SOUTHERN COPPER CORP/ 8-K

What Happened

• Southern Copper Corporation filed an 8-K (dated July 17, 2026) reporting results from its 2026 Annual Meeting of Stockholders held on May 29, 2026. Of 826,065,041 outstanding shares eligible to vote, 804,192,988 shares (about 97.35%) were voted.
• All eight director nominees were elected to serve until the 2027 annual meeting. The filing lists vote totals for each nominee (for example, Germán Larrea Mota‑Velasco received 764,004,407 votes for and 25,081,322 withheld; José Pedro Valenzuela Rionda received 788,083,538 votes for and 1,002,191 withheld).
• Shareholders ratified the Audit Committee’s selection of Galaz, Yamazaki, Ruiz Urquiza S.C. (a Deloitte member firm) as independent public accountants for 2026, and approved the company’s executive compensation in a non‑binding advisory (say-on-pay) vote.

Key Details

• Total shares outstanding eligible to vote: 826,065,041; shares voted: 804,192,988 (≈97.35% turnout).
• Director vote highlights: José Pedro Valenzuela Rionda — 788,083,538 for / 1,002,191 withheld; Germán Larrea Mota‑Velasco — 764,004,407 for / 25,081,322 withheld. (Broker non‑votes: 15,107,259.)
• Auditor ratification vote: 803,321,862 in favor; 751,278 against; 119,848 abstained.
• Say‑on‑pay (non‑binding) vote: 785,220,671 in favor; 3,578,467 against; 286,591 abstained; broker non‑votes: 15,107,259.

Why It Matters

• The voting results confirm continuity of Southern Copper’s board and management oversight through 2027, and formalize the auditor appointment for 2026, both of which affect governance and financial oversight.
• The strong say‑on‑pay vote (non‑binding) signals shareholder support for the company’s executive compensation approach, though it does not legally require changes.
• High turnout (~97%) indicates substantial shareholder engagement on these governance matters; there are no operational or financial changes reported in this filing.