DALLAS, July 10 /PRNewswire-FirstCall/ -- Centex Corporation announced preliminary results of voting on stockholder proposals presented at the Company's 2008 Annual Meeting, held earlier today:
PROPOSAL SUBJECT STATUS % OF SHARES % OF % OF VOTING IN SHARES SHARES FAVOR* VOTING ABSTAINED* AGAINST* 1 Election of All 86.1 1.57 N/A Directors nominees elected 2 Ratification of Approved 86.97 0.04 0.65 Appointment of Auditors 3 Amended and Approved 86.39 0.60 0.67 Restated Articles of Incorporation 4 Performance Goals Approved 77.47 9.47 0.71 Under Annual Plan 5 Performance Goals Approved 78.47 8.47 0.71 Under 2003 Equity Plan 6 Amendments to 2003 Approved 70.3 8.95 0.69 Equity Plan 7 Stockholder Not 13.33 37.76 28.85 Proposal approved Regarding Climate Change 8 Stockholder Approved 65.14 14.03 0.77 Proposal to Declassify the Board
* Based on the total number of shares outstanding on the record date; sums may not add to 100 percent due to rounding and broker non-votes.
About 87.7 percent of the Company's 123.5 million shares of outstanding common stock were represented in person or by proxy in voting at the meeting.
Today's results are preliminary. Official voting results will be reported in more detail in the Company's quarterly report on Form 10-Q to be filed with the U.S. Securities and Exchange Commission in October.
About Centex
Dallas-based Centex, founded in 1950, is one of the nation's leading home building companies. Its leading brands include Centex Homes, Fox & Jacobs Homes and CityHomes. In addition to its home building operations, Centex also offers mortgage, title and insurance services. Centex has ranked among the top three builders on FORTUNE magazine's list of "America's Most Admired Companies" for nine straight years and is a leader in quality and customer satisfaction.
