Pegasystems shareholders approve 2-for-1 stock split and doubling of authorized shares
At its June 17, 2025 annual meeting, Pegasystems shareholders approved a charter amendment increasing authorized common shares from 200,000,000 to 400,000,000, which the company filed the same day. The company will then carry out a two-for-one forward stock split paid as a stock dividend, with shares expected to trade on a post-split basis starting June 23, 2025.
Key points
- Authorized common shares rise from 200,000,000 to 400,000,000 after a charter amendment approved June 17, 2025.
- Holders of record on June 10, 2025 receive one additional share for each share held; distribution is expected June 20, 2025.
- Shareholders approved the amended 2004 Long-Term Incentive Plan with 51,118,155 votes for and 24,200,266 against.
- All eight director nominees were elected to serve until the 2026 annual meeting.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits 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 June 18, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.