Sentences with phrase «from shareholders voting»

Doing this we found a high correlation between the companies on our final list and those that received the highest level of opposition from shareholders voting on these pay packages at the annual meetings.

Not exact matches

JPMorgan Chase Chief Executive Jamie Dimon, who won a strong vote of confidence from shareholders last month, on Tuesday defended the disclosures the bank made last year about its unfolding London Whale derivatives loss.

In November 2009, Facebook's board of directors voted to establish a dual - class stock structure, moving the existing shareholders stock from Class A to Class B shares, which carry 10 times the voting power.

While his pay is likely to be unchanged, it has faced challenges from Institutional Shareholder Services, a firm that advices shareholders on proxy votes.

Over the past week, two advisory firms recommended TMX Group shareholders vote in favour of the proposed merger with the London Stock Exchange on June 30, and reject the rival takeover offer from the Maple Group.

CNBC's Deirdre Bosa reports on expectations from today's shareholder vote on Amazon's bid for Whole Foods.

Warren Buffett's Berkshire Hathaway (BRK.A), Coke's largest shareholder, also criticized the plan, saying in April, it was «excessive,» but abstained from voting on the plan at Coca - Cola's annual meeting in April, citing loyalty to the company.

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.

SINGAPORE, April 19 - Embattled Noble Group said it will drop a provision in its $ 3.4 billion debt restructuring proposal that placed restrictions on shareholders voting against the plan after criticism from the Singapore Exchange.

SINGAPORE, April 19 - Bowing to criticism from the Singapore Exchange and other investors, embattled Noble Group is removing a provision in its $ 3.4 billion debt restructuring proposal that penalised shareholders voting against the plan.

According to the related press release, the low level of support for these board members stems from «the voting recommendation of a major proxy advisory firm which recommended that its institutional shareholder clients withhold their vote in respect of these three directors.»

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.

The SPAC was trading slightly below its offering price when Traina signed the merger agreement, which has made it difficult for him to round up enough yes votes from Terra Nova shareholders, who may be better off voting down the deal and getting back their original investments in the SPAC.

Dell shareholders are scheduled to cast their vote this week on whether or not they will accept a $ 24.4 billion buyout offer from founder and CEO Michael Dell and the private - equity firm Silver Lake Partners.

Yet the area is one that has attracted interest from Russia's private sector as well, including its central securities depository which began testing blockchain proxy voting - allowing shareholders to issue votes on corporate decisions - last year.

He noted that although Apple has characterized it as a pro-shareholder measure, not everyone agrees with that assessment, citing a report from one independent proxy service called Egan - Jones that recommended shareholders vote against the proposal.

In the filing, Greenlight includes a statement from Thomas Long, a senior vice president at D.F. King & Co., a firm that helps facilitate shareholder votes on corporate proxies, among other things.

OVERLAND PARK, Kansas (Reuters)- Shareholders of Sprint Nextel Corp (S.N) voted on Tuesday in favor of a sweetened takeover offer from SoftBank Corp (9984.

The separation, which does not require a shareholder vote, remains subject to market conditions, customary regulatory approvals, an affirmative ruling from the US Internal Revenue Service, the execution of separation and intercompany agreements, and final board approval.

Insights on key issues, proxy votes and shareholder advocacy from the California State Teachers» Retirement System, Ceres, ICCR, Sustainable Stock Exchange, Nathan Cummings Foundation, Trillium Asset Management, As You Sow, Walden Asset Management, Center for Political Accountability, AFSCME, Arjuna Capital, Miller / Howard, Oxfam, Calvert, ClearBridge, Green Century, UAW, Mercy Investments, Sisters of St. Francis, Azzad Asset Management, International Campaign for Rohingya, Responsible Sourcing Network, Sustainable Investments Institute, Proxy Impact, and more.

The board of directors also voted to remove super-voting rights from some shareholders, Axios reports.

The ISS recommendation matches one from rival proxy advisory firm Glass Lewis, which — in a recommendation released before the latest enhancements to the two offers — also advised TMX shareholders to vote for the LSE proposal.

If you have Shares held in one or more «street names,» you must complete, sign, date, and return to each bank, broker, or other nominee through which you hold Shares each voting instruction form received from that bank, broker, or other nominee (or obtain a proxy from each such nominee holder if you wish to vote in person at the 2015 Annual Shareholders» Meeting).

ISS's own metrics show that, collectively, an ISS recommendation on a shareholder ballot increases votes for a proposal by 15 % on average, while a thumbs - down from ISS leads to a 17 % decline.

If your Shares are held in the name of a broker, bank, or other nominee and you want to vote in person, you will need to obtain (and bring with you to the 2015 Annual Shareholders» Meeting) a legal proxy from the record holder of your Shares (who must have been the record holder of your Shares as of the close of business on April 10, 2015) indicating that you were a beneficial owner of Shares as of the close of business on April 10, 2015, as well as the number of Shares of which you were the beneficial owner on the record date, and appointing you as the record holder's proxy to vote the Shares covered by that proxy at the 2015 Annual Shareholders» Meeting.

If you are a beneficial owner of Shares and your Shares are held in street name as described above, you will be admitted to the 2015 Annual Shareholders» Meeting only if you present either a valid legal proxy from your bank, broker, or other nominee as to your Shares, the notice of internet availability of the proxy materials (if you received one), a voting instruction form that you received from your bank, broker, or other nominee (if you have not already completed and returned the voting instruction form), or a recent bank, brokerage, or other statement showing that you owned Shares as of the close of business on April 10, 2015.

The Board has also determined to include an advisory vote on executive compensation at each annual shareholders» meeting until the next required vote on the frequency of shareholder votes on executive compensation because the Board believes it is important to receive feedback from shareholders on this important issue annually.

We urge all shareholders to express their choices on each voting matter described on the proxy card or the voting instruction form (which you will receive from your broker, bank, or other nominee, if your Shares are held in «street name»).

For CF, that represents a reduction from the current 25 % threshold — a level that was approved by shareholders under a binding vote in 2014.

Tim Hortons shareholders must vote on whether to approve the cash - and - share offer, which values Tim Hortons at $ 94 a share, up from $ 68 last Friday.

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.

Corporate managers are highly skeptical of shareholder proposals, and often seek to prevent them from coming to a vote.

Most of the close to 50 investors surveyed said recommendations from firms like Glass Lewis & Co. and Institutional Shareholder Services Inc. have a «low influence» on how they vote at annual meetings for companies they own.

«In light of evolving investor sentiment, we have clarified that we consider that the board generally has an imperative to respond to shareholder dissent from a proposal at an annual meeting of more than 20 % of votes cast — particularly in the case of a compensation or director election proposal.»

It also offers insider details from shareholder advocates and issue experts, as well as resources for how institutional investors with a social mission can better align their values with their votes, with a sharp eye on the financial bottom line.

In an extraordinary ruling late Friday, New York state judge Barry Ostrager enjoined Xerox from pursuing a shareholder vote on the deal, a relatively rare move that demonstrated how tainted he found the deal process (based on evidence from discovery and a hearing last week).

Also it complains about Simon's «opaque disclosure and disenfranchising dual - class capital structure,» which is maybe a bit rich since Macerich simultaneously adopted a poison pill and staggered board to prevent its own shareholders from voting on Simon's offer.

That support was more than offset by «no» votes from clients of proxy advisory firm Institutional Shareholder Services.

Tesla's board is recommending that shareholders vote against the proposal, saying lead independent director Antonio Gracias protects the company against any potential governance issues arising from having a non-independent chairman.

Gannett asks Tribune Publishing shareholders to abstain from voting for a slate of candidates for the company's board of directors to «send a message» to company leadership.

Mark Feidler, Chairman of the Board of Equifax, said, «Our Board greatly appreciates the engagement from our shareholders and the results of today's shareholder votes.

At last year's annual meeting, the company's advisory vote on executive compensation failed to receive majority support from shareholders, with approximately 29 % of shareholders supporting the proposal; however this was just one of the issues the company faced in the past year.

Due to the heightened scrutiny resulting from the scandal, Petrobras was one of the first Brazilian companies to offer foreign institutional shareholders the opportunity to vote on independent shareholder - nominated board candidates in 2015.

Private shareholders were rightfully surprised and incensed at the proposed merger, and along with the three ousted Board members there were enough votes to block the merger from taking place.

Mason's principal and co-founder Michael Martino responded: «Mason will vigorously oppose Telus» latest attempt to take value from voting shareholders and transfer it to the non-voting shareholders, including Telus» board of directors and company executives, whose personal economic interests are tied to the non-voting stock.»

Despite the postponement of the shareholder vote, David Eaton, Vice President of Proxy Research at Glass Lewis, says 11th - hour backing from some large investors shows there is more support for Michael Dell's buyout plan than -LSB-...]

In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..

An equity fund pays investors dividends which vary depending on market conditions and the over all performance of the fund... Shareholders are also rewarded with dividends form capital appreciation (an increase in the value of the fund based on market conditions) Equity funds let shareholders benefit from a good performing company, and this along with voting rights, mShareholders are also rewarded with dividends form capital appreciation (an increase in the value of the fund based on market conditions) Equity funds let shareholders benefit from a good performing company, and this along with voting rights, mshareholders benefit from a good performing company, and this along with voting rights, makes them...

The appointments to these newly created positions are designed to better serve customer needs and are reflective of the rapidly changing corporate governance landscape — from one of interactions driven primarily by shareholder voting to an era of broad, year - round engagement.

And shareholder Berkshire Hathaway (NYSE: BRK.A) says it plans to vote against USG (NYSE: USG) Corp «s new board nominees as it pushes USG (NYSE: USG) to reconsider that nearly $ 6 billion takeover offer from Germany «s Knauf.