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TORONTO - Franco-Nevada Corporation (Market cap: $32.35 billion) has confirmed the election of its board of directors at the 2025 Annual and Special Meeting of Shareholders. The meeting, which took place yesterday, involved both in-person attendance and online participation through a webcast.
The voting results for each nominee were as follows: David Harquail received 97.47% votes in favor, Paul Brink had a near-unanimous approval with 99.79%, Tom Albanese garnered 97.32%, and Hugo Dryland achieved the highest percentage of votes for with 99.96%. Derek W. Evans had the lowest approval at 90.45%. Other nominees, including Dr. Catharine Farrow, Maureen Jensen, Jennifer Maki, Daniel Malchuk, and Jacques Perron, also received high percentages of votes for, ranging from 98.33% to 99.95%.
Franco-Nevada Corporation, recognized as a leading gold-focused royalty and streaming company, maintains a diversified portfolio of cash-flow producing assets. The company’s business model is designed to provide investors with exposure to the gold market and potential exploration benefits while minimizing the risks associated with cost inflation. With impressive gross profit margins of 89.17% and a 17-year track record of consecutive dividend increases, Franco-Nevada emphasizes that it carries no debt and utilizes its free cash flow to both grow its portfolio and distribute dividends to its shareholders. According to InvestingPro analysis, the company maintains a "Good" financial health score, with 12+ additional insights available to subscribers.
The corporation is publicly traded under the ticker FNV on both the Toronto and New York stock exchanges, currently trading near its 52-week high. Detailed valuation analysis and Fair Value estimates are available through InvestingPro’s comprehensive research reports, which provide deep-dive analysis of 1,400+ top stocks.
The information reported is based on a press release statement issued by Franco-Nevada Corporation.
In other recent news, Franco-Nevada Corporation reported impressive financial results for the first quarter of 2025, exceeding analyst expectations. The company achieved an earnings per share (EPS) of $1.09, surpassing the forecasted $0.96, and generated revenue of $368.4 million, which also exceeded the anticipated $311 million. This performance marked a 43% year-over-year increase in revenue, driven by higher prices for gold and silver. Despite these strong financial metrics, Franco-Nevada’s stock experienced a decline during regular trading. The company remains debt-free with substantial available capital, highlighting its strong financial position. In other developments, Franco-Nevada recently completed a $500 million acquisition of a stream on Savanna Stillwater’s Western Limb mining operations and closed a $300 million royalty acquisition with Discovery Silver. The company anticipates generating 47% of its annual revenue in the first half of the year, with the remaining 53% expected in the second half. Looking ahead, Franco-Nevada is focused on acquiring high-quality royalty and streaming assets while maintaining a sustainable and progressive dividend strategy.
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