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IBM Corp | 8-K: Voting Results of the 2024 Annual General Meeting of Shareholders

SEC announcement ·  May 4 04:58
Summary by Futu AI
IBM Corp held its Annual Meeting of Stockholders on April 30, 2024, as detailed in a Form 8-K report filed with the SEC. The meeting included the election of directors, ratification of the appointment of an independent registered public accounting firm, and votes on several management and stockholder proposals. All directors were elected for a one-year term with varying degrees of shareholder support. The appointment of the accounting firm was ratified with 94% approval. The advisory vote on executive compensation (Say on Pay) received 92.2% approval. However, stockholder proposals on public reports on lobbying activities, congruency in China business operations and ESG activities, the right to act by written consent, climate lobbying, and the adoption of greenhouse gas emissions targets did not pass, with the majority of shareholders voting against them. The results reflect shareholder sentiment on corporate governance and social responsibility issues. IBM encourages investors to visit its website for updated and new information.
IBM Corp held its Annual Meeting of Stockholders on April 30, 2024, as detailed in a Form 8-K report filed with the SEC. The meeting included the election of directors, ratification of the appointment of an independent registered public accounting firm, and votes on several management and stockholder proposals. All directors were elected for a one-year term with varying degrees of shareholder support. The appointment of the accounting firm was ratified with 94% approval. The advisory vote on executive compensation (Say on Pay) received 92.2% approval. However, stockholder proposals on public reports on lobbying activities, congruency in China business operations and ESG activities, the right to act by written consent, climate lobbying, and the adoption of greenhouse gas emissions targets did not pass, with the majority of shareholders voting against them. The results reflect shareholder sentiment on corporate governance and social responsibility issues. IBM encourages investors to visit its website for updated and new information.

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