Sentences with phrase «with shareholders voting»

Climate change remained a prominent theme throughout the five - hour meeting, culminating with shareholders voting nearly 99 percent in favour of a resolution that will force Shell to consider the possibility of a 2 °C world in its forecasting.

Under the text that they adopted, the «ex-ante» vote would only be required to take place at least every four years rather than annually, with shareholders voting on a special board report setting out the principles and criteria of determination, distribution and allocation of pay components.

With the shareholder vote coming up next week on Broadcom's slate of directors at resistant takeover target Qualcomm, both sides are highlighting signs of momentum.

Also, sales are recorded in real time, which minimizes inefficiencies with shareholder votes and dividend payments.

Ct. 2015), Mr. Bruckner and the Corporate Governance team caused the North State Bancorp merger agreement to be amended to provide a «majority of the minority» provision for common shareholders in connection with the shareholder vote on the merger.

Treasury Wine's annual meeting is usually held in late October but was rescheduled months ago on the expectation it would coincide with a shareholder vote on one of the two private equity takeover proposals the company had received.

May 1, 2014 Wintergreen Advisers sent a letter to Coca - Cola's Board of Directors and Warren Buffett raising questions about the actions of Coca - Cola Chairman and CEO Muhtar Kent, Director Howard Buffett and Director Maria Elena Lagomasino, and statements made by the company in connection with the shareholder vote on the Coca - Cola 2014 equity plan.

Not exact matches

They must either accept his bid to buy out shareholders for $ 13.65 (or about $ 24 billion), or vote it down, forcing Dell and his backers into an even more protracted battle with activist shareholder Carl Icahn.

Late last week, nearing the Friday 10 a.m. shareholder vote that was supposed to determine Dell's future — a vote Michael Dell was widely predicted to lose — the founder swooped in with minutes to go and put a new, more lucrative offer on the table.

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.

To deal with the few obstinate holdouts, Brookings Institution fellow Robert Pozen has suggested making the second year's «say on pay» vote after a shareholder's revolt into a binding resolution.

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.

The creditors of Atlas Iron have voted in favour of the iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next week.

Tap Oil shareholders have lodged a big protest vote, with more than 35 per cent of votes cast against three resolutions at today's annual meeting, with dissident shareholder Chatchai Yenbamroong accounting for a large share of the opposition.

Over the past week, two advisory firms recommended TMX Group shareholders vote in favour of the proposed merger with the London Stock Exchange on June 30, and reject the rival takeover offer from the Maple Group.

The official vote tally was announced before a packed room of 300 in a Tampa, Florida, office park, after an often - contentious two hour meeting that was no frills this year with no food or drink was provided for shareholders.

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.

The day before shareholders voted 99.8 % in favour of the merger, Canadian Business sat down for an exclusive interview with the power brokers behind Bay Street's most recent high - profile partnership to discuss the deal, investment banking, the economy and life on the Street.

Qualcomm's second dismissal of Broadcom's approach puts the focus on a March 6 shareholder vote on whether to replace the smartphone - chipmaker's board with Broadcom's own nominees.

He's still going to have to deal with lawsuits shareholders filed against the Tesla - SolarCity merger prior to the vote.

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

Nabors shareholders also sent a strong rebuke against the company's governance practices with a majority vote against one of its two director nominees, Myron M. Sheinfeld.

As with many all - stock mergers, T - Mobile and Sprint have decided there is no need to give their minority shareholders a vote on the deal, the sources said.

In what is perhaps the company's most valuable public vote of confidence, Berkshire Hathaway CEO Warren Buffett called AmEx an «excellent business» with managers that are «talented and shareholder - oriented» in his 2016 annual report to shareholders.

«We are very pleased that Glass Lewis is recommending EMC shareholders vote «FOR» the proposed merger with Dell,» EMC CEO Joe Tucci said in a statement.

But when shareholders vote down a pay package, companies will often sit down with major shareholders — which in Cheniere's case includes Soroban Capital Partners and PointState Capital — and consult with them on how to change their pay practices.

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.

And it shows Harris and two other directors — Louis Lataif and Donald Resnick — were named to the board with the approval of less than 40 % of the eligible voting shareholders.

«It is entirely possible for companies not to have a PSC (person of significant control), For example, 4 shareholders with 25 % of the shares each, and 25 percent of the voting rights, none of them is a PSC.»

Shareholders will also get negligible voting rights with the stock.

Nevertheless, Bombardier illustrates everything wrong with multiple voting shares, a concept that makes it possible for intransigent owners to destroy shareholder value while leaving investors no way to push for changes.

By Monday morning, the NBA will have crowned a champion and Facebook's shareholders will be gathering for the company's annual meeting, with votes concerning Mark Zuckerberg's majority voting control planned.

Sprint shareholders are due to vote on Sprint's agreement with SoftBank at a June 25 meeting.

How shareholders will vote — either with DuPont or its rival, activist hedge fund Trian Fund Management — will come down to how well they believe DuPont has performed under Kullman, who got the job at the start of 2009.

Unless a legal challenge occurs, the next step in the process is in the hands of Home's shareholders, who will vote on the proposed merger with StateWest on Monday November 28.

Walt Disney Co shareholders rejected an executive compensation plan that could reward Chief Executive Officer Bob Iger with up to $ 48.5 million a year over four years plus an equity grant worth about $ 100 million, in a non-binding vote on Thursday.

Mr. Redstone, 92 years old, is the controlling shareholder of Viacom and CBS Corp. with nearly 80 % voting stakes in each company.

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.

Akorn shareholders overwhelmingly voted to approve the merger a few months later and said in February that it does not believe this investigation should affect the closing of the transaction with Fresenius.»

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.

Mr. Gracias is a shareholder and director of Valor Management Corp., and may be deemed to have shared voting and investment power with respect to the shares held of record by VEM II.

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.

Long's declaration claims there has been a groundswell of shareholders seeking to change their votes since Greenlight went public with its dispute.

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.

TORONTO (Reuters)- Proxy advisory firm ISS said on Thursday it recommends that TMX Group shareholders vote in favor of a proposed combination with the London Stock Exchange.

«Today, after welcoming its new directors Ursula Burns and John Thain, the Board voted unanimously to move forward with the proposed investment by SoftBank and with governance changes that would strengthen its independence and ensure equality among all shareholders,» the board said in a statement to TechCrunch.

«We recommend shareholders take the bird in hand and vote for the proposed merger - of - equals with the LSE,» the firm said.