WWE's annual stockholder meeting has been pushed back yet again.
The company announced on its corporate website that the meeting, scheduled for May 14, has now been postponed until June 11 due to Connecticut Governor Ned Lamont's stay-at-home order. This is the second time that the meeting was postponed as it was originally supposed to take place on April 16.
STAMFORD, Conn., May 8, 2020 - World Wrestling Entertainment, Inc. (NYSE: WWE) today announced that for a second time it intends to convene and then immediately adjourn, its scheduled May 14, 2020 Annual Meeting of Stockholders until June 11, 2020 due to Governor Lamont’s stay-at-home/ stay-safe executive order for the State of Connecticut. Such date was chosen in order to conform with the Delaware General Corporation law relating to adjournments, however, the June meeting may again be adjourned to a later date. To ensure the health and safety of its employees, stockholders, and others who attend the Annual Meeting, the Company will continue to carefully monitor the situation as such date approaches. The record date will remain February 20, 2020. Stockholders should comply with applicable restrictions and not attend the Annual Meeting on May 14. The Company will keep its stockholders apprised of all updates relating to the annual meeting as they become available.
WWE's upcoming Money In The Bank pay-per-view will feature matches that will take place at WWE Headquarters. Fightful will have live coverage of Money In The Bank on May 10.