LKQ Corporation Amends Cooperation Agreement with Investor Parties, Establishes New Shareholder Terms

Reuters

05-15

<a href="https://laohu8.com/S/LKQ">LKQ Corporation</a> Amends Cooperation Agreement with Investor Parties, Establishes New Shareholder Terms

LKQ Corporation has announced an amendment to its Cooperation Agreement with Ancora Catalyst Institutional, LP, Engine Capital, LP, and their affiliates. The agreement, dated May 14, 2025, states that if the company's Board of Directors re-nominates Sue Gove and Michael Powell for re-election at the 2026 annual meeting, the investor parties will adhere to specific standstill restrictions and voting commitments. This includes a mutual non-disparagement provision, effective until either 30 days before the 2027 shareholder nomination deadline or 110 days prior to the first anniversary of the 2026 annual meeting. The full details of the amendment and cooperation agreement are available in LKQ Corporation's Form 8-K filings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LKQ Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001065696-25-000035), on May 14, 2025, and is solely responsible for the information contained therein.

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The agreement, dated May 14, 2025, states that if the company's Board of Directors re-nominates Sue Gove and Michael Powell for re-election at the 2026 annual meeting, the investor parties will adhere to specific standstill restrictions and voting commitments. This includes a mutual non-disparagement provision, effective until either 30 days before the 2027 shareholder nomination deadline or 110 days prior to the first anniversary of the 2026 annual meeting. The full details of the amendment and cooperation agreement are available in LKQ Corporation's Form 8-K filings.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LKQ Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001065696-25-000035), on May 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2092937221.SGD","symbol_name":"Blackrock Circular Economy A2 SGD-H","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250514:nNDL1pwHsp:1","article_id":"2535600010","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535600010","pubTimestamp":1747254962,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"LKQ Corporation has announced an amendment to its Cooperation Agreement with Ancora Catalyst Institutional, LP, Engine Capital, LP, and their affiliates. 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The agreement, dated May 14, 2025, states that if the company's Board of Directors re-nominates Sue Gove and Michael Powell for re-election at the 2026 annual meeting, the investor parties will adhere to specific standstill restrictions and voting commitments. This includes a mutual non-disparagement provision, effective until either 30 days before the 2027 shareholder nomination deadline or 110 days prior to the first anniversary of the 2026 annual meeting. The full details of the amendment and cooperation agreement are available in LKQ Corporation's Form 8-K filings.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LKQ Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001065696-25-000035), on May 14, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,corporation","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}