Carr’s Group Shareholders Challenge Board Proposals

Carr’s Group plc (GB:CARR) has released an update.

At Carr’s Group plc’s recent Annual General Meeting, significant dissent was observed as approximately 44% of shareholders voted against two key resolutions. The failed resolutions included the authority for the company to buy back up to 10% of its own shares and to reduce the notice period for general meetings from 21 to 14 days. The Board has acknowledged the feedback and emphasized its commitment to maintain an open dialogue with shareholders for future proposals.

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