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LAVAL, QUEBEC - Alimentation Couche-Tard Inc. (TSX:ATD), a prominent player in the Consumer Staples Distribution & Retail industry with a strong YTD return of 27%, announced Wednesday that shareholders have elected all 16 director nominees proposed in its management proxy circular during the company’s Annual Meeting of Shareholders.
The convenience store operator reported that most candidates received strong support, with 14 of the 16 nominees securing approval rates above 90%. Stephen J. Harper received the highest level of shareholder support at 99.65%, while Mélanie Kau received the lowest at 72.83%.
Other directors receiving particularly strong shareholder backing included Marie Josée Lamothe (99.62%), Louis Vachon (99.45%), and Monique F. Leroux (99.33%).
The election results come as Couche-Tard continues to operate as a major global player in the convenience and mobility sectors. The company currently maintains approximately 17,300 stores across 29 countries and territories, with about 13,200 locations offering road transportation fuel.
Couche-Tard operates primarily under its well-known Couche-Tard and Circle K banners, with significant presence throughout North America, Europe, and parts of Asia. The company employs approximately 149,500 people across its network.
The announcement was made in a press release statement following the company’s annual meeting held in Laval, Quebec.
In other recent news, Alimentation Couche-Tard reported its Q1 FY2026 earnings, revealing net earnings of $783 million, or $0.82 per diluted share. The company highlighted growth in merchandise and service revenues, which contributed to the positive earnings report. Additionally, Alimentation Couche-Tard expanded its electric vehicle charging network, signaling a focus on infrastructure development. These recent developments indicate the company’s ongoing commitment to diversifying its revenue streams. The earnings announcement drew attention from investors, as reflected in the market’s response. While no specific analyst upgrades or downgrades were mentioned, the earnings report itself was a significant highlight. The focus on expanding services and infrastructure could be of interest to analysts monitoring the company’s strategic direction.
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