World Acceptance shareholders elect directors and approve key proposals at annual meeting

World Acceptance Corp. (NASDAQ:WRLD) held its annual shareholder meeting on Wednesday, with 4,057,996 shares out of 4,660,413 outstanding shares represented, establishing a quorum. The company's stock price has surged 38% over the past six months to $184.55, although it may be overvalued according to InvestingPro analysis. Shareholders elected six directors to serve until the next annual meeting, with the company's management aggressively buying back shares, which typically signals confidence in the company's future prospects.

The company also maintains strong liquidity with a current ratio of 10.38. Additionally, shareholders approved the appointment of RSM US LLP as the company's independent registered public accounting firm for the fiscal year ending March 31, 2027, with 4,052,458 shares voting for the appointment, 1,375 voting against, and 4,163 abstaining.

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