Sentences with phrase «shareholder proposal requesting»

NBL NYSE — April 26, 2016 After receiving 42 % support on a shareholder proposal requesting proxy access that would allow an unlimited number of shareholders owning 3 % of shares for 3 years to nominate 25 % of the board at its last annual meeting, Noble Energy adopted a proxy access provision allowing a group of 20 shareholders owning 5 % of shares for 3 years the ability to nominate 20 % of the board.

Additionally, for the third year in a row, shareholders will vote on a shareholder proposal requesting that Chipotle enhance its sustainability reporting, an issue that may have special significance given the recent food safety incidents.

«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»

As a result, the New York State Common Retirement Fund has withdrawn their shareholder proposal requesting increased reporting on climate change from this year's annual meeting ballot.

The nonprofit Flyers Rights, which invests in the airlines through its education fund, has filed shareholder proposals requesting a report from each one that includes an analysis of how its profit margin and stock price could be affected by these trends.

Both companies faced non-binding shareholder proposals requesting the provision at their 2017 AGMs, receiving -LSB-...]

Certain shareholders have taken notice of this pattern of reports concerning the Company's working conditions, and at its 2016 annual meeting, have submitted a variety of shareholder proposals requesting increased disclosure of both Amazon's sustainability and human rights considerations.

Not exact matches

To address some of the issues irking consumers, a shareholder proposal this year requests that the «audit Committee conduct an independent review of the Company's internal controls related to residential mortgage loan modifications, foreclosures and securitizations, and report to shareholders.»

Besides Mr. Drexler, major (5 % or greater) shareholders in the firm, as of the annual proxy in April, include FMR LLC (which includes the Fidelity Contrafund), Baron Capital Group, BlackRock, and T Rowe Price, all of whom voted in favor of the directors up for election as well as the other management proposals — and Columbia Wanger Asset Management (whose parent Ameriprise, did not return requests for information).

Because the CNGC already regularly analyzes whether our incentive compensation programs provide proper incentives to our NEOs to achieve our Company's strategic priorities (including ROI) and because our shareholders already receive annual reports on those matters in the CD&A s in our annual proxy statements, we believe the adoption of the policy requested by the proposal is unnecessary, duplicative of practices already followed by the CNGC and our Company, and would result in an expenditure of Walmart's resources and our management's and directors» time that ultimately would not be in our shareholders» best interests.

Shareholders did not back a proposal by the New York State Common Retirement fund requesting the bank to explain whether and how it has identified employees or positions «eligible to receive incentive - based compensation that is tied to metrics that could have the ability to expose Wells Fargo to possible material losses.»

Certain of the shareholder proposals relate to environmental, sustainability, social, or governance issues, often requesting that we prepare a report, adopt a policy, or take some other narrowly or vaguely defined action.

As such, the Board believes that the policy requested by this proposal is not appropriate for the Company and not in the best interests of shareholders.

Shareholder Proposals on Information Requests Only Shareholder proposals have rightly played an important role in prodding companies both to adopt governance measures and to disclose campaign spending, often following a model developed by the Center for Political AccounProposals on Information Requests Only Shareholder proposals have rightly played an important role in prodding companies both to adopt governance measures and to disclose campaign spending, often following a model developed by the Center for Political Accounproposals have rightly played an important role in prodding companies both to adopt governance measures and to disclose campaign spending, often following a model developed by the Center for Political Accountability.

In 2015, a shareholder proposal submitted by UNITE HERE requesting that the board grant shareholders this right received 49.3 % shareholder support.

Most notably, he is requesting that the company: (i) immediately cancel its proxy access policy; (ii) immediately implement a proxy access bylaw; (iii) that the chair of the board immediately resign; (iv) that there be a complete change of directors in the governance committee over the next year; and (v) that any director or officer refusing to act in accordance with the 2018 shareholder proposal immediately submit their resignation.

CalSTRS and Relational Investors discuss their shareholder proposal at Timken Company requesting the company split the steel and bearings businesses into separate public companies.

The article states that for 10 years, «shareholders» have submitted proposals to Charles Schwab requesting more information related to its public - policy expenditures.

Wintergreen also indicated it will support the Wintergreen Advisers proposal to request that CTO hire an independent adviser to evaluate ways to maximize shareholder value.

The Firm will submit a shareholder proposal on behalf of any other Discretionary Account only at the request of the Discretionary Account or with that Discretionary Account's prior written consent.

In March, a proposal filed by Arjuna Capital and As You Sow, which requested more dividend allocation among ExxonMobil's shareholders, was exempted by the SEC from the ballot at its shareholder meeting.

Glass Lewis has observed that a number of shareholder proposals have requested that Canadian companies adopt the latter.

In practice, this means that boards in the U.S., and potentially in Canada and other jurisdictions in the future, should be prepared to allocate sufficient time to review, analyze and prepare a response to shareholder proposals, all while meeting the time constraints for submitting no - action requests.

In situations where, in Glass Lewis» opinion, the existing laws, policies or regulations either provide shareholders with adequate proxy access rights or would prohibit a company's adoption of the requested provision, it will recommend that shareholders vote against such US - style proposals.