upward move, suggesting STN’s decline is stock-specific rather than a broad sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 21 | Sustainability report | Positive | -1.8% | Release of 19th annual Sustainability Report highlighting C$5.5B sustainability revenue. |
| Apr 13 | Earnings dates set | Neutral | +2.1% | Announcement of Q1 2026 results release, conference call, and AGM timing. |
| Mar 10 | Buyback renewal | Positive | -0.9% | Renewal of Normal Course Issuer Bid and automatic share purchase plan. |
| Mar 04 | Defense contract win | Positive | -1.3% | Selection for Canada’s Arctic Over-the-Horizon Radar engineering and design work. |
| Feb 25 | Earnings & dividend | Positive | +5.5% | Record 2025 results, higher adjusted EBITDA margin, backlog growth, and dividend increase. |
Recent positive corporate and contract updates have sometimes coincided with negative or muted price reactions, while strong financial results drew a more clearly positive move.
Over the last few months, Stantec reported record 2025 results and an 8.9% dividend increase, with a 5.49% gain following that news. It renewed its Normal Course Issuer Bid and secured work on Canada’s Arctic Over-the-Horizon Radar project, but those headlines saw modest declines. Sustainability reporting also preceded a slight drop. Against this backdrop, today’s routine meeting results—director elections, auditor reappointment, and say-on-pay support—arrive after already-strong Q1 2026 figures in recent filings.
Market Pulse Summary
The stock moved +6.2% in the session following this news. A strong positive reaction would align with Stantec’s solid fundamentals shown in recent filings, including higher Q1 2026 net revenue and earnings, but would contrast with the largely routine nature of this meeting update. Governance items such as director elections and say‑on‑pay votes typically carry limited fundamental change. Investors would need to weigh whether elevated volume around 748,733 shares signaled durable demand or short‑term positioning.
Key Terms
non-binding advisory vote regulatory
executive compensation financial
AI-generated analysis. Not financial advice.
EDMONTON, Alberta and NEW YORK, May 14, 2026 (GLOBE NEWSWIRE) -- TSX, NYSE: STN
Stantec Inc. (“Stantec”), a global leader in sustainable design and engineering, held its annual meeting of shareholders (the “Meeting”) on May 14, 2026. A total of 83,408,932 shares (
The complete voting results from the Meeting are as follows:
1. Election of Directors
The Board of Directors of Stantec set the number of directors standing for election at the Meeting at nine. Each of the nine nominees listed in Stantec’s Management Information Circular dated March 19, 2026, was elected as a director of Stantec. The detailed results of the vote on the election of directors are as follows:
| Nominee | Votes For | % For | Votes Against | % Against |
| Douglas K. Ammerman | 71,548,823 | 89.93 | 8,010,915 | 10.07 |
| Martin A. à Porta | 78,956,577 | 99.24 | 603,161 | 0.76 |
| Shelley A. M. Brown | 79,418,349 | 99.82 | 141,389 | 0.18 |
| Angeline G. Chen | 79,093,790 | 99.41 | 465,948 | 0.59 |
| Richard A. Eng | 79,154,150 | 99.49 | 405,588 | 0.51 |
| Gordon A. Johnston | 79,434,155 | 99.84 | 125,583 | 0.16 |
| Christopher F. Lopez | 79,279,064 | 99.65 | 280,674 | 0.35 |
| Marie-Lucie Morin | 75,821,325 | 95.30 | 3,738,415 | 4.70 |
| Celina J. Wang Doka | 79,243,518 | 99.60 | 316,220 | 0.40 |
2. Appointment of Auditor
PricewaterhouseCoopers LLP was reappointed as auditor of Stantec for 2026, and the directors were authorized to fix the remuneration of the auditor. The detailed results of the vote on the appointment of auditor are as follows:
| Votes For | % For | Votes Withheld | % Withheld |
| 82,705,569 | 99.16 | 703,361 | 0.84 |
3. Non-binding Advisory Vote on Executive Compensation
Shareholders accepted Stantec’s approach to executive compensation disclosed in the Management Information Circular dated March 19, 2026, and delivered in connection with the Meeting. The detailed results of the vote on Stantec’s approach to executive compensation are as follows:
| Votes For | % For | Votes Against | % Against |
| 74,553,552 | 93.71 | 5,006,184 | 6.29 |
About Stantec
Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before.
We are a global leader in sustainable engineering, architecture, and environmental consulting. Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more.
Today’s communities transcend geographic borders. At Stantec, community means everyone with an interest in the work that we do—from our project teams and industry colleagues to our clients and the people our work impacts. The diverse perspectives of our partners and interested parties drive us to think beyond what’s previously been done on critical issues like climate change, digital transformation, and future-proofing our cities and infrastructure.
We are designers, engineers, scientists, project managers, and strategic advisors. We innovate at the intersection of community, creativity, and client relationships to advance communities everywhere, so that together we can redefine what’s possible.
Stantec trades on the TSX and the NYSE under the symbol STN.
| Media Contact | Investor Contact |
| Colin Nekolaichuk | Jess Nieukerk |
| Stantec Media Relations | Stantec Investor Relations |
| Ph: (437) 225-6384 | Ph: (403) 569- 5389 |
| colin.nekolaichuk@stantec.com | ir@stantec.com |
