Alight, INC / Delaware 8-K filings

Alight, Inc. held its 2024 Annual Meeting of Stockholders on July 2, 2024, where directors were elected, the company's auditor was ratified, and executive compensation was approved.

Alight has entered into an accelerated share repurchase agreement with Barclays Bank PLC to repurchase $75 million of its Class A common stock.

Alight Inc. has finalized a $2.49 billion loan agreement to refinance its existing term loans, resulting in a reduced interest rate and extended maturity.

Alight Inc. has appointed David D. Guilmette to the Audit Committee, effective immediately, following his election to the Board of Directors earlier this month.

Alight, Inc. released an updated investor presentation to be used in upcoming meetings, including at the J.P. Morgan Technology, Media and Communications Conference.

Alight reported a 21% increase in BPaaS revenue from continuing operations and announced key executive leadership changes, including a new CFO and President.

Alight Inc. has entered into a cooperation agreement with Starboard Value, resulting in the appointment of two new independent directors to its board and other governance changes.

Alight, Inc. has agreed to sell its Payroll and Professional Services segment to an affiliate of H.I.G. Capital for up to $1.2 billion, marking a strategic shift towards a more focused employee wellbeing and benefits platform.

Alight, Inc. announced its fourth quarter and full year 2023 financial results, highlighting significant growth in BPaaS revenue and increased cash from operations, while also initiating a strategic portfolio review.