Fonterra shareholders today voted overwhelmingly in favour of the first two steps of the Co-operative’s new capital structure at the Annual Meeting in Ashburton.
Shareholders passed two special resolutions in support of the first two capital structure steps, both of which required a 75% shareholder vote under the Co-operative’s constitution. Resolution 1 – Strengthening the Share Structure, received an 89% vote. Resolution 2 – Restricted Share Value also received an 89% vote.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment