Item 5.07 Submission of Matters to a Vote of Security Holders.
OnApril 7, 2022 ,KB Home held its 2022 Annual Meeting of Stockholders. The final results for each item submitted to a vote of security holders at the Annual Meeting are provided below. The rounded percentages displayed below for the election of directors are based on the total "For" and "Against" votes cast for each respective director nominee. The rounded percentages displayed below for the other items are based on the total number of shares ofKB Home common stock that were present or represented, and entitled to vote on each respective item, at the 2022 Annual Meeting. 1. The vote on the nominees for election to theKB Home board of directors was as follows: Director For % Against % Abstentions Broker Non-Votes Arthur R. Collins 69,105,025 98.4% 1,115,734 1.6% 63,962 7,334,250 Dorene C. Dominguez 67,641,768 96.3% 2,574,936 3.7% 68,017 7,334,250 Kevin P. Eltife 69,120,079 98.4% 1,100,450 1.6% 64,192 7,334,250 Timothy W. Finchem 65,854,391 94.7% 3,708,243 5.3% 722,087 7,334,250 Dr. Stuart A. Gabriel 69,113,768 98.4% 1,101,330 1.6% 69,623 7,334,250 Dr. Thomas W. Gilligan 67,530,147 96.2% 2,697,470 3.8% 57,104 7,334,250 Jodeen A. Kozlak 68,010,964 96.9% 2,206,908 3.1% 66,849 7,334,250 Melissa Lora 67,350,789 95.9% 2,868,539 4.1% 65,393 7,334,250 Jeffrey T. Mezger 66,529,612 95.5% 3,148,745 4.5% 606,364 7,334,250 Brian R. Niccol 68,617,813 97.7% 1,602,489 2.3% 64,419 7,334,250 James C. Weaver 67,068,793 95.5% 3,151,622 4.5% 64,306 7,334,250 2. The non-binding advisory vote to approve named executive officer compensation was as follows: For % Against % Abstentions Broker Non-Votes 53,759,295 76.5% 16,211,756 23.1% 313,670 7,334,250 3. The vote to ratifyErnst & Young LLP's appointment asKB Home's independent registered public accounting firm for the fiscal year endingNovember 30, 2022 was as follows: For % Against % Abstentions Broker Non-Votes 74,620,507 96.1% 2,956,033 3.8% 42,431 -
Item 7.01 Regulation FD Disclosure.
EffectiveApril 7, 2022 , the board of directors authorizedKB Home to repurchase up to$300.0 million ofKB Home's outstanding common stock. This authorization replaced a prior board of directors authorization, which had 331,400 shares remaining for repurchase. Repurchases under this new share repurchase authorization may occur periodically through open market purchases, privately negotiated transactions or otherwise, with the timing and amount at management's discretion and dependent on market and business conditions and other factors. This share repurchase authorization will continue in effect until fully used or earlier terminated or suspended by the board of directors, and does not obligateKB Home to purchase any shares.
A copy of the press release
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press release dated
authorization and annou ncing second quarter
dividend .
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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