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LONDON - Smiths Group plc (LSE:SMIN) announced Wednesday that shareholders approved all 19 resolutions presented at the company's Annual General Meeting held earlier in the day.
The industrial engineering company reported strong shareholder support for most proposals, with all resolutions receiving at least 80% approval. The company's financial reports and accounts were approved unanimously, with 100% of votes cast in favor.
The declaration of a final dividend also received unanimous approval from voting shareholders. The Directors' Remuneration Report was endorsed by 96.27% of votes.
Among the board elections and re-elections, Pam Cheng received the highest approval rating at 99.99%, while Steve Williams secured the lowest support at 80.64%, with 19.36% of votes cast against his re-election.
Shareholders also approved the re-appointment of KPMG LLP as auditors with 99.96% support, and granted the company authority to make market purchases of shares with 99.99% approval.
The company noted that approximately 73.8% of its total voting rights participated in the meeting. As of November 17, Smiths Group's issued share capital consisted of 325,109,303 ordinary shares, each carrying one vote.
Smiths Group describes itself as an industrial engineering company focused on the energy, industrials and construction markets, employing approximately 16,000 people across more than 50 countries.
This information is based on a regulatory news statement released by the company following its Annual General Meeting.
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