CNH Industrial (CNHI) just unveiled an update.
At the annual general meeting on May 3, 2024, the Company saw strong shareholder participation with over 87% of shares represented. Key outcomes included the re-appointment of board directors, approval of the remuneration policy allowing equity awards for non-executive directors, and the adoption of the 2023 Annual Financial Statements. Shareholders also approved a dividend payment, the re-appointment of the independent auditor, and granted the board authorization to issue shares, limit pre-emptive rights, and repurchase shares. Although the CEO announced his resignation effective July 1, the AGM outcomes reflect shareholder confidence in the Company’s governance and strategic financial decisions.
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