Cisco Systems, Inc.
Approval of amended stock incentive plan and stockholder votes
Summary
Cisco Systems, Inc.'s stockholders approved the amendment and restatement of the 2005 Stock Incentive Plan, increasing the number of authorized shares by 57,490,000. At the Annual Meeting, stockholders also voted on the election of board members and various proposals, including the approval of executive compensation and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm.
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About Cisco Systems, Inc.
Cisco Systems, Inc. is a global leader in networking and IT. The company's core business is to design and sell a range of technologies that power the internet. Cisco is renowned for its routers, switches, cybersecurity solutions, and wireless systems, which serve as the backbone for digital communication networks worldwide. The company's products and solutions are crucial for the seamless operation of data centers, enterprise networks, and telecommunication infrastructures. Cisco Systems, Inc. plays a pivotal role in connecting businesses, governments, and individuals across multiple sectors, fostering the growth of cloud computing, IoT (Internet of Things), and remote work capabilities. With a focus on innovation and sustainability, Cisco continuously develops new technologies to enhance network performance and security. Based in San Jose, California, and founded in 1984, Cisco is a respected pioneer in its field, significantly contributing to the digital transformation initiatives of organizations globally. Its expansive reach and comprehensive portfolio make it a fundamental entity in shaping how we connect and communicate.
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