STOCK TITAN

[8-K] Linde plc Ordinary Share Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Parke Bancorp (PKBK) filed an 8-K announcing that its Board has extended the existing stock repurchase program by six months. The authorization, unveiled on 2 Aug 2024, permits the company to buy back up to 5 % of outstanding common shares on the open market. The expiration date moves from 2 Aug 2025 to 2 Feb 2026, or earlier if the 5 % ceiling is reached.

Repurchases will be executed under Rule 10b-18 and remain subject to prevailing price levels, regulatory constraints and market conditions. No changes were made to the size of the authorization. The extension signals management’s confidence in intrinsic value, offers potential EPS accretion through share-count reduction and provides a floor of incremental demand for the stock.

Parke Bancorp (PKBK) ha presentato un modulo 8-K annunciando che il suo Consiglio di Amministrazione ha esteso di sei mesi il programma di riacquisto azionario esistente. L'autorizzazione, resa nota il 2 agosto 2024, consente all'azienda di riacquistare fino al 5% delle azioni ordinarie in circolazione sul mercato aperto. La data di scadenza passa dal 2 agosto 2025 al 2 febbraio 2026, o prima nel caso venga raggiunto il limite del 5%.

I riacquisti saranno effettuati secondo la Regola 10b-18 e saranno soggetti ai livelli di prezzo vigenti, ai vincoli normativi e alle condizioni di mercato. Non sono state apportate modifiche alla dimensione dell'autorizzazione. L'estensione riflette la fiducia della direzione nel valore intrinseco, offre un potenziale incremento dell'utile per azione tramite la riduzione del numero di azioni in circolazione e garantisce una base di domanda aggiuntiva per il titolo.

Parke Bancorp (PKBK) presentó un formulario 8-K anunciando que su Junta Directiva ha extendido por seis meses el programa existente de recompra de acciones. La autorización, dada a conocer el 2 de agosto de 2024, permite a la compañía recomprar hasta el 5% de las acciones comunes en circulación en el mercado abierto. La fecha de vencimiento se traslada del 2 de agosto de 2025 al 2 de febrero de 2026, o antes si se alcanza el límite del 5%.

Las recompras se ejecutarán bajo la Regla 10b-18 y estarán sujetas a los niveles de precio vigentes, restricciones regulatorias y condiciones del mercado. No se realizaron cambios en el tamaño de la autorización. La extensión refleja la confianza de la dirección en el valor intrínseco, ofrece un posible aumento en las ganancias por acción mediante la reducción del número de acciones en circulación y proporciona un piso de demanda incremental para la acción.

Parke Bancorp (PKBK)는 8-K 보고서를 제출하여 이사회가 기존 주식 재매입 프로그램을 6개월 연장했다고 발표했습니다. 2024년 8월 2일 공개된 이 승인으로 회사는 시장에서 유통 중인 보통주 주식의 5%까지 재매입할 수 있습니다. 만료일은 2025년 8월 2일에서 2026년 2월 2일로 연장되며, 5% 한도에 도달하면 그 이전에 종료될 수 있습니다.

재매입은 규칙 10b-18에 따라 진행되며, 현재 가격 수준, 규제 제한 및 시장 상황에 따라 달라질 수 있습니다. 승인 규모에는 변경이 없습니다. 이번 연장은 경영진이 내재 가치에 대해 확신을 가지고 있음을 나타내며, 주식 수 감소를 통한 주당순이익 증가 가능성을 제공하고 주식에 대한 추가 수요 기반을 마련합니다.

Parke Bancorp (PKBK) a déposé un formulaire 8-K annonçant que son conseil d'administration a prolongé de six mois le programme de rachat d'actions existant. L'autorisation, dévoilée le 2 août 2024, permet à la société de racheter jusqu'à 5 % des actions ordinaires en circulation sur le marché libre. La date d'expiration est repoussée du 2 août 2025 au 2 février 2026, ou plus tôt si le plafond de 5 % est atteint.

Les rachats seront effectués conformément à la règle 10b-18 et restent soumis aux niveaux de prix en vigueur, aux contraintes réglementaires et aux conditions du marché. La taille de l'autorisation n'a pas été modifiée. Cette extension témoigne de la confiance de la direction dans la valeur intrinsèque, offre un potentiel d'accroissement du BPA grâce à la réduction du nombre d'actions en circulation et assure un socle de demande supplémentaire pour le titre.

Parke Bancorp (PKBK) hat einen 8-K-Bericht eingereicht, in dem der Vorstand bekannt gab, dass das bestehende Aktienrückkaufprogramm um sechs Monate verlängert wurde. Die am 2. August 2024 veröffentlichte Genehmigung erlaubt dem Unternehmen, bis zu 5 % der ausstehenden Stammaktien am offenen Markt zurückzukaufen. Das Ablaufdatum verschiebt sich vom 2. August 2025 auf den 2. Februar 2026 oder früher, falls die 5 %-Grenze erreicht wird.

Die Rückkäufe erfolgen gemäß Regel 10b-18 und unterliegen den jeweils geltenden Kursniveaus, regulatorischen Beschränkungen und Marktbedingungen. Die Größe der Genehmigung wurde nicht geändert. Die Verlängerung signalisiert das Vertrauen des Managements in den inneren Wert, bietet potenzielle Gewinnsteigerungen pro Aktie durch die Reduzierung der Aktienanzahl und schafft eine zusätzliche Nachfragebasis für die Aktie.

Positive
  • Share repurchase program extended to 2 Feb 2026, maintaining potential reduction of up to 5 % of shares outstanding
  • Continued capital return may support EPS growth and signal board confidence
Negative
  • None.

Insights

TL;DR: Six-month buyback extension adds potential EPS tailwind and signals confidence; modest but positive for PKBK valuation.

The Board’s decision to prolong the 5 % buyback window to February 2026 keeps a capital-return mechanism active during uncertain rate and credit conditions. While the authorization size is unchanged, an active bid for shares can mitigate downside volatility and modestly enhance per-share metrics if fully executed. Because PKBK is a community bank with a relatively small float, a 5 % reduction could be meaningful to liquidity and ROE. Execution risk (pricing, regulatory timing) remains, but overall impact is incrementally favorable.

Parke Bancorp (PKBK) ha presentato un modulo 8-K annunciando che il suo Consiglio di Amministrazione ha esteso di sei mesi il programma di riacquisto azionario esistente. L'autorizzazione, resa nota il 2 agosto 2024, consente all'azienda di riacquistare fino al 5% delle azioni ordinarie in circolazione sul mercato aperto. La data di scadenza passa dal 2 agosto 2025 al 2 febbraio 2026, o prima nel caso venga raggiunto il limite del 5%.

I riacquisti saranno effettuati secondo la Regola 10b-18 e saranno soggetti ai livelli di prezzo vigenti, ai vincoli normativi e alle condizioni di mercato. Non sono state apportate modifiche alla dimensione dell'autorizzazione. L'estensione riflette la fiducia della direzione nel valore intrinseco, offre un potenziale incremento dell'utile per azione tramite la riduzione del numero di azioni in circolazione e garantisce una base di domanda aggiuntiva per il titolo.

Parke Bancorp (PKBK) presentó un formulario 8-K anunciando que su Junta Directiva ha extendido por seis meses el programa existente de recompra de acciones. La autorización, dada a conocer el 2 de agosto de 2024, permite a la compañía recomprar hasta el 5% de las acciones comunes en circulación en el mercado abierto. La fecha de vencimiento se traslada del 2 de agosto de 2025 al 2 de febrero de 2026, o antes si se alcanza el límite del 5%.

Las recompras se ejecutarán bajo la Regla 10b-18 y estarán sujetas a los niveles de precio vigentes, restricciones regulatorias y condiciones del mercado. No se realizaron cambios en el tamaño de la autorización. La extensión refleja la confianza de la dirección en el valor intrínseco, ofrece un posible aumento en las ganancias por acción mediante la reducción del número de acciones en circulación y proporciona un piso de demanda incremental para la acción.

Parke Bancorp (PKBK)는 8-K 보고서를 제출하여 이사회가 기존 주식 재매입 프로그램을 6개월 연장했다고 발표했습니다. 2024년 8월 2일 공개된 이 승인으로 회사는 시장에서 유통 중인 보통주 주식의 5%까지 재매입할 수 있습니다. 만료일은 2025년 8월 2일에서 2026년 2월 2일로 연장되며, 5% 한도에 도달하면 그 이전에 종료될 수 있습니다.

재매입은 규칙 10b-18에 따라 진행되며, 현재 가격 수준, 규제 제한 및 시장 상황에 따라 달라질 수 있습니다. 승인 규모에는 변경이 없습니다. 이번 연장은 경영진이 내재 가치에 대해 확신을 가지고 있음을 나타내며, 주식 수 감소를 통한 주당순이익 증가 가능성을 제공하고 주식에 대한 추가 수요 기반을 마련합니다.

Parke Bancorp (PKBK) a déposé un formulaire 8-K annonçant que son conseil d'administration a prolongé de six mois le programme de rachat d'actions existant. L'autorisation, dévoilée le 2 août 2024, permet à la société de racheter jusqu'à 5 % des actions ordinaires en circulation sur le marché libre. La date d'expiration est repoussée du 2 août 2025 au 2 février 2026, ou plus tôt si le plafond de 5 % est atteint.

Les rachats seront effectués conformément à la règle 10b-18 et restent soumis aux niveaux de prix en vigueur, aux contraintes réglementaires et aux conditions du marché. La taille de l'autorisation n'a pas été modifiée. Cette extension témoigne de la confiance de la direction dans la valeur intrinsèque, offre un potentiel d'accroissement du BPA grâce à la réduction du nombre d'actions en circulation et assure un socle de demande supplémentaire pour le titre.

Parke Bancorp (PKBK) hat einen 8-K-Bericht eingereicht, in dem der Vorstand bekannt gab, dass das bestehende Aktienrückkaufprogramm um sechs Monate verlängert wurde. Die am 2. August 2024 veröffentlichte Genehmigung erlaubt dem Unternehmen, bis zu 5 % der ausstehenden Stammaktien am offenen Markt zurückzukaufen. Das Ablaufdatum verschiebt sich vom 2. August 2025 auf den 2. Februar 2026 oder früher, falls die 5 %-Grenze erreicht wird.

Die Rückkäufe erfolgen gemäß Regel 10b-18 und unterliegen den jeweils geltenden Kursniveaus, regulatorischen Beschränkungen und Marktbedingungen. Die Größe der Genehmigung wurde nicht geändert. Die Verlängerung signalisiert das Vertrauen des Managements in den inneren Wert, bietet potenzielle Gewinnsteigerungen pro Aktie durch die Reduzierung der Aktienanzahl und schafft eine zusätzliche Nachfragebasis für die Aktie.

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

DATE OF REPORT (Date of earliest event reported): July 29, 2025

 

Linde plc

(Exact name of registrant as specified in its charter)

 

Ireland

 

001-38730

 

98-1448883

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

 

 10 Riverview Dr.

Danbury, Connecticut

United States 06810

Forge

43 Church Street West

Woking, Surrey GU21 6HT

United Kingdom

 

(Address of principal executive offices) (Zip Code)

 

+44 1483 242200

(Registrant’s telephone numbers, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading symbol(s)

 

Name of each exchange on which registered

Ordinary shares (€0.001 nominal value per share)

 

LIN

 

Nasdaq Stock Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

ITEM 5.07 Submission of Matters to a Vote of Security Holders

 

The Linde plc Annual General Meeting of Shareholders was held on July 29, 2025 (the “AGM”), at which shareholders voted upon the items set forth below. The total number of shares that were present or represented by proxy at the Annual Meeting was 393,235,938 which was 83.53% of the shares outstanding and entitled to vote and which constituted a quorum. The final voting results of the items submitted to a vote of the shareholders are set forth below.

 

Proposal 1

 

The ten nominees for election as a director were elected to serve until the 2026 annual general meeting of shareholders and until his or her successor is elected and qualified. The vote results were as follows:

 

Director Nominees

 

 

Shares For

 

 

 

Shares Against

 

 

 

Shares Abstained

 

 

 

Broker Non-Votes

 

 

 

% of Votes

Cast For

 

Stephen F. Angel

 

 

361,831,851

 

 

 

12,291,627

 

 

 

311,942

 

 

 

18,800,518

 

 

 

96.71%

Sanjiv Lamba

 

 

372,676,475

 

 

 

1,437,629

 

 

 

321,316

 

 

 

18,800,518

 

 

 

99.61%

Prof DDr. Ann-Kristin Achleitner

 

 

366,586,741

 

 

 

7,526,010

 

 

 

322,669

 

 

 

18,800,518

 

 

 

97.98%

Dr. Thomas Enders

 

 

370,254,026

 

 

 

3,319,679

 

 

 

861,715

 

 

 

18,800,518

 

 

 

99.11%

Hugh Grant

 

 

367,577,067

 

 

 

6,590,496

 

 

 

267,857

 

 

 

18,800,518

 

 

 

98.23%

Joe Kaeser

 

 

357,634,449

 

 

 

16,532,637

 

 

 

268,334

 

 

 

18,800,518

 

 

 

95.58%

Victoria E. Ossadnik

 

 

348,715,791

 

 

 

25,463,754

 

 

 

255,875

 

 

 

18,800,518

 

 

 

93.19%

Paula Rosput Reynolds

 

 

373,082,950

 

 

 

1,090,595

 

 

 

261,875

 

 

 

18,800,518

 

 

 

99.70%

Alberto Weisser

 

 

368,469,248

 

 

 

5,700,927

 

 

 

265,245

 

 

 

18,800,518

 

 

 

98.47%

Robert L. Wood

 

 

366,922,087

 

 

 

7,258,861

 

 

 

254,472

 

 

 

18,800,518

 

 

 

98.06%

 

Proposal 2a

 

Shareholders ratified, on an advisory and non-binding basis, the appointment of PricewaterhouseCoopers (“PWC”) as the independent auditor by the votes set forth below.

 

Shares Voted For

 

Shares Voted Against

 

Shares Abstained

 

Broker Non-Votes

363,226,295

 

28,671,074

 

1,338,569

 

N/A

(92.36% of votes cast)

 

(7.29% of votes cast)

 

 

 

 

 

 
2

 

 

Proposal 2b

 

Shareholders approved the authorization of the Board, acting through the Audit Committee, to determine PWC’s remuneration by the votes set forth below.

 

Shares Voted For

 

Shares Voted Against

 

Shares Abstained

 

Broker Non-Votes

384,952,458

 

6,914,355

 

1,338,569

 

N/A

(97.89% of votes cast)

 

(1.76% of votes cast)

 

 

 

 

 

Proposal 3

 

Shareholders approved, on an advisory and non-binding basis, the compensation of Linde plc’s Named Executive Officers as disclosed in the 2025 proxy statement by the votes set forth below.

 

Shares Voted For

 

Shares Voted Against

 

Shares Abstained

 

Broker Non-Votes

352,025,829

 

21,998,013

 

411,578

 

18,800,518

(94.01% of votes cast)

 

(5.87% of votes cast)

 

 

 

 

 

Proposal 4

 

Shareholders approved, on an advisory and nonbinding basis, the frequency of holding future advisory shareholder votes on the compensation of Linde plc's Named Executive Officers as one (1) year.

 

1 Year

 

2 Years

 

3 Years

 

Shares Abstained

 

Broker Non-Votes

370,551,908

 

132,611

 

3,463,416

 

287,485

 

18,800,518

(98.96% of votes cast)

 

(0.04% of votes cast)

 

(0.92% of votes cast)

 

 

 

 

 

Proposal 5

 

Shareholders approved the proposal to determine the price range at which Linde plc can re-allot shares that it acquires as treasury shares under Irish law.

 

Shares Voted For

 

Shares Voted Against

 

Shares Abstained

 

Broker Non-Votes

391,532,709

 

868,351

 

834,878

 

N/A

(99.56% of votes cast)

 

(0.22% of votes cast)

 

 

 

 

 

Proposal 6

 

No vote is being reported for a shareholder proposal that requested an annual report regarding the alignment of Linde’s lobbying and trade association activities with the Linde’s 2050 climate neutrality ambition. Neither the shareholder proponent nor a representative attended the AGM to present the proposal as required, and therefore, the proposal was not acted upon by the shareholders.

 

 
3

 

 

ITEM 9.01. Financial Statements and Exhibits.

 

(d) Exhibits. The following exhibits are filed.

 

Exhibit No.

 

Description

 

 

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 
4

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

LINDE PLC

 

 

 

 

 

 

By:

/s/ Guillermo Bichara

 

 

Name:

Guillermo Bichara

 

 

Title:

Chief Legal Officer

 

 

Date: August 1, 2025

 

 
5

 

FAQ

What did Parke Bancorp (PKBK) announce on 1 Aug 2025?

The Board extended its share repurchase program by six months, now expiring 2 Feb 2026.

How many shares can PKBK repurchase under the program?

The authorization allows buybacks of up to 5 % of the company’s outstanding common stock.

When will the extended buyback program end?

Unless the 5 % limit is reached sooner, the program expires on 2 February 2026.

Under which SEC rule will PKBK conduct the repurchases?

Purchases are planned in accordance with Rule 10b-18 of the Securities Exchange Act of 1934.

Why might the buyback extension matter to investors?

An active buyback can support the share price and improve EPS by reducing the number of shares outstanding.
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