NewMarket (NEU) shareholders back board, auditor and $3.00 dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
NewMarket Corporation reported results of its 2026 Annual Meeting and announced a cash dividend. Shareholders elected seven directors, with each nominee receiving over 7.9 million votes in favor and several hundred thousand additional broker non-votes counted for quorum purposes.
Shareholders also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2026, with 8,415,620 votes for. On an advisory basis, they approved the executive compensation program with 8,002,241 votes for. The Board declared a quarterly dividend of $3.00 per share, payable July 1, 2026, to shareholders of record on June 15, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.07, 8.01, 9.01
3 items
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.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Quarterly dividend: $3.00 per share
Dividend record date: June 15, 2026
Auditor ratification votes for: 8,415,620 votes
+5 more
8 metrics
Quarterly dividend
$3.00 per share
Declared April 23, 2026; payable July 1, 2026
Dividend record date
June 15, 2026
Shareholders of record on this date receive dividend
Auditor ratification votes for
8,415,620 votes
PricewaterhouseCoopers LLP, fiscal year ending December 31, 2026
Auditor votes against
299,420 votes
Ratification of PricewaterhouseCoopers LLP
Say-on-pay votes for
8,002,241 votes
Advisory approval of executive compensation program
Say-on-pay votes against
226,974 votes
Advisory executive compensation proposal
Highest director votes for
8,188,412 votes
Election of director Ting Xu
Lowest director votes for
7,909,713 votes
Election of director H. Hiter Harris, III
Key Terms
broker non-votes, independent registered public accounting firm, advisory basis, executive compensation program, +2 more
6 terms
broker non-votes financial
"Votes For ... Abstentions ... Broker Non- Votes"
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
"ratified the appointment of PricewaterhouseCoopers LLP as 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 basis financial
"shareholders approved, on an advisory basis, the Company’s executive compensation program"
executive compensation program financial
"the Company’s executive compensation program for its named executive officers disclosed in the Proxy Statement"
A plan that determines how top managers are paid and rewarded, typically combining salary, bonuses, stock grants or options, and long-term incentive awards. Investors care because this pay package both affects a company’s costs and signals whether executives’ incentives are aligned with shareholder interests—like setting a coach’s bonus to team wins, it can motivate performance or create risky behavior if structured poorly.
forward-looking statements regulatory
"Some of the information contained in this press release constitutes forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
risk factors regulatory
"including the risk factors in Part I, Item 1A. “Risk Factors” of our Annual Report"
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.
FAQ
What dividend did NewMarket (NEU) declare in April 2026?
NewMarket declared a quarterly cash dividend of $3.00 per share on its common stock. The dividend will be paid on July 1, 2026, to shareholders of record at the close of business on June 15, 2026, continuing the company’s cash return to shareholders.
When will NewMarket’s April 2026 dividend be paid and who qualifies?
The dividend will be paid on July 1, 2026 to shareholders of record on June 15, 2026. Investors must own NewMarket common shares before the record date to appear as shareholders of record and receive the $3.00 per-share cash payment declared by the Board.
Which directors were elected at NewMarket’s 2026 Annual Meeting?
Shareholders elected seven directors: Mark M. Gambill, Thomas E. Gottwald, H. Hiter Harris, III, Bruce R. Hazelgrove, III, James E. Rogers, Lilo S. Ukrop, and Ting Xu. Each nominee received more votes for than against, confirming their election for the ensuing one-year board term.
Who is NewMarket’s independent auditor for the year ending December 31, 2026?
Shareholders ratified PricewaterhouseCoopers LLP as NewMarket’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The ratification received 8,415,620 votes for, 299,420 votes against, and 2,985 abstentions, confirming continued engagement of the same audit firm.
What businesses does NewMarket Corporation (NEU) operate?
NewMarket operates through Afton Chemical, Ethyl, American Pacific Corporation (AMPAC), and Calca Solutions. Afton and Ethyl make fuel and lubricant additives, AMPAC produces specialty materials for solid rocket motors, and Calca supplies UltraPure and high-purity hydrazine propellants for aerospace and defense applications.