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Form 8-K · Current Report · Filed 2024-05-03

Molina Healthcare Announces Annual Meeting Voting Results

On May 1, 2024, Molina Healthcare, Inc. held its Annual Meeting of Stockholders. All nine directors were re-elected with a significant majority of votes. The compensation of named executive officers received a non-binding advisory approval. The appointment of Ernst & Young LLP as the independent auditors was ratified. However, a shareholder proposal regarding simple majority voting was rejected by a wide margin.

Filer
Molina Healthcare Inc. MOH · NYSE
Filed
Accession
0001179929-24-000091
CIK
0001179929
Signal
Medium impactHealthcare

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Equity Plan Approved Say-on-Pay Approved

Market reaction

Close before filing

$339.55

Next session

+1.1%

Since filing

-42.4%

Latest close

$195.62

What happened, not what will happen — closing prices around the filing date.

About Molina Healthcare Inc.

Molina Healthcare Inc. is a managed care company that provides health plans to low-income individuals through government programs like Medicaid and Medicare. Initially founded in 1980 to operate primary care clinics in California, the company focuses on offering affordable healthcare services to underserved populations across the United States. Molina Healthcare specializes in managing healthcare needs for financially vulnerable segments, leveraging its expertise to accommodate the complexities of state-run health programs. Its services include Medicaid management, Medicare Advantage plans, and the Marketplace Exchange, addressing both preventative and emergent health care needs. Serving various demographic groups, Molina is instrumental in enhancing access to healthcare, particularly in regions where medical resources may be limited. In the financial markets, the company is recognized for navigating the intricacies of state and federal healthcare regulations while maintaining a commitment to economically sustainable growth. Molina’s business model not only helps shape public health policy but also plays a critical role in the broader healthcare ecosystem by promoting efficient resource allocation and contributing to the overall well-being of its members.

Exchange NYSE Industry Healthcare Plans Company website ↗

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