Siemens shareholders reject proposal to allow virtual AGMs
Portfolio Pulse from
Siemens' board faced a setback as shareholders rejected a proposal to allow future virtual AGMs without physical investor presence.
February 13, 2025 | 5:00 pm
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NEUTRAL IMPACT
Siemens shareholders have rejected a proposal to allow virtual AGMs, which means future meetings will require physical investor presence.
The rejection of the proposal for virtual AGMs indicates a preference for traditional meetings, which may not have a significant immediate impact on stock prices but reflects shareholder sentiment on corporate governance practices.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80