Not exact matches
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.
Sky - high CEO compensation emerged as an
issue again in 2015, after say - on - pay
votes resulted in
shareholders rejecting proposed compensation plans at both CIBC and Barrick Gold.
Under applicable TSX rules, the transaction also requires the approval of Loblaw
shareholders by majority
vote, as the number of Loblaw common shares to be
issued in the transaction exceeds 25 % of the total number of outstanding Loblaw common shares.
Yet the area is one that has attracted interest from Russia's private sector as well, including its central securities depository which began testing blockchain proxy
voting - allowing
shareholders to
issue votes on corporate decisions - last year.
Depending on the type of stock purchased, a
shareholder is also entitled to one
vote per one stock on company management
issues decided at the company's annual
shareholder meeting.
One of the measures would require a
shareholder vote before the company could
issue a special class of stock.
The move to change the rules around
issuing such stock upset Einhorn, who went public with the dispute and filed a lawsuit to block the
vote, scheduled for Apple's annual
shareholder meeting Feb. 27.
«There should not be unequal
voting rights as they could allow management or minority share owners to override the wishes or best interests of majority
shareholders for personal benefit and compromise accountability, leading to potential entrenchment
issues,» Mary Leung, head of advocacy for Asia at CFA Institute, an association of investment professionals, said in a statement.
Such conversations can reveal which
issues your
shareholders actually care about — maybe board diversity isn't even on their radar, and won't be a deal - breaker come
vote time.
Insights on key
issues, proxy
votes and
shareholder advocacy from the California State Teachers» Retirement System, Ceres, ICCR, Sustainable Stock Exchange, Nathan Cummings Foundation, Trillium Asset Management, As You Sow, Walden Asset Management, Center for Political Accountability, AFSCME, Arjuna Capital, Miller / Howard, Oxfam, Calvert, ClearBridge, Green Century, UAW, Mercy Investments, Sisters of St. Francis, Azzad Asset Management, International Campaign for Rohingya, Responsible Sourcing Network, Sustainable Investments Institute, Proxy Impact, and more.
One of Walden's priority
issues is Board diversity pursued through letters, company dialogues,
shareholder resolution and proxy
voting.
The affirmative
vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to
vote on the proposal at
issue is required for: (i) the ratification of the appointment of E&Y as Walmart's independent accountants for fiscal 2014; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Management Incentive Plan, as amended; and (iv) the adoption of each of the
shareholder proposals.
These shares usually have less
voting rights than the Class A Shares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most
voting rights and when they are
issued to the
shareholders.
Last month, it gave Listed an update, noting, «The CSA has heard concerns about the role of proxy advisers in influencing
shareholder voting and has solicited formal feedback on this
issue.
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.
At any meeting at which a quorum has been established, the affirmative
vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to
vote on the proposal at
issue is required for: (i) the ratification of the appointment of EY as Walmart's independent accountants for fiscal 2016; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Stock Incentive Plan of 2015; and (iv) the adoption of each of the
shareholder proposals.
Full proxy service providing proxy
voting guidelines, electronic proxy
voting and proxy
vote reporting, proxy
vote consulting,
shareholder engagement and advocacy services on social and environmental
issues.
He is also the author of several IGOPP policy papers, which offer new perspectives on a range of controversial
issues including: Dual - class
voting shares, Corporate Citizenship, The place of women on boards of directors, Say - on - Pay by
shareholders, The Gordian knot of executive compensation, The Troubling Case of Proxy Advisors, among others.
It also offers insider details from
shareholder advocates and
issue experts, as well as resources for how institutional investors with a social mission can better align their values with their
votes, with a sharp eye on the financial bottom line.
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.
Institutional
Shareholder Services (ISS) has
issued a
voting recommendation inconsistent with the Board's recommendation on the say on pay proposal.
Tesla's board is recommending that
shareholders vote against the proposal, saying lead independent director Antonio Gracias protects the company against any potential governance
issues arising from having a non-independent chairman.
Employee stock ownership under ESOPs gives workers confidential
voting rights on major corporate
issues, so that they have some formal corporate governance rights in closely held corporations, and in stock market companies, employee owners have the same rights as other public
shareholders.
And finally, we will argue that sometimes
voting support is modest in early years but later garners significant
shareholder backing as knowledge about an
issue accumulates.»
There are many other tactics shareowners use as levers including, investor statements endorsed by a broad group of institutional investors; direct outreach to other
shareholders; proxy
voting services; and other investment advisors to gain support for specific
shareholder proposals; and, outreach to consumers and the press as a way to draw public attention to an
issue or a company.
As UK companies prepare to resubmit their pay policies to binding
shareholder votes in 2017, updated reporting guidance provides insight into the
issues that are driving investor
voting.
At last year's annual meeting, the company's advisory
vote on executive compensation failed to receive majority support from
shareholders, with approximately 29 % of
shareholders supporting the proposal; however this was just one of the
issues the company faced in the past year.
Si2 provides overview reports on the main environmental, social and governance
issues raised by activist
shareholders in their proposals to companies, as well as impartial breakout reports on the proposals awaiting
votes at companies.
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.
On May 3,
shareholders of Canada's largest food retailer will be asked to
vote on an important
issue.
Courteney Keatinge oversees Glass Lewis» research and
vote recommendations for
shareholder proposals and covers research on major environmental and social
issues in all major markets.
Most of the time being a
shareholder would give you
voting rights on
issues within the corporation.
In its release, Magna said the
vote was «impacted» by the
voting recommendation
issued in April by ISS Proxy Advisory Services, which recommended
shareholders withhold their
votes for the three directors because of the way they handled the buyout deal with Mr. Stronach.
When TSLA and SCTY
shareholders vote on the proposed merger on November 17, investors need to question whether this merger is just another promise by Musk to distract from larger
issues facing both companies.
More recently, in In re NYSE Euronext
Shareholders Litigation, then - Chancellor Strine of the Delaware Court of Chancery, in a bench ruling following oral argument, declined to
issue a preliminary injunction on a stockholder
vote to approve the proposed merger between NYSE Euronext («NYSE Euronext») and IntercontinentalExchange, Inc. («ICE»).
American Bar Association, Corporate Governance Section Webinars, «Hot
Issues for the 2011 Proxy Season,» February 23, 2011; and «Say on Pay
Votes for 2011 Annual
Shareholder Meetings: Will it be a Big Deal?
RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «Company»), a global leader in the production and marketing of value added products derived from rice bran, today announced that Institutional
Shareholder Services Inc. («ISS»), the nation's leading independent proxy advisory firm, has
issued a report recommending that RiceBran Technologies
shareholders vote on the WHITE proxy card «FOR» the election of ALL the Company's director nominees — W. John Short, Marco V. Galante, David Goldman, Baruch Halpern, Henk W. Hoogenkamp, Robert C. Schweitzer and Peter A. Woog — at RiceBran Technologies» Annual Meeting of Shareholders (the «Annual Meeting») on Ju
shareholders vote on the WHITE proxy card «FOR» the election of ALL the Company's director nominees — W. John Short, Marco V. Galante, David Goldman, Baruch Halpern, Henk W. Hoogenkamp, Robert C. Schweitzer and Peter A. Woog — at RiceBran Technologies» Annual Meeting of
Shareholders (the «Annual Meeting») on Ju
Shareholders (the «Annual Meeting») on June 22, 2016.
IVIS does not provide
voting advice to investors, but indicates concerns through a colour code system: Red top: Matter of serious concern; breach of guidelines Amber top:
Issue for
shareholder judgement Blue top: No areas for major concern
Target has ceded the
issue to its
shareholders, and asserted that because the change has been approved by a majority of the board of directors, it now only needs the affirmative
vote of the majority of the outstanding shares of Target common stock
voting at a meeting where the quorum requirement is met.
This Proposal (scheduled for
shareholder vote on February 22nd) would give the Company the ability to
issue 12,500,000 millions shares of Class A Common Stock under their Form S - 3 covering the sale of up to $ 30,000,000 of securities.
Like creditors that provide debt financing without having control over company operations, preferred
shareholders are also granted no
voting rights over management
issues.
The date (as of close of business) on which a
shareholder must own fund shares in order to receive a declared dividend or capital gain distribution, or to
vote on fund
issues in a proxy or
shareholder meeting.
Thus,
issuing (
voting) shares means either the current
shareholders reduce their proportion of owernship, or the company reissues stock it held back from a previous offering (in which case it no longer has that stock available to
issue and thus has less ability to raise funds in the future).
Shareholders vote on critical
issues, such as mergers and acquisitions, and elect directors to the board.
This is still a live
issue today with «say on pay,»
voting rules on directors,
shareholder proposals, splitting the role of CEO and Chairman, etc..
Each share class represents an interest in the same assets of the Funds, has the same rights and is identical in all material respects except that (i) each class of shares may be subject to different (or no) sales loads, (ii) each class of shares may bear different (or no) distribution fees; (iii) each class of shares may have different
shareholder features, such as minimum investment amounts; (iv) certain other class - specific expenses will be borne solely by the class to which such expenses are attributable, including transfer agent fees attributable to a specific class of shares, printing and postage expenses related to preparing and distributing materials to current
shareholders of a specific class, registration fees paid by a specific class of shares, the expenses of administrative personnel and services required to support the
shareholders of a specific class, litigation or other legal expenses relating to a class of shares, Trustees» fees or expenses paid as a result of
issues relating to a specific class of shares and accounting fees and expenses relating to a specific class of shares and (v) each class has exclusive
voting rights with respect to matters relating to its own distribution arrangements.
Institutional
Shareholder Services («ISS»)
issued its unbiased well - researched report publicly recommending a
vote against the merger.
Because it is the time of year when most companies send out their annual reports and ask their
shareholders to
vote on various
issues.
Shareholder privileges usually include voting rights on issues that require shareholder approval and electing the directors of
Shareholder privileges usually include
voting rights on
issues that require
shareholder approval and electing the directors of
shareholder approval and electing the directors of the entity.
The trustee is considered the
shareholder and
votes the shares (including for board elections), unless the company passes through
votes to employees (there are a few required pass through
issues, but they rarely come up).