M&A - HUBBELL INC

Form Type: DEF 14A

Filing Date: 2025-03-24

Corporate Action: Acquisition

Type: New

Accession Number: 000130817925000207

Filing Summary: Hubbell Incorporated filed its DEF 14A proxy statement for the 2025 Annual Meeting of Shareholders, scheduled for May 6, 2025. The filing was mailed on or around March 24, 2025. The agenda includes proposals for the election of directors, an advisory vote on executive compensation, ratifying the selection of PricewaterhouseCoopers LLP as the independent auditor, and approving amendments to the Certificate of Incorporation for majority voting in uncontested director elections and the Incentive Award Plan. Key highlights from 2024 performance show net sales of $5.6 billion, adjusted diluted earnings per share of $16.57, and free cash flow of $811 million. The company continues to strategically align its portfolio around grid modernization, including its recent acquisition of Ventev in February 2025, and the closing of the residential lighting business sale in February 2024 for $131 million. The filing emphasizes the company's commitment to sustainability and shareholder engagement.

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Form Type: PRE 14A

Filing Date: 2025-03-14

Corporate Action: Acquisition

Type: New

Accession Number: 000130817925000133

Filing Summary: Hubbell Incorporated has called for its 2025 Annual Shareholders Meeting on May 6, 2025. A notice for the availability of proxy materials was mailed to shareholders around March XX, 2025. Shareholders as of March 7, 2025, are entitled to vote on several proposals including the election of directors, approval of executive compensation, ratification of PricewaterhouseCoopers LLP as independent auditors, amendment of the Certificate of Incorporation for majority voting standards, and approval of the Hubbell Incorporated Incentive Award Plan. Key highlights from 2024's performance show net sales of $5.6 billion and an 8% dividend increase. The company has been actively managing its portfolio, including the acquisition of Ventev, completed in February 2025, and the recent disposition of its residential lighting business for $131 million, marking its fourth divestiture of non-core businesses in the last five years.

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