Shareholder Vote

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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 ?
In a contested election, the preliminary tabulation of Stockholder votes indicates that the three incumbent Directors up for re-election received a significant majority of the total votes cast for all six nominees, but the vote is a few percentage points short of the required majority of all outstanding shares.
Mark Nelson, President and Chief Executive Officer of the Company stated that the meeting was being adjourned because the Company had inadvertently omitted to file with the Securities and Exchange Commission a letter containing a solicitation of stockholder votes at the meeting.
Nasdaq:SEBL), a leading provider of eBusiness applications software, today announced the preliminary results of stockholder votes cast at the company's 2003 annual meeting.
Although a majority of the proxies returned have been against the proposed transaction, additional stockholder votes are required to reach the required majority quorum for the meeting.
3, 1998 to allow time to receive sufficient stockholder votes on the proposals relating to the merger agreement with IXYS Corporation.
NASDAQ:PRDM) announced on August 5, 1998 that it had convened and then adjourned its Annual Stockholders Meeting until August 10, 1998 to allow time to receive sufficient stockholder votes.
The stockholder votes were taken at special meetings of stockholders held in Rutland, Vermont for Vermont Financial Services Corp.