Euronet Shareholders Elect Directors, Approve Executive Pay

LEAWOOD, KS – Euronet Worldwide , Inc. (NASDAQ:EEFT), a leading provider of electronic payment services with a market capitalization of $4.7 billion and an impressive InvestingPro Financial Health score of "GOOD," announced the results of its annual meeting held on May 14, 2025. The company reported that shareholders elected three Class I directors and approved executive compensation, as well as the appointment of KPMG LLP as the independent auditor for the fiscal year 2025.

During the meeting, shareholders elected Michael J. Brown, Sergi Herrero, and Brad Sprong to serve as Class I directors, with their terms expiring at the 2028 Annual Meeting. The voting results were as follows: Michael J. Brown received 37,009,132 votes for and 1,687,415 votes withheld, Sergi Herrero had 38,456,412 votes for and 240,135 votes withheld, and Brad Sprong garnered 37,873,882 votes for and 822,665 votes withheld. There were 1,633,371 broker non-votes for each director.

Additionally, the non-binding advisory vote on executive compensation described in the company’s Proxy Statement was approved with 34,174,148 votes for, 4,486,935 against, and 35,464 abstentions. There were also 1,633,371 broker non-votes on this proposal.

Furthermore, the ratification of KPMG LLP as the company’s independent registered public accounting firm for the 2025 fiscal year was approved with an overwhelming majority of 38,328,248 votes for, 1,956,055 against, and 45,615 abstentions.

These outcomes reflect the shareholders’ support for the company’s leadership and strategic direction. According to InvestingPro data, management has been actively buying back shares, demonstrating confidence in the company’s future. The election of directors is crucial for the company’s governance and future initiatives, while the approval of executive compensation aligns with the interests of shareholders and the company’s performance objectives. The company maintains strong financial metrics with a healthy current ratio of 1.6 and a return on equity of 25%.

Euronet Worldwide, Inc. specializes in processing secure electronic financial transactions and offers a range of services, including payment processing, currency exchange, and remittance solutions. With revenue growth of 7.7% in the last twelve months and an EBITDA of $650.2 million, the company demonstrates solid operational performance. The company’s commitment to robust corporate governance practices is evident in the transparency and reporting of its annual meeting results. For deeper insights into Euronet’s financial health and growth prospects, including 8 additional exclusive ProTips and comprehensive valuation analysis, investors can access the full research report on InvestingPro.

The information provided in this article is based on a press release statement.

In other recent news, Euronet Worldwide reported a strong financial performance for the first quarter of 2025, surpassing earnings expectations. The company achieved an adjusted earnings per share (EPS) of $1.13, which exceeded the forecast of $1.09, and reported revenues of $916 million, slightly above the anticipated $912.44 million. This marks a record high for the first quarter, with double-digit growth reported across all business segments. Euronet reaffirmed its 12-16% earnings growth expectation for 2025, highlighting its confidence in continued expansion in key regions such as LATAM, Europe, and APAC.

Despite these positive results, Euronet’s stock experienced a decline in after-hours trading, suggesting cautious investor sentiment. Analysts have noted that the company’s diversified business model and focus on digital transformation are key drivers of its competitive edge in the global payments market. Additionally, the Money Transfer segment showed a particularly strong earnings contribution due to a 31% increase in digital transactions. Euronet’s leadership has emphasized the company’s strong market position and growth potential, supported by its innovative use cases and strategic partnerships.

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