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Showing 1 - 10 of 2395 results for "Shareholders"

Sequoia chief's job at stake in upcoming EGM

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
... to remove chief executive and managing director Garry Crole. Sequoia was earlier this month informed by a group of shareholders, that collectively hold at least 5% of the voting shares, of their plan to propose resolutions at a general meeting to remove ...

Platinum announces strategic review

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... them and improve where we can, and then we will be well on the way to revitalising Platinum for our clients and our shareholders." The overhaul will come in two phases; the reset phase will take place over the next four months, while the growth phase ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
Link Group shareholders have voted in favour of the proposed acquisition by MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank). MUFG made the $1.2 billion takeover bid in December last year. MUFG will pay $2.26 cash for every ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... global equity income Ben Lofthouse said many companies use buybacks as a release valve to return excess capital to shareholders without setting expectations for dividends that might not be sustainable long term. "This is especially appropriate in cyclical ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... risk and opportunities over the short, medium and long term, in the best financial interests of the entity and its shareholders." Longo said ASIC will develop and issue regulatory guidance on climate-related financial disclosures that will include a ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... banking offering in a bid to address funding constraints and diversify the revenue and customer base. At the AGM, shareholders approved adopting the remuneration report, as well as AMP chief executive Alexis George's long-term incentive for 2024. ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
In an annual letter to shareholders, J.P. Morgan chief executive Jamie Dimon expressed concern about the "undue influence" of proxy advisors, particularly ISS and Glass Lewis. Dimon said asset managers and institutional investors should base their voting ...

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... (CQR) bought the 14.8% stake in Hotel Property Investments (HPI) from 360 Capital Group. They are now the largest shareholders in HPI. "HPI's assets are complementary to CHC and CQR's portfolio of convenience net lease retail assets and the acquisition ...

GQG builds private markets unit on PAC stakes

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... basis, with the potential for further cost savings as the PAC operating model continues to simplify," PAC said. PAC shareholders will need to approve the externalisation and acquisition at an extraordinary general meeting (EGM) in April. Perpetual and ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... and trustee get paid ahead of unitholders. "This situation impacted our business, our portfolio companies, their shareholders and staff, and even the residents of Mission Beach who agreed to sell us their homes. Mayfair 101 and all our lenders deserve ...
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