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 ?
In some cases electors 'unwittingly gave away their right to vote in person, having been tricked into authorising someone to cast a proxy vote on their behalf'.
Nurses attending the annual meeting may carry up to four proxy votes as well as their own vote.
In some cases, a petitioner may seek to establish control based on the use of proxy votes. 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.
Applications for a proxy vote form can be downloaded at www.yourvotematters.co.uk/how-do-i-vote/voting-by-proxy The council said it had not been possible to send polling cards earlier than this week.
On this day, emergency proxy vote applications and issue of replacement spoilt or lost postal ballot papers will also take place.
Some members of the local party have been concerned that Mrs Reeves has been visiting housebound members who won't be able to attend the selection meeting in person and helping them sign proxy votes for use when the candidate is chosen.
This move comes in the wake of a proxy vote by activist investor Bill Ackman, head of Pershing Square Capital Management, and the single largest CP shareholder with a 14.1 percent stake in the company.
Valerie Stephenson, team leader of South Tyneside council's elections and registration service said: "Now is the time to make sure you are registered to vote before the deadline on April 14, and to apply for a postal or proxy vote."
Creditors unable to attend a meeting to vote on an insolvency, be it bankruptcy or administration, have the right to use their proxy vote to get their voice heard, but as many as 90 per cent of them do not do so.
REGISTER YOUR PROXY VOTE BEFORE 11:00am (WST) SATURDAY 22 JANUARY 2011
Ali Munir, of Thorpe Road, Caldmore, Walsall, pleaded guilty to two charges of applying for a proxy vote as some other person, at Birmingham Crown Court.
If you want to apply for a postal or proxy vote, you also have until April 20.