InvestorsHub Logo
Followers 13
Posts 1090
Boards Moderated 0
Alias Born 12/09/2015

Re: None

Thursday, 06/30/2022 8:25:29 AM

Thursday, June 30, 2022 8:25:29 AM

Post# of 32436
And, suppose shareholders have a matter that can’t wait until the next annual meeting? For example, they don’t like the direction that the company has taken, and they want to switch out a few directors? This happens less frequently, usually when an activist investor has gotten involved. At some companies, investors can also schedule a special shareholder meeting, subject to some varied and interesting rules, and a bit of strategy, which we explain here.


We can think of two principal advantages to demanding a special meeting:


1.It allows an investor to accelerate change at a portfolio company, so that you need not wait for the next annual meeting to restructure a BoD or make other changes.

2.It provides a unique strategy in facing off against company management, and allows an investor to demonstrate concrete, significant support for their program without necessarily needing a vote on that program
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GAHC News