10-Q/APeriod: Q2 FY2000

DOVER Corp Quarterly Report (Amendment) for Q2 Ended Jun 30, 2000

Filed October 2, 2000For Securities:DOV

Summary

This 10-Q/A filing from Dover Corporation, filed on October 2, 2000, is an amendment to their Form 10-Q for the period ended June 30, 2000. The primary purpose of this amendment is to restate Item 4, "Submission of Matter to Vote of Security Holders." This section details the outcomes of the Annual Meeting of Stockholders held on April 25, 2000. Key takeaways for investors include the overwhelming approval of all director nominees and the re-approval of the Company's 1995 Cash Performance program. The strong shareholder turnout and high percentage of votes in favor demonstrate robust support for the company's leadership and existing incentive structures. With 85% of outstanding stock represented, the decisions made at the meeting carry significant weight and indicate shareholder confidence.

Key Highlights

  • 1Dover Corporation filed an amended 10-Q on October 2, 2000, restating Item 4 regarding shareholder matters.
  • 2The Annual Meeting of Stockholders occurred on April 25, 2000, with strong participation.
  • 3Approximately 85% of outstanding shares (171,687,002) were represented in person or by proxy.
  • 4All director nominees were elected by a substantial majority, receiving at least 163,530,317 votes.
  • 5The company's 1995 Cash Performance program goals were re-approved with a high level of shareholder support (97.3% of votes cast).
  • 6As of the reporting period, 203,074,480 shares of common stock were outstanding.

Frequently Asked Questions

This filing is an amendment to Dover Corporation's previous 10-Q for the period ending June 30, 2000. It specifically restates Item 4, which details the matters submitted to a vote of security holders at the company's Annual Meeting of Stockholders.

Shareholders overwhelmingly approved all director nominees at the Annual Meeting on April 25, 2000. Each nominee received at least 163,530,317 votes, indicating strong support for the company's board.

Yes, the stockholders re-approved the performance goals under the Company's 1995 Cash Performance program. This received very strong support, with 167,791,669 votes in favor, representing 97.3% of the votes cast.

Shareholder participation was high, with approximately 85% of the outstanding stock, totaling 171,687,002 shares, represented either in person or by proxy at the Annual Meeting held on April 25, 2000.