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Northrop Grumman Shareholders Decide on Key Corporate Proposals
Company Announcements

Northrop Grumman Shareholders Decide on Key Corporate Proposals

The latest announcement is out from Northrop Grumman (NOC).

Northrop Grumman Corporation’s shareholders approved several key proposals at the 2024 Annual Meeting, including the adoption of the 2024 Long-Term Incentive Stock Plan and an amendment to eliminate personal liability of officers for certain breaches of fiduciary duties. Additionally, shareholders elected thirteen directors and ratified the appointment of Deloitte & Touche LLP as the company’s independent auditor. However, proposals regarding the evaluation of the company’s political activities alignment with its human rights policy and the appointment of an independent board chair were not passed. The board is set to consider the shareholders’ feedback on these matters seriously.

For an in-depth examination of NOC stock, go to TipRanks’ Stock Analysis page.

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