Bayer shareholders on Friday cast a vote of disapproval of the German drugmaker&...
BONN - Bayer shareholders on Friday cast a vote of disapproval of the German drugmaker’s top management amid anger over a stock price slump as litigation risks mount from the $63 billion takeover of seed maker Monsanto.
Such a vote, which features prominently at every German AGM, is largely symbolic because it has no bearing on management’s liability or tenure but it is seen as a key gauge of investor sentiment. No incumbent executive board members at companies listed in Germany’s blue-chip index DAX has flunked the vote, meaning receiving an approval vote of less than 50 percent at an AGM. Approval rates above 95 percent are typical results.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bayer shareholders vent ire over Monsanto-linked stock routBayer shareholders vented their anger over its stock price slump on Friday as li...
Lire la suite »
Bayer gets Monsanto profit boost but legal burden mountsGerman drug and farming supplies company Bayer posted a 45 percent gain in quart...
Lire la suite »
Bayer shareholder revolt rests on shame factorBlackRock and others want to punish the German chemicals group for its takeover of Monsanto, which destroyed $33 bln of value. But the likely vote of disapproval is more bad PR than a binding order. It’s a sign of the limits of shareholder activism in Germany.
Lire la suite »
Bayer asks California appeals court to throw out $78 million Roundup verdictBayer AG on Wednesday asked a California appellate court to throw out a $78 mill...
Lire la suite »
BlackRock will not back Bayer management in AGM vote: sourcesFund manager BlackRock will not support Bayer's management in a key vote at...
Lire la suite »
Bayer shareholders vent ire over Monsanto-linked stock routBayer shareholders vented their anger over its stock price slump on Friday as li...
Lire la suite »
Bayer gets Monsanto profit boost but legal burden mountsGerman drug and farming supplies company Bayer posted a 45 percent gain in quart...
Lire la suite »
Bayer shareholder revolt rests on shame factorBlackRock and others want to punish the German chemicals group for its takeover of Monsanto, which destroyed $33 bln of value. But the likely vote of disapproval is more bad PR than a binding order. It’s a sign of the limits of shareholder activism in Germany.
Lire la suite »
RBS bosses braced for shareholder rebellion over pay reportRoyal Bank of Scotland executives are likely to face a grilling from shareholders at its annual general meeting (AGM) Thursday over pension payments for top bosses, including its outgoing CEO Ross McEwan.
Lire la suite »
Bayer asks California appeals court to throw out $78 million Roundup verdictBayer AG on Wednesday asked a California appellate court to throw out a $78 mill...
Lire la suite »
BlackRock will not back Bayer management in AGM vote: sourcesFund manager BlackRock will not support Bayer's management in a key vote at...
Lire la suite »