Celestica (TSE:CLS) has released an update.
Celestica Inc. has announced the successful election of nine management-nominated directors at its Annual and Special Meeting of Shareholders, highlighting a near-unanimous approval for each. In addition, the company received shareholder approval for a significant share reclassification, which involves removing multiple voting shares and re-designating subordinate voting shares as common shares. This move is set to streamline Celestica’s share structure and reflects the company’s continuous evolution.
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