Sentences with phrase «shareholder proposal with»

The Texas Act would apply to any person who (i) beneficially owns any securities of a «Texas - based public company» (defined as a publicly traded company whose «headquarters» are located in Texas) and (ii) is an «activist investor» (defined as any person who directly or indirectly nominates or attempts to nominate directors or makes or attempts to make a shareholder proposal with respect to the company).

Icahn tells TIME he filed a shareholder proposal with Apple on Nov. 26, three days before the deadline for measures to be voted on at the company's next annual shareholders meeting.

Late last week, the AFL - CIO's office of investment filed a shareholder proposal with Goldman Sachs — and they plan to file a similar proposal at JPMorgan this week, according to Heather Slavkin Corzo, who runs the AFL - CIO's office of investment.

Not exact matches

Shareholders elected a smaller board with three new members, and voted down six shareholder proposals.

Proposals to declassify the board and require majority voting are almost always popular with shareholders, so it's not like these companies are going out on a limb.

Goldman shareholders also rejected a proposal to require an independent board chairman with a 30 % vote.

Exxon Mobil (xom) has stepped up efforts to persuade investors to vote against climate - related proposals at Wednesday's annual meeting with a campaign of calling, writing and lobbying shareholders in person.

But for his proposal to be put forward for consideration by Dell shareholders, he must first succeed in having Michael Dell's offer voted down and then win enough shareholder support to replace the members of Dell's board with his own nominees.

Shareholders strongly rejected the proposals, with an average of just 11 % voting in favour.

«After an extensive evaluation of all final proposals received, the Special Committee decided on the proposed scheme, which we believe is compelling and value - enhancing for all shareholders,» Seek Ngee Huat, chairman of GLP's board, said in a joint statement with the winning consortium.

SEC staff sent a letter to Goldman internal counsel Beverly O'Toole this week, saying the agency is «unable to concur» with Goldman's view that the shareholder proposal does not warrant a vote.

Valor reported that under the proposal Boeing would pay Embraer in cash when the commercial assets are transferred to the new company, with most of the proceeds then distributed to shareholders as dividends.

Exxon has argued against all the other shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the environmental, social and economic challenges associated with the oil sands»; a report of «known and potential environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»

A growing number of corporations unhappy with shareholder proposals are taking their frustrations to court.

The Renault - Nissan alliance, underpinned by cross-shareholdings, has wrestled intermittently since its 1999 inception with full merger proposals that have foundered on objections from France, Renault's biggest shareholder.

He then sued the company for «Proposal 2» in Apple's proxy statement, which essentially only allows Apple to issue preferred stock with the approval of shareholders.

We note that, in accordance with Rule 14 (a)-6 (a), Apple was not required to file preliminary proxy materials with the Commission because the matters to be acted on at the meeting are limited to (1) the election of directors, (2) the ratification of accountants, (3) a vote on an advisory resolution to approve executive compensation, (4) the approval of the Plan described above, which is a «plan» as defined in paragraph (a)(6)(ii) of Item 402 of Regulation S - K, and (5) shareholder proposals pursuant to Rule 14a - 8.

Greenlight wants a judge to block a vote on Proposal 2, saying Apple illegally bundled it with two other shareholder reforms.

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 accordance with SEC rules, we have set forth below a shareholder proposal, along with the supporting statement of the shareholder proponent, for which we and our Board accept no responsibility.

For detailed information on the vote required with respect to shareholder proposals and the choices available for casting your vote, please see Frequently Asked Questions About Our Annual Meeting.

His advocacy work includes direct communications with company leadership, investor education and awareness, filing shareholder proposals, and public policy advocacy at the municipal, state and federal levels.

Proposal details: We note how many proposals have been filed in each category, which are now pending, how many have been withdrawn for tactical or substantive reasons after negotiated agreements with companies, and the disposition of challenges to the proposals at the Securities and Exchange Commission (SEC) under its shareholder proposProposal details: We note how many proposals have been filed in each category, which are now pending, how many have been withdrawn for tactical or substantive reasons after negotiated agreements with companies, and the disposition of challenges to the proposals at the Securities and Exchange Commission (SEC) under its shareholder proposalproposal rule.

Ahead of Tesla's annual shareholder meeting in June, stockholder Jing Zhao has submitted a proposal to replace the board's chairman, Elon Musk, with an independent director.

She was half of the team that filed Azzad's first shareholder proposal, which asked Chevron to evaluate the risk of its business partnerships with governments engaged in crimes against humanity, and is participating in an ongoing dialogue with Chevron on that topic.

The firm, created for the sole purpose of lobbying Taseko to replace two directors and give it a say in key company decisions, had no choice: by the meeting's cut - off date for advanced voting, with 50 % of the votes in, shareholders had voted a resounding 94 % against the dissident's proposals.

Further, all proposals submitted for inclusion in the company's proxy statement relating to the 2016 Annual Shareholders» Meeting must comply with all of the requirements of SEC Rule 14a - 8.

Research indicates, for instance, that companies with majority (rather than plurality) voting for directors are more apt to adopt shareholder proposals that garner majority support, and that many chief financial officers are willing to forgo investments in projects expected to be profitable in the longer term in order to meet analysts» quarterly earnings estimates.

Shares that are properly voted by the Internet or telephone or for which proxy cards are properly executed and returned will be voted at the Annual Meeting in accordance with the directions given or, in the absence of directions, will be voted in accordance with the Board's recommendations as follows: «FOR» the election of each of the nominees to the Board named herein; «FOR» the ratification of the appointment of our independent auditors; «FOR» approval, on an advisory basis, of our executive compensation as described in this Proxy Statement; and «AGAINST» the shareholder proposal.

Shareholders who wish to bring business before Walmart's 2014 Annual Shareholders» Meeting other than through a shareholder proposal pursuant to the SEC's rules must notify the Corporate Secretary of our company in writing and provide the information required by the provision of the Bylaws dealing with shareholder proposals.

Shareholder proposals intended for inclusion in our proxy statement for the 2016 Annual Shareholders» Meeting in accordance with the SEC's Rule 14a - 8 under the Exchange Act must be received by our company in the manner described above no later than the close of business on December 24, 2015.

As manager of the firm's Corporate Governance Consulting Group with over 30 years of experience in the field, Bill has guided companies through a wide range of governance and takeover challenges, including contentious shareholder proposals and compensation - based initiatives, proxy contests, tender offers, and other corporate control matters.

Glass Lewis conducted a Proxy Talk to discuss climate change - related shareholder proposals up for vote during the 2018 proxy season with a panel of experts.

L. (Sept. 1, 2014), http://us.practicallaw.com/4-578-4485 [http://perma.cc/8XRK-A4YL](«It appears that ISS negative vote recommendations based on the perceived lack of board responsiveness to shareholder concerns (as evidenced by the failure to implement a successful shareholder proposal) was the leading factor associated with directors who failed to receive a majority of votes cast in an uncontested election in 2014.»)

Shareholder resolutions, also known as shareholder proposals, are an important investor tool typically used when a dialogue with a corporation on a given issue stalls or is unShareholder resolutions, also known as shareholder proposals, are an important investor tool typically used when a dialogue with a corporation on a given issue stalls or is unshareholder proposals, are an important investor tool typically used when a dialogue with a corporation on a given issue stalls or is unproductive.

Last year, a growing number of shareholders demanded more transparency on companies» political spending, with 30 percent of proposals reflecting that expectation.

Investors have filed a record number of shareholder proposals on ESG issues this year, with a focus on climate change and corporate political activity, according to the As You Sow shareholder advocacy group.

A board acting in this capacity and with the knowledge of the company's business and the implications for a particular proposal on that company's business is well situated to analyze, determine and explain whether a particular issue is sufficiently significant because the matter transcends ordinary business and would be appropriate for a shareholder vote.

Thus, in many cases shareholder proposals that have been opposed by over 90 % of shareholders on multiple occasions are allowed to be resubmitted, forcing companies to spend time and money in deciding how to deal with them.

Review and recommend to the Board for approval the frequency with which the Company will conduct «Say on Pay» votes, taking into account the results of the most recent shareholder advisory vote on frequency of Say on Pay votes required by Section 14A of the Exchange Act, and review and approve the proposals regarding the Say on Pay vote and the frequency of the Say on Pay vote to be included in the Company's proxy statement.

The PCAOB held a series of meetings around the country last year to discuss the proposals with accountants, shareholders and other interested parties.

Shares that are properly voted via the Internet, mobile device, or by telephone or for which proxy cards are properly executed and returned will be voted at the Annual Meeting in accordance with the directions given or, in the absence of directions, will be voted in accordance with the Board's recommendations as follows: «FOR» the election of each of the nominees to the Board named herein; «FOR» the ratification of the appointment of our independent auditors; «FOR» approval, on an advisory basis, of our executive compensation as described in this Proxy Statement; and «AGAINST» each of the shareholder proposals.

Institutional Shareholder Services (ISS) has issued a voting recommendation inconsistent with the Board's recommendation on the say on pay proposal.

Shareholder Proposal Entitled Report on Company Membership and Involvement with Certain Trade Associations and Business Organizations

Tatts will have to delay its shareholder vote on its $ 11 billion merger proposal with Tabcorp because of fresh hearings into the deal.

In connection with a shareholder proposal made at the 2012 annual meeting of shareholders, the Company informed its shareholders that the Board had adopted a policy providing for majority voting for the election of directors in uncontested elections and that the Company would take steps to implement majority voting in its Articles and bylaws.

All proposals must comply with Rule 14a - 8 under the Exchange Act, which lists the requirements for the inclusion of shareholder proposals in company - sponsored proxy materials.

Macerich argues that Simon's proposal «substantially undervalues Macerich,» which I guess shareholders agree with, since the stock has traded above the offer price since the deal was announced.

The notice must be submitted by a shareholder of record and must set forth the information required by the Company's bylaws with respect to each director nomination or other proposal that the shareholder intends to present at the 2015 annual meeting of shareholders.

«We will explain how shareholder proposals on environmental, social, and corporate governance matters often raise issues with a direct impact on long - term shareholder value (e.g., effective management of climate change risk or encouraging stronger board oversight and independence).