When will the HNI and Steelcase merger be finalized?

The merger between HNI Corporation and Steelcase Inc. is expected to conclude on December 10, 2025.

Did HNI Corporation shareholders approve the merger?

Yes, an overwhelming majority of HNI Corporation shareholders voted to approve the merger agreement with Steelcase Inc.

What was HNI Corporation's recent dividend payout?

HNI Corporation declared a dividend of $0.34 per common unit share, distributed on December 1, 2025.

Home / Business and Economy / HNI, Steelcase Merger Gets Shareholder Nod

HNI, Steelcase Merger Gets Shareholder Nod

9 Dec

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Summary

Shareholders overwhelmingly approved the merger of HNI Corporation and Steelcase.
The merger agreement, initially set on August 3, 2025, will conclude on December 10, 2025.
HNI Corporation recently declared a dividend of $0.34 per common unit share.

HNI, Steelcase Merger Gets Shareholder Nod

Shareholders of HNI Corporation and Steelcase Inc. have decisively voted in favor of a merger, marking a critical step toward the companies' consolidation. The merger agreement, originally agreed upon on August 3, 2025, is now slated for finalization on December 10, 2025, following this overwhelming shareholder approval.

The voting results, which will be detailed in a Form 8-K submission to the U.S. SEC, indicate robust support for the transaction from both HNI and Steelcase stockholders. This mutual agreement underscores a shared vision for the combined entity.

In parallel with the merger proceedings, HNI Corporation recently announced its quarterly dividend. Shareholders received $0.34 per common unit share on December 1, reflecting the company's ongoing commitment to returning value to its investors.