Franklin Resources Shareholders Approve Key Proposals

Franklin Resources (BEN) has released an update to notify the public and investors about the submission of matters to a vote of security holders.

At the Annual Meeting, shareholders elected 11 directors to the Board, with all nominees securing their positions by a substantial majority. Additionally, the appointment of PricewaterhouseCoopers LLP as the independent auditor for the upcoming fiscal year was ratified with overwhelming support. Furthermore, the amendment and restatement of the 2002 Universal Stock Incentive Plan received approval, marking a solid endorsement for the company’s future incentive strategies. These decisions reflect shareholder confidence in the company’s governance and strategic financial planning.

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For a comprehensive understanding of the announcement, you can read the full document here.