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Suncor Energy Shareholders Back Board and Net Zero Plan

Suncor Energy Shareholders Back Board and Net Zero Plan

Suncor Energy (TSE:SU) has released an update.

Suncor Energy recently concluded its Annual General Meeting, witnessing strong shareholder participation with over 68% of outstanding shares represented. Shareholders re-elected eleven board members with overwhelming support, reaffirmed KPMG LLP as auditors, and endorsed the management’s executive compensation approach with an 87.18% approval. Additionally, resolutions opposing Suncor’s Net Zero by 2050 commitment and requiring disclosure of climate transition assessments were soundly rejected by shareholders.

For further insights into TSE:SU stock, check out TipRanks’ Stock Analysis page.

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