Sentences with phrase «of shareholders voted»

In 2017, over 60 % of shareholders voted for Exxon to begin disclosing how the company would be affected in a demand - constrained environment in line with a two - degree scenario, following the Paris Agreement.
NextEra faced a near revolt at its annual meeting in Oklahoma last spring, where 42 percent of shareholders voted in favor of full disclosure of the company's political spending — including industry association dues used for political purposes.
Fifty - two percent of shareholders voted against Disney's compensation plan for Iger and other executives, the company said at its annual shareholder meeting in Houston.
Fifty - two percent of shareholders voted against Disney's compensation plan for Iger and other executive
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.
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.
At WPP Plc, a third of shareholders voted against CEO Martin Sorrell's 70 million - pound pay package in June 2016.
The outcome of a shareholder vote scheduled for Thursday on the offer is too close to call.
As The Information notes, Kalanick and two people close to him control a majority of shareholder votes, an approach that has become frequently used in tech startups.
Musk has been hyping the solar roof ahead of its shareholder vote for a SolarCity merger that's scheduled for November 17, calling it a «fundamental part of achieving differentiated product strategy.»
The Board must accept or reject such resignation within 90 days following certification of the shareholder vote in accordance with the procedures established by the Bylaws.
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.
The small but growing number of shareholder votes on diversity proposals is on pace to match or exceed the record set last year, according to data compiled by ISS Analytics,...
The small but growing number of shareholder votes on diversity proposals is on pace to match or exceed the record set last year, according to data compiled by ISS Analytics, which tracks proxies.
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-...]
20th December 2017 - London Stock Exchange Group result of general meeting: majority of shareholders vote with board against proposed resolution to remove Donald Brydon
The ABI guidelines are not legally binding but are considered best practice and form the basis of shareholder voting decisions.
Pursuant to the cooperation agreement, Harvest Capital has agreed that, until the certification of the shareholder vote at The Meet Group's 2018 Annual Meeting of Stockholders, it will abide by certain customary standstill provisions.
If at least 50 % +1 of the shareholder votes are in favor of the dilution then it can be done.
ADPT agreed to put Mr. Mutch and Steel executives Jack Howard and John Quicke on its board ahead of the shareholder vote.
Sterling Capital Management argued in a May 2008 letter that the failure of nominated directors at ACL's Annual Meeting of Stockholders to receive a majority of the shareholder vote in support of their re-election demonstrated shareholders» «discontent with the failure of the Board to fully engage SHI in negotiations that could ultimately lead to a transaction that fairly values our company.»
The lack of shareholder voting has been ascribed by the company to the makeup of the current shareholder base.
Each company in the S&P 500 Index has its own embedded compensation expenses, and Wintergreen Advisers» research strongly suggests that S&P 500 index funds, whose significant ownership weighting is often enough to influence the result of the shareholder vote, enable significant hidden costs that investors unknowingly pay.
In our 2016 Annual Report shareholder letter, we discussed the importance of the shareholder vote at the annual meeting of shareholders of companies held in investment portfolios.
Proxy access resolutions have won a majority of shareholder votes at many other oil companies so far this year, including ConocoPhillips, Occidental Petroleum Corp., Marathon Oil Corp., Hess Corp., Anadarko Petroleum Corp., Murphy Oil Corp. and others.
At Exxon, the resolution won 21 percent of shareholder votes; Chevron's version got 20 percent.
The proposal won 4 percent of shareholder votes, enough to qualify for next year's Chevron proxy ballot.
«Shareholders are not going to invest here if they think they can't trust the results of our shareholder votes
The issue came to the fore late last year when Davies Ward Phillips & Vineberg LLP partner Carol Hansell released her report, The Quality of the Shareholder Vote in Canada.
In case a majority of the shareholders vote against a company's remuneration report in a given year, the company should explain in its next remuneration report how the vote of the shareholder has been taken into account.
«He also, thanks to financial engineering, has a majority of shareholder votes and controls the board, and is therefore answerable to no one.
The Bylaws provided that the Co-op could terminate a lease if two - thirds of a Shareholders vote determined that the leaseholder had engaged in «objectionable conduct» that made the individual's continued tenancy «undesirable.»

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.
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.
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.
Programmed Maintenance Services» $ 424 million takeover of its larger competitor Skilled Group is a step closer to fruition, after Skilled shareholders voted in favour of the scheme of arrangement today.
Wesfarmers shareholders have delivered a mild rebuke to their board of directors, delivering a protest vote against a new share options scheme but supporting the company's remuneration report.
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.
Almost two thirds of ExxonMobil shareholders voted in favour of a motion asking the company to report on the impacts of climate change.
While a majority of Goldman Sachs (gs) shareholders voted in favor of executive pay plans on Friday at the bank's annual meeting in its Jersey City offices, around 34 % did not.
But the only shareholders who can collect the rest of the money that the court deemed their shares were worth are those who voted against the deal, and Magnetar is the largest of just a few investors who did, according to The Wall Street Journal.
Under the proposed demerger, which is subject to regulatory approval and a shareholder vote in the first half of 2015, he said there would be benefits for both companies and all shareholders.
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 now have one vote per share, ending a class of supervoting shares in a move that substantially decreases the power of Kalanick and some other early investors.
Second, performance of directors should be much more public so shareholders can make a more informed decision when they vote.
Einhorn, fund manager for Greenlight Capital, accused Apple of cash hoarding earlier last week and is encouraging shareholders to vote against Apple's proxy because he thinks proposition two will kill the option of Apple issuing preferred stock.
CalPERS, the California Public Employees» Retirement System, which voted in favor of the climate change proposal at Exxon's shareholder's meeting Wednesday, also released a statement.
Critics complain «say on pay» votes are ineffectual because boards aren't bound to the results, but of the 53 U.S. companies for whom shareholders rejected compensation plans in 2012, 45 made changes and got positive votes the following year, according to Institutional Shareholder Services.
Amaya's annual meeting has been delayed until July 30, when shareholders will vote on the creation of a new class of convertible preferred shares that are part of the transaction.
A shareholders meeting is expected to be held by the end of November where they'll vote on whether or not to accept it.
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