CSL's Remuneration Report Receives Second Strike, Board Survives Spill Resolution

MT Newswires Live

Oct 28

CSL (ASX:CSL) said that 42.30% of the votes cast at its annual general meeting on Tuesday were cast against the firm's remuneration report, delivering a second strike, according to a same-day Australian bourse filing.

However, the subsequent conditional board spill resolution received just 1.95% votes in its favor and was not carried.

Over 25% of a firm's shareholders are required to vote against its remuneration report to trigger the first strike. At the next year's annual general meeting, if over 25% of its shareholders again vote against the remuneration report, the company receives another strike, and its shareholders are required to immediately vote on whether to hold a spill meeting to replace the board.

CSL received its first strike in the 2024 financial year.

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At the next year's annual general meeting, if over 25% of its shareholders again vote against the remuneration report, the company receives another strike, and its shareholders are required to immediately vote on whether to hold a spill meeting to replace the board.</p><p>CSL received its first strike in the 2024 financial year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7067","symbol_name":"生物科技","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2578983165","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2578983165","pubTimestamp":1761628222,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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