UnitedHealth Group Provides Updates on Annual Shareholder Meeting, Board Actions

Rhea-AI Summary

UnitedHealth Group (NYSE: UNH) updated its 2024 annual shareholder meeting and board actions. Shareholders elected all nominated directors including Charles Baker, Timothy Flynn, and Andrew Witty. They approved the advisory resolution on executive compensation and ratified Deloitte & Touche LLP as the independent public accounting firm. A shareholder proposal for a political contributions congruency report was voted against. The Board also authorized a cash dividend of $2.10 per share, payable on June 25, 2024, to shareholders of record as of June 17, 2024. UnitedHealth Group aims to improve health systems through Optum and UnitedHealthcare.

Positive

• Shareholders elected all nominated directors, ensuring stable governance.
• Executive compensation plan received shareholder approval, indicating confidence in leadership.
• Deloitte & Touche LLP ratified as independent public accounting firm, ensuring financial reliability.
• Board authorized a $2.10 per share cash dividend, showing financial health and rewarding shareholders.

Negative

• Shareholder proposal for a political contributions congruency report was voted against, suggesting possible concerns over political transparency.

UnitedHealth Group (NYSE: UNH) provided updates on its 2024 annual shareholder meeting and actions by its Board of Directors.

Shareholders elected all those nominated to the Board: Charles Baker, Timothy Flynn, Paul Garcia, Kristen Gil, Stephen Hemsley, Michele Hooper, F. William McNabb III, Valerie Montgomery Rice, M.D., John Noseworthy, M.D., and Andrew Witty.

UnitedHealth Group directors stand for election annually.

Shareholders also:

• Approved the advisory resolution on the Company’s executive compensation.
• Ratified Deloitte & Touche LLP as the Company’s independent registered public accounting firm.
• Voted against the shareholder proposal seeking a political contributions congruency report.

At its regular quarterly meeting, the Board authorized payment of a cash dividend of $2.10 per share, to be paid June 25, 2024, to common stock shareholders of record as of the close of business June 17, 2024.

About UnitedHealth Group

UnitedHealth Group (NYSE: UNH) is a health care and well-being company with a mission to help people live healthier lives and help make the health system work better for everyone through two distinct and complementary businesses. Optum delivers care aided by technology and data, empowering people, partners and providers with the guidance and tools they need to achieve better health. UnitedHealthcare offers a full range of health benefits, enabling affordable coverage, simplifying the health care experience and delivering access to high-quality care. Visit UnitedHealth Group at www.unitedhealthgroup.com and follow UnitedHealth Group on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240605986941/en/

Media:

Eric Hausman

Eric.Hausman@uhg.com

952-936-3963

Investors:

Zack Sopcak

Zack.Sopcak@uhg.com

952-936-7215

Source: UnitedHealth Group

FAQ

What were the outcomes of UnitedHealth Group's 2024 annual shareholder meeting?

Shareholders elected all nominated directors, approved executive compensation, and ratified Deloitte & Touche LLP as the independent public accounting firm.

What was the decision on the political contributions congruency report proposal at UnitedHealth Group's meeting?

The proposal for a political contributions congruency report was voted against by shareholders.

When is UnitedHealth Group's dividend payment date in 2024?

The dividend payment date is June 25, 2024, for shareholders of record as of June 17, 2024.

How much is UnitedHealth Group's dividend per share for 2024?

The Board authorized a cash dividend of $2.10 per share.

Who was ratified as the independent public accounting firm for UnitedHealth Group?

Deloitte & Touche LLP was ratified as UnitedHealth Group's independent public accounting firm.