Shareholders of Hecla Mining Company (NYSE:HL) approved several proposals at the company’s Annual Meeting held Wednesday, according to a press release statement based on a recent SEC filing.
The meeting included the election of two directors, ratification of the company’s independent auditor, an advisory vote on executive compensation, and approval of an amendment to the company’s stock plan for nonemployee directors.
Rob Krcmarov and Dean R. Gehring were elected to the Board of Directors to serve until the 2029 Annual Meeting or until their successors are elected and qualified. Krcmarov received 440,846,142 votes in favor, 1,433,000 against, and 1,044,213 abstentions. Gehring received 425,707,863 votes in favor, 16,558,850 against, and 1,056,642 abstentions. There were 81,266,672 broker non-votes for each nominee.
Shareholders also ratified the appointment of BDO USA, P.C. as Hecla’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The vote was 480,303,792 in favor, 42,376,233 against, and 1,910,002 abstentions.
An advisory vote on the compensation of named executive officers was approved, with 421,646,575 votes in favor, 19,785,285 against, and 1,891,495 abstentions. There were 81,266,672 broker non-votes.
Additionally, shareholders approved an amendment to extend the expiration date of the Amended and Restated Hecla Mining Company Stock Plan for Nonemployee Directors from May 15, 2027 to May 15, 2036. The proposal received 437,723,033 votes in favor, 4,700,693 against, and 899,629 abstentions, with 81,266,672 broker non-votes. Notably, InvestingPro data shows Hecla has maintained dividend payments for 16 consecutive years, underscoring its commitment to shareholder returns. For deeper insights into Hecla’s valuation and 10+ additional ProTips, investors can access the comprehensive Pro Research Report available exclusively on InvestingPro.
On the record date of March 25, 2026, Hecla had 670,565,891 shares outstanding, with 524,590,027 shares, or 78.23%, represented at the meeting.
Hecla Mining Company’s Series B Cumulative Convertible Preferred Stock (NYSE:HL-PB) was also listed as registered on the New York Stock Exchange. All information is based on the company’s SEC filing and press release statement.
In other recent news, Hecla Mining Company disclosed its financial performance for the first quarter of 2026, revealing a notable earnings shortfall. The company’s earnings per share (EPS) came in at -$0.03, significantly below the analyst forecast of $0.26, marking a negative surprise of 111.54%. Despite this earnings miss, Hecla Mining reported a revenue of $410.2 million, reflecting a substantial 100% increase compared to the same period last year. These developments are pivotal for investors keeping an eye on the company’s financial health. The earnings announcement was followed by a rise in Hecla’s stock during after-hours trading. Analysts and investors alike are closely monitoring these financial results to gauge future performance. This earnings report is part of recent developments that could influence investment decisions.
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