[8-K] Valaris Ltd Reports Material Event
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Valaris Limited held its 2026 Annual General Meeting of Shareholders in Bermuda on June 10, 2026. There were 69,251,773 common shares entitled to vote based on the April 13, 2026 record date, and 61,111,993 shares, or 88.24%, were present in person or by proxy.
Shareholders cast votes on the election of director nominees and other matters described in the 2026 Proxy Statement. For example, Elizabeth D. Leykum received 56,609,714 votes for and 499,091 votes against, while Anton Dibowitz received 57,097,368 votes for and 11,406 votes against. Additional proposals also received tens of millions of votes in favor, with some items showing no broker non-votes.
Positive
- None.
Negative
- None.
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
Shares entitled to vote: 69,251,773 shares
Shares present and voting: 61,111,993 shares
Turnout percentage: 88.24%
+3 more
6 metrics
Shares entitled to vote
69,251,773 shares
Common shares entitled to vote at 2026 AGM based on April 13, 2026 record date
Shares present and voting
61,111,993 shares
Shares present in person or by proxy at 2026 AGM
Turnout percentage
88.24%
Portion of entitled shares present at 2026 AGM
Votes for Elizabeth D. Leykum
56,609,714 votes
Votes cast for director nominee at 2026 AGM
Votes for Anton Dibowitz
57,097,368 votes
Votes cast for director nominee at 2026 AGM
Votes for additional proposal
57,705,016 votes
Votes cast for an unspecified matter with no broker non-votes
Key Terms
Annual General Meeting of Shareholders, record date, proxy, broker non-votes
4 terms
record date regulatory
"shares entitled to vote at the meeting based on the April 13, 2026 record date"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
proxy regulatory
"were present and voting in person or by proxy"
A proxy is the authorization a shareholder gives to another person or document to cast votes on their behalf at a company meeting. Think of it like handing someone your voting ticket so they can represent your choices on board elections, executive pay, mergers and other big decisions; it matters because proxies determine who controls the company and which proposals pass, directly affecting share value and investor returns.
broker non-votes regulatory
"Broker Votes For | Votes Against | Votes Abstain | 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.
