InnSuites Hospitality Trust shareholders approve proposals and announce dividend

Published 15/08/2025, 22:56
InnSuites Hospitality Trust shareholders approve proposals and announce dividend

InnSuites Hospitality Trust (NYSE:IHT) reported the results of its 2025 Annual Meeting of Shareholders held Thursday. According to a press release statement based on the company’s SEC filing, 7,172,442 shares were present in person or by proxy, representing a quorum.

Shareholders elected James F. Wirth and Leslie T. Kutasi as trustees. Wirth received 6,797,769 votes in favor, 8,556 votes against, and 366,117 abstentions. Kutasi received 6,446,530 votes in favor, 353,235 votes against, and 372,677 abstentions.

The shareholders also ratified the BCRG Group as the independent registered public accountants for the company, with 7,124,341 votes in favor, 359 votes against, and 47,742 abstentions.

Executive officer compensation was approved, receiving 6,796,412 votes in favor, 2,948 votes against, and 373,082 abstentions. On the frequency of executive compensation votes (“Say-on-Pay”), shareholders chose a three-year interval, with 6,369,568 votes for three years, 41,182 for two years, 392,149 for one year, and 4,052 abstentions.

The trustee nominee for the 2026 Annual Shareholder Meeting will be Steven S. Robson.

The Board of Trustees also announced a semi-annual dividend of $0.01 per share, paid on August 7 to shareholders of record as of July 25. This continues the company’s annual dividend payment history.

All information is based on a press release statement included in the company’s SEC filing.

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.