Shareholders Monthly archive

Apr 13, 2020
How boards can evaluate stock buybacks during Covid-19 crisis
The Tax Cuts and Jobs Act of 2017 sparked an unprecedented increase in corporate stock buyback programs as companies sought to use their newly realized cash savings from reduced corporate tax rates to increase stockholder value. A little more than two years since the passage of that legislation, companies are facing another unprecedented event with the Covid-19 pandemic, which will have a much different and more significant impact on their businesses and balance sheets....
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Apr 09, 2020
Walmart shareholders to vote on employee board representation
Walmart shareholders will vote on a measure looking to add employee representation to the company’s board at a time when such ideas are gaining some political traction in Washington, DC. Cynthia Murray, a Walmart associate, has filed the proposal to be voted on at the company’s annual meeting on June 3. It aims to ramp up the representation of employe...
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Apr 08, 2020
Investor group wants focus on stakeholder value during pandemic
A group of 251 long-term investors representing more than $6.4 trillion in assets under management has urged issuers impacted by Covid-19 to introduce measures that contribute to maintaining economic health and minimizing downside risk as the pandemic continues to spread around the world. In an open letter from the Interfaith Center on Corporate Responsibility (ICCR), the signatories – led by Domini Impact Investments, the New York State Comptroller and ICCR – u...
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