Broadcom (NASDAQ: AVGO) holders back 2026 board slate and pay plan
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Broadcom Inc. held its 2026 Annual Meeting of Stockholders on April 20, 2026. Stockholders elected eight directors, including Hock E. Tan and Henry Samueli, with each receiving over 3.5 billion votes in favor except Harry L. You, who received about 2.7 billion for and 0.95 billion against.
Stockholders also ratified PricewaterhouseCoopers LLP as Broadcom’s independent registered public accounting firm for the fiscal year ending November 1, 2026, with 4,007,802,173 votes for and 81,424,831 against. In addition, the advisory vote on named executive officer compensation was approved, with 2,433,503,375 votes for and 1,232,879,962 against.
Positive
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Negative
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes for Hock E. Tan: 3,657,283,597 votes
Votes against Harry L. You: 954,686,330 votes
Auditor ratification for votes: 4,007,802,173 votes
+3 more
6 metrics
Votes for Hock E. Tan
3,657,283,597 votes
Director election at 2026 Annual Meeting
Votes against Harry L. You
954,686,330 votes
Director election at 2026 Annual Meeting
Auditor ratification for votes
4,007,802,173 votes
Ratification of PricewaterhouseCoopers LLP for fiscal year ending November 1, 2026
Auditor ratification against votes
81,424,831 votes
Ratification of PricewaterhouseCoopers LLP
Say-on-pay for votes
2,433,503,375 votes
Advisory vote on named executive officer compensation
Say-on-pay against votes
1,232,879,962 votes
Advisory vote on named executive officer compensation
Key Terms
broker non-votes, independent registered public accounting firm, advisory vote, named executive officer compensation
4 terms
broker non-votes financial
"Broker Non-Votes 2,713,064,484 | 954,686,330 | 16,149,771 | 420,714,385"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory vote financial
"An advisory vote to approve the named executive officer compensation was approved"
An advisory vote is a shareholder poll that expresses investors’ approval or concern about a company’s policy, executive pay, board decisions or other governance matters but does not legally force the company to act. Think of it like a customer survey: it signals investor sentiment and can pressure management to change course, so investors watch the result as a guide to future governance, risk and potential shifts in strategy.
named executive officer compensation financial
"An advisory vote to approve the named executive officer compensation was approved"
FAQ
What did Broadcom (AVGO) stockholders decide at the 2026 annual meeting?
Broadcom stockholders elected eight directors, ratified PricewaterhouseCoopers LLP as auditor, and approved executive compensation. These votes confirm the current board slate, continue the existing audit relationship, and support the company’s pay practices for named executive officers.
Were all Broadcom (AVGO) director nominees elected in 2026?
Yes, all eight director nominees were elected. Most nominees received over 3.5 billion votes in favor, while Harry L. You received 2,713,064,484 votes for and 954,686,330 against, indicating some dissent but still a clear approval overall.
Did Broadcom (AVGO) stockholders approve the 2026 say-on-pay proposal?
Yes, the advisory vote on named executive officer compensation was approved. Stockholders cast 2,433,503,375 votes for, 1,232,879,962 against, and 17,517,248 abstentions, with 420,714,385 broker non-votes recorded on this compensation proposal.
Which audit firm did Broadcom (AVGO) stockholders ratify for fiscal 2026?
Stockholders ratified PricewaterhouseCoopers LLP as Broadcom’s independent registered public accounting firm for the fiscal year ending November 1, 2026. The ratification received 4,007,802,173 votes for, 81,424,831 against, and 15,387,966 abstentions, with no broker non-votes.
How many broker non-votes occurred on Broadcom (AVGO) governance items?
For the director elections and the executive compensation advisory vote, there were 420,714,385 broker non-votes. Broker non-votes typically arise when beneficial owners do not provide voting instructions on non-routine matters presented at the meeting.