shareholder

Tesla Prevails Over Most Activist Shareholder Proposals

Tesla beat back most proposals by activist investors that sought to pressure the company and its chief executive, Elon Musk, to change the way they treat workers and disclose more about how they lobby government officials. Only one shareholder proposal prevailed, according to preliminary results announced by the company. It will allow large shareholders to …

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New Buyback Tax Will Force Companies to Think Twice on How to Use Cash

In the scrap over how to fund President Joe Biden’s spending plans, the Democrats’ focus has shifted from taxing private funds to public at the last minute. Sen. Kyrsten Sinema (D., Ariz.) backs dropping a proposed tax increase on carried interest income and adding a 1% tax on stock buybacks to the legislation. It means …

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Report: Tencent Wants To Expand Its Empire By Becoming Ubisoft’s Biggest Shareholder

Image: Ubisoft Tencent appears to be doubling down on its investment in Ubisoft. While it already owns 5 percent of the Assassin’s Creed publisher, Reuters now reports the Chinese mega-conglomerate with huge investments throughout the gaming industry has its sights set on becoming Ubisoft’s single biggest shareholder. Its plan for achieving that? Pay double what …

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Tesla investors urged to vote against board members, for shareholder proposals by influential advisory services

Two prominent and influential proxy advisory firms are urging Tesla Inc. investors to vote against the reelection of two board directors, and are recommending they defy the company’s wishes and vote for six out of eight shareholder proposals. Tesla TSLA, +0.04% is facing several employee-related controversies and is caught up in the glare of the …

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