Form 8-K · Current Report · Filed 2024-05-17
Martin Marietta Materials Shareholders Elect New Board Members and Approve Audit and Compensation
Martin Marietta Materials, Inc. held its Annual Meeting of Shareholders on May 16, 2024, where shareholders elected ten new directors, ratified the appointment of PricewaterhouseCoopers LLP as independent auditors, and approved the compensation of named executive officers on an advisory basis. The meeting saw high participation with a 93% quorum of the 61,718,535 shares outstanding. All directorship proposals and the advisory vote on executive compensation received substantial support, while the ratification of the auditors also passed with significant approval.
- Filer
- Martin Marietta Materials Inc. MLM · NYSE
- Filed
- Accession
- 0000950170-24-061389
- CIK
- 0000916076
- Signal
- Medium impactBasic Materials
- Source
- Official filing on sec.gov ↗
Items reported
Submission of Matters to a Vote of Security Holders
Market reaction
Close before filing
$581.69
Next session
+0.2%
Since filing
-9.7%
Latest close
$525.14
What happened, not what will happen — closing prices around the filing date.
About Martin Marietta Materials Inc.
Martin Marietta Materials Inc. is a leading supplier of building materials, primarily aggregates like crushed stone, sand, and gravel, as well as cement and concrete products in the United States. Its primary purpose is to support the construction industry by providing essential raw materials used in infrastructure projects, commercial and residential construction, and the development of public works like roads, bridges, and airports. Martin Marietta Materials is heavily involved in sectors such as construction, transportation, and energy, where its products are critical for foundational building and maintenance. The company plays a significant role in regional and national economic development, given the essential nature of its offerings in the construction and infrastructure sectors. With a broad geographic footprint and a diverse product line, Martin Marietta Materials holds a strategic position within the market, contributing to the durability and growth of urban and rural communities alike.
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