LXP Industrial Trust (NYSE:LXP) held its 2026 Annual Meeting of Shareholders. According to a press release, 94% of 58,957,523 outstanding shares were represented.
Shareholders elected eight trustees to serve until 2027: T. Wilson Eglin, Lawrence L. Gray, Arun Gupta, Jamie Handwerker, Derrick Johnson, Claire A. Koeneman, Nancy Elizabeth Noe, and Howard Roth. Each received between 50.9 million and 52.3 million votes.
An advisory resolution on executive compensation passed with 49.8 million votes in favor. Bond.az analysis shows LXP has paid dividends for 33 consecutive years, though the stock may be overvalued.
Shareholders ratified Deloitte & Touche LLP as auditor for fiscal 2026, with 54.3 million votes in favor.
In other news, LXP reported strong Q1 2026 results. Adjusted FFO reached $47 million, or $0.80 per diluted share, up 2.6% year-over-year.
