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Lindsay (LNN) investor relations material
Lindsay Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Annual meeting scheduled for January 6, 2026, to be held virtually, with voting on director elections, auditor ratification, and executive compensation approval.
Fiscal 2025 saw record net earnings ($74.1M), strong international irrigation revenue growth (up 39%), and significant infrastructure margin expansion.
Major investments included a $50M+ modernization of the main manufacturing facility and a 49.9% stake in Pessl Instruments to drive agtech innovation.
Shareholder returns included a 3% dividend increase and $11.5M in share repurchases, with a new $150M repurchase program authorized.
Voting matters and shareholder proposals
Shareholders will vote to elect three directors for terms ending in 2029, ratify KPMG LLP as auditor for fiscal 2026, and approve executive compensation in a non-binding vote.
Procedures for submitting shareholder proposals and director nominations for future meetings are detailed, with specific deadlines and disclosure requirements.
Board of directors and corporate governance
Board is divided into three classes with staggered three-year terms; all non-employee directors are independent per NYSE standards.
Board skills include global business, M&A, technology, manufacturing, and governance; average director tenure is 9 years.
Chairperson is an independent director, and board leadership is structured to ensure independent oversight.
Codes of conduct and anti-hedging/pledging policies are in place for directors and executives.
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