Proxy vote


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Related to Proxy vote: Proxy server

Proxy vote

Vote cast by one person or entity on behalf of another.

Proxy Vote

At the annual meeting of a publicly-traded company, a vote that a shareholder allows to be cast by another on his/her/its behalf. Proxy votes are relatively common, especially when a shareholder cannot personally attend the annual meeting. Generally, but far from always, a shareholder allows the company's management to have his/her/its proxy vote. This gives the management greater control of the company. See also: Beneficial ownership.
References in periodicals archive ?
Proxy votes are obtained when one or more equity holders irrevocably grant the ability to vote their equity to another equity holder, thereby effectively and legally giving the other equity holder control over the company or companies in question.
Nurses attending the annual meeting may carry up to four proxy votes as well as their own vote.
THE son of a Midland Tory councillor who forged proxy votes in a bid to help his father in an election has been jailed for three months.
Those choosing a proxy vote (someone voting on their behalf) also have to be registered as overseas voters, fill in a similar form and name the person they have chosen to cast their vote.
Proxy votes, which usually happen once a year, give company stock owners the opportunity to vote on various aspects of corporate policy and management.
After a number of phone calls, I was able to use my proxy vote.
A proxy vote is when someone votes on behalf of another.
VOTERS in Tamworth, Lichfield and Cannock are being urged to register for a proxy vote if they expect to be unable to reach a polling station for the County and European Elections on June 4.
ELECTORS in Dudley who want to make changes to their postal or proxy vote arrangements were urged today not to miss the deadline.
And get out of your mind the idea that in some way the pension proxy vote is different from other decisions you make as a fiduciary.