Sentences with phrase «shareholder proposals calling»

The other big change involves shareholder proposals calling for an independent chair.

Not exact matches

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.

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.

[1] SEC Rule 14a - 8 — the so - called shareholder proposal rule — is a central tool for accomplishing that goal.

In recent years, however, shareholders have increasingly used SEC Exchange Act Rule 14a - 8 (the so - called shareholder proposal rule), to not just manage but even micromanage corporate decisions.

The proposal, submitted by Jing Zhao of Concord, California, argues Tesla shouldn't be an exception to what the individual shareholder called the «prevailing practice» in markets including the U.K..

Similar proposals, also called «Aiming for A,» received well over majority support at a handful of European companies where they were submitted in 2015, due in large part to the fact that in each case the board recommended shareholders vote in favor.

On April 7 Glass Lewis hosted a Proxy Talk conference call to discuss shareholder proposals relating to the environment that shareholders will vote on at companies in 2016, including proposals submitted at three energy companies -LSB-...]

In its paper, the BPP Group raises a number of concerns regarding the hard regulatory approach suggested by the Directive proposals and calls upon the European Commission, Parliament and national governments to support the proportionate, principles - based approach to service supplier oversight overwhelmingly supported by shareholders that is embodied in the Best Practice Principles for Shareholder Voting Research & Analysis, stating that «unwarranted or disproportionate legislation may inhibit the provision of independent information and services that assist investors in the exercise of the very rights and responsibilities that the Directive aims to foster and support.»

His measure calls for a share buyback and is in the form of a precatory proposal, which means that even if a majority of Apple shareholders approved, it would not be binding on the company's management.

«The board and I remain confident in our ability to generate shareholder value in excess of Gannett's opportunistic proposal through a focused execution of our strategy,» Tribune Publishing CEO Justin Dearborn said during an earnings call Wednesday afternoon.

Call My Lawyer — The gist of the Davidoff article is that shareholder proposals are costing companies so much money.

Twitter is a public company, which raises an issue that has often puzzled me: Why don't conservative activists use SEC Rule 14a - 8 (the so - called shareholder proposal rule) to put proposals on corporate proxy statements?

Typically, calls are held so the participants (e.g., company representatives, directors, dissidents and shareholder proposal proponents) have an open forum to provide further rationale on specific issues.

These so - called «broker non-votes» will be included in the calculation of the number of votes considered to be present at the meeting for purposes of determining a quorum, but will not be considered in determining the number of votes necessary for approval and will have no effect on the outcome of the vote for Directors, the advisory vote on executive compensation, the amendment of the Restated Certificate of Incorporation and the shareholder proposals.

In the unlikely event of a delayed meeting of stockholders beyond the anticipated late October or November 2009, Mr. Tombar may acquire a sufficient number of additional shares of Aspen's stock or contact other shareholders with the intent of calling a special meeting to consider shareholder proposals and the election of new directors to the board of the corporation.

Unless we hear from you by Friday, December 19, 2008, that you intend either to take the actions urged above or call a Special Meeting of the stockholders as urged above, then we intend to submit and vigorously pursue shareholder proposals for your next annual meeting.

This policy states that it will «support social, workforce and environmental proposals that promote «good corporate citizenship» while enhancing long term shareholder and stakeholder value and proposals that call for more detailed and comparable reporting of a company's social, workforce and environmental performance».

At more than 90 companies, investors and public pension funds that control more than $ 1trn (# 503bn) in shares have filed proposals calling for a non-binding vote for shareholders on executive pay, according to Walden Asset Management.

And those shareholders are calling for change, with a couple of proposals they hope will end up on the ballot at the company's shareholder meeting this year.