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AI brief of an SEC Form 8-K · LyondellBasell (LYB)

LyondellBasell shareholders re-elect 12 directors, approve share buyback of up to 10%

Neutral Impact 3 of 5 shareholder Written later

At its May 22, 2026 annual meeting, LyondellBasell shareholders elected 12 directors and approved an amended Long Term Incentive Plan that adds 8,000,000 ordinary shares. They also approved a new share repurchase program covering up to 10% of issued share capital, or 34,042,250 shares, through November 22, 2027. The buyback is not an obligation, and the added plan shares could dilute existing holders.

Key points

  • Shareholders present represented 285,156,235 shares, about 88.34% of shares entitled to vote.
  • Plan amendments authorize 8,000,000 additional ordinary shares and cap annual grants to any non-executive director at $2 million in grant-date fair value.
  • Repurchase authority covers up to 34,042,250 shares until November 22, 2027, and may be suspended or discontinued at any time.

The filing

CompanyLyondellBasell (LYB)
Form8-K, current report
Filed with the SECMay 22, 2026, 4:05 PM ET
Accession number0001489393-26-000034

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 22, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.