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On Wednesday, Bausch & Lomb Corporation (NYSE:BLCO) held its Annual Meeting of Shareholders, where several key decisions were made by the company’s stakeholders as detailed in the company’s Proxy Statement.
The shareholders voted on three main proposals. The first was the election of directors, where all nominees were elected to serve on the Board of Directors until the 2026 Annual Meeting of Shareholders. The elected directors are Nathalie Bernier, Gary Hu, Brett Icahn, Sarah B. Kavanagh, Karen L. Ling, John A. Paulson, Russel C. Robertson, Thomas W. Ross, Sr., Brenton L. Saunders, and Andrew C. von Eschenbach. Votes for each director ranged from approximately 337 million for to around 1.9 million against, with approximately 8.3 million broker non-votes each.
The second proposal concerned the advisory vote on executive compensation, which shareholders approved on a non-binding basis. The compensation of the company’s named executive officers as disclosed in the Proxy Statement received 326,901,905 votes for, 11,592,430 against, and 1,047,249 abstentions, with 8,383,437 broker non-votes.
Lastly, the appointment of the Independent (LON:IOG) Registered Public Accounting Firm was approved, with PricewaterhouseCoopers LLP set to hold office until the close of the 2026 Annual Meeting of Shareholders. The decision to appoint them was nearly unanimous, with 346,448,493 votes for and only 1,476,528 withheld.
This report is based on a press release statement and provides a summary of the key outcomes from the Annual Meeting of Shareholders for Bausch & Lomb Corporation.
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