BUZZ-Scully Royalty ends higher after MILFAM seeks board overhaul

Reuters

2025/11/29

BUZZ-<a href="https://laohu8.com/S/SRL">Scully Royalty</a> ends higher after MILFAM seeks board overhaul

** Shares of iron ore royalty company Scully Royalty SRL.N closed up 20% at $6.73

** Family investment firm MILFAM late Wednesday unveiled plans to seek a board overhaul at SRL

** MILFAM plans to nominate five directors to SRL's board at December 27 annual general meeting, according to the SEC filing

** It is nominating Jerrod Freund, Mark Holliday, Alan Howe, Nimesh Patel, and Skyler Wichers for election to SRL board

** Also engaging in preliminary discussions with other shareholders of SRL regarding its proposal to remove existing board members

** MILFAM holds 13.2% stake in SRL, making it the third-biggest shareholder, according to data compiled by LSEG

** As of last close, SRL down 27.3% YTD

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))

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02:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-<a href=\"https://laohu8.com/S/SRL\">Scully Royalty</a> ends higher after MILFAM seeks board overhaul</title></head><body><p>** Shares of iron ore royalty company Scully Royalty <span>SRL.N</span> closed up 20% at $6.73</p><p>** <span>Family investment firm MILFAM </span>late Wednesday unveiled plans to seek a board overhaul at SRL</p><p>** MILFAM plans to nominate five directors to SRL's board at December 27 annual general meeting, according to the SEC filing</p><p>** It is nominating Jerrod Freund, Mark Holliday, Alan Howe, Nimesh Patel, and Skyler Wichers for election to SRL board </p><p>** Also engaging in preliminary discussions with other shareholders of SRL regarding its proposal to remove existing board members </p><p>** MILFAM holds 13.2% stake in SRL, making it the third-biggest shareholder, according to data compiled by LSEG</p><p>** As of last close, SRL down 27.3% YTD</p><p>(Reporting by Pragyan Kalita in Bengaluru)</p><p>((Pragyan.Kalita@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4127","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251128:nL4N3X40Z1:1","article_id":"2587773453","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2587773453","pubTimestamp":1764354378,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Scully Royalty ends higher after MILFAM seeks board overhaul** Shares 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