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.