Sentences with phrase «shareholders voting by»

Second, shareholders voting by proxy will be given the relatively unusual opportunity to vote on director candidates individually thanks to an early request for cumulative voting submitted well before the deadline of 48 hours prior to the meeting.

Shareholders voting by proxy will have an unprecedented opportunity to support avowedly independent nominees proposed by an institutional investor in a contested election.

Following a shareholder vote by both companies, the transaction is expected to close during the fourth quarter of 2012 or early in the first quarter of 2013.

Not exact matches

MILAN, April 23 - A judge ruled in favor of an appeal by Telecom Italia and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.

JERSEY CITY, N.J. / BOSTON, May 2 - Goldman Sachs Group Inc leaders said more than 87 percent of shares were voted in favor of its executive pay at its annual shareholder meeting, and that a stock plan for employees was approved by more than 65 percent of votes cast.

Taking it one step further, the board also plans to state that it will abide by the vote of shareholders on this proposal.

Shareholders will vote on a rights plan devised by management to thwart Icahn's takeover bid in Toronto on May 4.

On the agenda are proposals by new Chief Executive Officer Dara Khosrowshahi to change requirements for board seats and to overhaul the shareholder voting structure.

A shareholders meeting is expected to be held by the end of November where they'll vote on whether or not to accept it.

Shareholders of Africa - focused Papillon Resources voted almost unanimously in favour of a $ 615 million takeover by Canadian - based B2Gold at a scheme meeting held this morning.

Perth - based Amcom Telecommunications has pushed back its scheme meeting to vote on the Vocus Communications takeover deal by two weeks, after Sydney competitor and Amcom's major shareholder TPG Telecom yesterday said it would vote against the proposal.

But for his proposal to be put forward for consideration by Dell shareholders, he must first succeed in having Michael Dell's offer voted down and then win enough shareholder support to replace the members of Dell's board with his own nominees.

In April, they voted in favor of a shareholder proposal requiring annual majority rule votes for all directors, which Nabors has said they will abide by.

The shareholder vote — part of an annual meeting — wraps up an arduous sale process that was stymied by the revelations of two massive data breaches.

Analysts, however, said the nominations to the board — to be cut to 12 directors from a previous 18 and voted on by shareholders in April — would do little to distract from the problems accumulating for GE.

«Shareholders can vote, but boards can just ignore them under the «business judgment rule» backed by state laws and courts.

Last month, Dimon prevailed at the bank's annual meeting when only 32 percent of shareholders voted in favor of a proposal — backed by activist groups after the «London Whale» trading losses — to strip him of the chairmanship.

Shareholders led by the French state voted against his compensation in 2016 but approved it narrowly last year.

Institutional Shareholder Services Inc. says in a report that investors should vote for Dallas Howe and Herbert Pinder, nominated by Cation Capital Inc., instead of Crescent Point nominees Rene Amirault and Mike Jackson at the company's annual meeting May 4.

ROZZANO, Italy, April 24 (Reuters)- Telecom Italia (TIM) shareholders will vote on Tuesday to confirm Amos Genish as CEO, while a widely - anticipated showdown between the top two investors in Italy's biggest phone group over board seats is delayed by 10 days.

FORTUNE — We've seen companies like News Corp (NWS), Blackstone (BX), and LinkedIn (lnkd) chip away at shareholder rights by limiting the voting rights of shareholders.

«And those who do a bad job need active voting by shareholders to keep them in check.

While a board of directors has a duty to maximize shareholder value by running a fair sales process, the Murdochs own about 17 percent of Fox and control the company through voting shares.

JERSEY CITY, N.J. / BOSTON, May 2 (Reuters)- Goldman Sachs Group Inc leaders said more than 87 percent of shares were voted in favor of its executive pay at its annual shareholder meeting, and that a stock plan for employees was approved by more than 65 percent of votes cast.

Shell shareholders are set to cast their votes on the deal on Jan. 27, followed by BG investors the next day, the final hurdles to be cleared for the deal to proceed, one of the biggest energy sector acquisitions in the past decade.

Turner says he'd also give shareholders the right to annually vote on the appointment of auditors selected by the audit committee.

Its board of directors is supporting the Loblaw takeover bid but the deal requires approval from at least two - thirds of the votes cast by QHR shareholders at a special meeting to be held in October.

Elliott wants to keep Genish, appointed by Vivendi, but he told Britain's Sunday Telegraph that his position would be untenable if Elliott and its allies secured a majority of board seats at a shareholder vote on Friday.

But following Elliott's move, eight board members nominated by Vivendi resigned, triggering a vote on a full board renewal at a separate shareholder meeting called for May 4.

It can be done at a shareholder meeting, by unanimous consent of shareholders, or even by majority shareholder consent «without a meeting, without prior notice and without a vote,» Bouchard wrote.

MILAN, April 23 (Reuters)- A judge ruled in favor of an appeal by Telecom Italia (TIM) and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.

Sixty - two percent of shareholders voted in favor of the proposal — a stunning defeat for the company formerly helmed by Trump's Secretary of State Rex Tillerson.

By Monday morning, the NBA will have crowned a champion and Facebook's shareholders will be gathering for the company's annual meeting, with votes concerning Mark Zuckerberg's majority voting control planned.

In addition, several SPAC deals have been voted down recently by shareholders.

However, the race may be postponed if the deal is believed to be voted down by shareholders, sources tell CNBC.

However, by postponing the vote to May, Vivendi is assured at least five seats on the new board because shareholders will vote on its candidates as well and not just replacements proposed by Elliott.

Although the release doesn't mention it, while Tribune was becoming tronc, it was also taking a vote on a new slate of directors — a vote that Gannett attempted to influence by trying to convince shareholders to withhold their support, as a show of non-confidence.

A shareholder proposal entitled «Shareholder Proxy Access» IF VOTING BY MAIL, YOU MUST COMPLETE SECTIONS A - D ON BOTH SIDES OFshareholder proposal entitled «Shareholder Proxy Access» IF VOTING BY MAIL, YOU MUST COMPLETE SECTIONS A - D ON BOTH SIDES OFShareholder Proxy Access» IF VOTING BY MAIL, YOU MUST COMPLETE SECTIONS A - D ON BOTH SIDES OF THIS CARD.

Under applicable TSX rules, the transaction also requires the approval of Loblaw shareholders by majority vote, as the number of Loblaw common shares to be issued in the transaction exceeds 25 % of the total number of outstanding Loblaw common shares.

By allowing certain stock to have more voting power than other stock our company takes our public shareholder money but does not let us have an equal voice in our company's management.

The deal requires approval by Pou Sheng's independent shareholders, who own 37.2 percent in total, and could be vetoed if one - tenth of these investors votes against.

A C$ 3.6 billion bid by New Zealand's Fletcher Challenge to acquire Fletcher Challenge Canada's pulp and paper assets has been scuppered by Canadian minority shareholders, only nine percent of whom voted in favour of the plan.

Mr. Gracias is a shareholder and director of Valor Management Corp., and may be deemed to have shared voting and investment power with respect to the shares held of record by VEM II.

Unless a contrary choice is specified, proxies solicited by our Board will be voted AGAINST each shareholder proposal

If you are a shareholder of record and you indicate that you wish to vote as recommended by our Board or if you sign, date and return a proxy card but do not give specific voting instructions, then the proxy holders will vote your shares in the manner recommended by our Board on all matters presented in this Proxy Statement, and the proxy holders may determine in their discretion regarding any other matters properly presented for a vote at our Annual Meeting.

«Today, after welcoming its new directors Ursula Burns and John Thain, the Board voted unanimously to move forward with the proposed investment by SoftBank and with governance changes that would strengthen its independence and ensure equality among all shareholders,» the board said in a statement to TechCrunch.

The firm, created for the sole purpose of lobbying Taseko to replace two directors and give it a say in key company decisions, had no choice: by the meeting's cut - off date for advanced voting, with 50 % of the votes in, shareholders had voted a resounding 94 % against the dissident's proposals.

The affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of E&Y as Walmart's independent accountants for fiscal 2014; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Management Incentive Plan, as amended; and (iv) the adoption of each of the shareholder proposals.

By signing the proxy card we provide to you, you will designate our Chairman and our CEO as your proxies to cast your vote at the 2015 Annual Shareholders» Meeting.

If you are a record holder and would like to vote your Shares by proxy prior to the 2015 Annual Shareholders» Meeting, you have four ways to vote: