Shareholder Vote

(redirected from Shareholder Votes)

Shareholder Vote

An election in a corporation in which all shareholders may participate. Shareholder votes are most often associated with electing directors and setting company policies at the annual meeting of shareholders. In order to be able to vote, one must hold voting stock. The right to vote gives the holder of voting stock a great deal of control over the company.
References in periodicals archive ?
if a tally of shareholder votes shows support for the deal.
The Special Meeting of Shareholders originally held on January 14, 2000, was adjourned without action on the proposals because of lack of sufficient number of total shareholder votes.
From this year, we can get the results of shareholder votes in an annual shareholders meeting by mandatory disclosure.
This year's proxy season started with an enormous bang when more than 45 percent of shareholder votes cast at The Walt Disney Co.
The recount is crucial to Home Savings, because if the company's proposals receive a majority of shareholder votes, that would force Great Western to consider Ahmanson's hostile bid.
The preliminary tabulation of shareholder votes at the meeting was as follows:
In response to suggestions that certain shareholder votes regarding director elections be excluded from the foregoing count, the company said: "Under stock exchange rules, if shareholders who hold their shares with a broker do not tell the broker how to vote the shares, the broker can vote on the shareholders' behalf.
According to PCA's trustees, the proposal to open-end and merge PCA into this other fund would give shareholders approximately 99% of their net asset value, per share, if the proposal musters enough shareholder votes.
SAN DIEGO -- Unico, Incorporated (OTCBB:UNCN) today announced that the company has filed a new 14A Definitive Proxy Statement with the Securities and Exchange Commission requesting shareholder votes on a proposal for the Company to withdraw election to be treated as a Business Development Company pursuant to Section 54(c) under the Investment Company Act.
IntriCon believes that the delay in receiving shareholder votes was due to its recent name change from "Selas Corporation of America.
Gregory, citing the board of directors' failure to adopt several corporate governance reform proposals that won majority shareholder votes in 2003.