Disney shareholders vote on board members and proposals

Published 24/03/2025, 21:34
© Reuters

BURBANK, CA – Entertainment giant The Walt Disney Company (NYSE:DIS), with its substantial market capitalization of $181 billion and annual revenue of $92.5 billion, announced the results of its board elections and shareholder proposals. According to InvestingPro analysis, Disney maintains a GOOD financial health score, reflecting its strong market position. At the annual meeting held on March 20, 2025, all Disney board members were re-elected, with Mary T. Barra receiving the highest number of votes against her candidacy.

Shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the company’s independent auditors for fiscal 2025. Additionally, an advisory vote to approve executive compensation passed, despite a significant number of votes against.

Several shareholder proposals were presented at the meeting, including requests for Disney to report on climate risks to retirement plan beneficiaries, consider participation in the Human Rights Campaign’s Corporate Equality Index, and disclose risks related to the selection of ad buyers and sellers. All three proposals were defeated, with the climate risk report receiving the most support from shareholders.

This information is based on a press release statement from The Walt Disney Company filed with the Securities and Exchange Commission.

In other recent news, D’Amico International Shipping reported a net profit of $25.4 million for Q4 2024, reflecting a slight decrease from the previous year. The company also saw a reduction in total net revenue, which amounted to $371.9 million, down from $401.8 million in 2023. Despite these declines, the company maintains a robust EBITDA margin of 70%, with an EBITDA of $260.9 million. In terms of fleet expansion, D’Amico is investing $107 million in eco-friendly designs, which aligns with its strategy to modernize its fleet. Analysts from firms like Kepler Cheuvreux and Stifel have shown interest in the company’s strategies to navigate market disruptions. The company anticipates maintaining profitability in the upcoming quarters, with an expected average fleet size of 32.2 ships in 2025. Geopolitical tensions and potential U.S. tariffs on Chinese-built vessels remain challenges, but D’Amico’s strong financial position and ongoing investments in fleet expansion could help mitigate these risks.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.