Bank of America (BAC) has shared an update.
During Bank of America Corporation’s Annual Meeting on April 24, 2024, shareholders voted to increase the number of shares available under the Equity Plan by 100 million, providing a significant boost to the company’s stock incentive program. Additionally, they elected all director nominees, endorsed executive compensation, and ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor. However, all proposed shareholder resolutions, including those on politicized de-banking, lobbying alignment with climate goals, and written consent rights, were rejected.
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