Sentences with phrase «exclude shareholder proposal»
«Apple loses Rule 14a - 8 fight to exclude shareholder proposal requesting establishment of a human rights committee Main Francis Pileggi's 13th Annual List of Key Delaware Corporate and Commercial Decisions for 2017»
http://www.professorbainbridge.com/
Continuing a 2018 proxy season trend, two more companies are relying on SEC guidance to exclude shareholder proposals relating to special meeting rights under questionable circumstances.
Important highlights from upcoming meetings, provided by Glass Lewis» global research team The AES Corporation New York Stock Exchange — April 16 With permission from the SEC, The AES Corporation has excluded a shareholder proposal -LSB-...]
The SEC staff has routinely allowed media companies to exclude shareholder proposals relating to liberal bias in programming and news reporting as relating to the company's ordinary business.
On November 1, 2017, the staff of the US Securities and Exchange Commission's Division of Corporation Finance (Staff) provided important guidance to companies and shareholders on how Staff will evaluate arguments to exclude shareholder proposals from proxy materials.
Not exact matches
Current regulations allow a company to exclude a resubmitted proposal from its proxy only if it failed to receive the support of 3 % of shareholders the last time it was voted on; 6 % if it has been voted on twice in the last five years; and 10 % if it was voted on three or more times in the last five years.
They then successfully petitioned the SEC to exclude the shareholder - requisitioned proposals, on the basis that a shareholder could not logically vote for both.
L. Rev. 879, 926 n. 15 (1994)(citing Susan Leibler's well - known study «using reported costs of shareholder proposals in 1976 and 1981 to estimate that shareholder proposals, both included and excluded, during 1975 - 1976 proxy season cost U.S. companies a total of $ 7 million»).