Shareholders of the Toronto - Dominion Bank («TD Bank») and the Royal Bank of Canada («RBC») voted in the last few weeks on
shareholder proposals made to confer additional proxy access rights to shareholders in the nomination of directors to the respective... Continue Reading
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.
Not exact matches
St. Jude plans to state in its proxy that it won't oppose the
proposal and will not
make a recommendation to
shareholders.
St. Jude's board also plans to express that it wants to use this
proposal as an opportunity for
shareholders to express their views without being influenced by any recommendation the board might
make.
You can gauge the interest in responsible investing simply from the increase in
shareholder proposals being filed about ESG issues and the exponential growth in the number of questions being asked by institutional investors, researchers and clients - and as a CEO, I have to
make trade offs that may not be in the best short term profit interest of the Bank but are viewed in our best long term interest.
www.proxyimpact.com The Sustainable Investments Institute (Si2) provides impartial analysis to help institutions
make informed, independent choices on social and environmental
shareholder proposals.
In our statements in opposition, we have not attempted to refute all of the assertions
made about Walmart in the
shareholder proposals.
second, whether a «
proposal seeks to «micro-manage» the company by probing too deeply into matters of a complex nature upon which
shareholders, as a group, would not be in a position to
make an informed judgment.»
I
made the case for pruning the rule in my article Revitalizing SEC Rule 14a - 8's Ordinary Business Exemption: Preventing
Shareholder Micromanagement by
Proposal (March 29, 2016).
Rule 14a - 8 (i)(7) is intended to permit exclusion of a
proposal that «seeks to «micro-manage» the company by probing too deeply into matters of a complex nature upon which
shareholders, as a group, would not be in a position to
make an informed judgment.»
The
shareholder access
proposal likely will
make that search even harder.
Disclose Company's Own Political Spending If a company chooses to use its own funds for direct campaign spending, the issue raised in many
shareholder proposals is whether such corporations should — in addition to the governance procedures noted above — issue a comprehensive report which lists in one place all the recipients both of such direct spending and of contributions
made from the company's employee PAC.
Apple Inc.
shareholders could
make history next year by deciding whether the company should be forced to increase the number of non-white executives and directors, with a vote on a
proposal the iPhone maker has tried to squelch.
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).
Proxy Voting Management Proxy advisory firm ISS updated its proxy voting guidelines last fall to introduce a more detailed approach to the recommendations it
makes on companies» equity plans and
shareholder proposals for an independent chairman.
There are a number of changes that might
make the MediciNova
proposal competitive with the other
proposals we have received and enhance its attractiveness to Avigen's
shareholders.
There is a meeting scheduled for May 24 to discuss the
proposal, but the board has already
made its stance clear, telling
shareholders:
We can see this from Exxon's response to a submission from Milloy that he intends to
make a similar
proposal at Exxon's next
shareholder meeting this May.
Sustainability advocates are trying to
make their voice heard in company boardrooms via
shareholder proposals
Analysis by the law firm confirmed that corporate
shareholder proposals aimed at addressing environmental issues were common in 2016, a trend that will continue to keep the pressure on fossil fuel interests like Chevron and ExxonMobil during the Trump years — and
make it hard for the SEC to avoid addressing the issue.
In January, Shell
made the unusual move of backing a climate
proposal from a group of activist
shareholders.
«There can be no assurance that Dr. Jacobs can or will
make a
proposal, but, if he does, the Board will of course evaluate it consistent with its fiduciary duties to
shareholders.»