Raytheon awarded $71 million in Navy contracts for missile systems
Linde (NYSE:LIN) plc (NASDAQ:LIN) reported the results of its Annual General Meeting of Shareholders held Tuesday. According to a statement based on a recent SEC filing, shareholders voted on several proposals, including the election of directors and approvals related to company governance.
All ten director nominees were elected to serve until the 2026 annual meeting. Among those elected, Sanjiv Lamba received 372,676,475 votes in favor and 1,437,629 votes against, while Stephen F. Angel received 361,831,851 votes in favor and 12,291,627 votes against. Other directors elected include Prof DDr. Ann-Kristin Achleitner, Dr. Thomas Enders, Hugh Grant, Joe Kaeser, Victoria E. Ossadnik, Paula Rosput Reynolds, Alberto Weisser, and Robert L. Wood. Each nominee received at least 93% of votes cast in favor.
Shareholders also ratified, on an advisory and non-binding basis, the appointment of PricewaterhouseCoopers as the company’s independent auditor, with 92.36% of votes cast in favor. The authorization for the board, acting through the Audit Committee, to determine the auditor’s remuneration was approved by 97.89% of votes cast.
On an advisory basis, shareholders approved the compensation of Linde’s named executive officers, with 94.01% of votes cast in favor. Shareholders also voted to hold future advisory votes on executive compensation annually, with 98.96% of votes cast supporting a one-year frequency.
Additionally, a proposal to determine the price range at which Linde can re-allot shares acquired as treasury shares under Irish law was approved by 99.56% of votes cast.
A shareholder proposal requesting an annual report on the alignment of Linde’s lobbying and trade association activities with its 2050 climate neutrality ambition was not acted upon, as neither the proponent nor a representative attended the meeting to present the proposal.
The meeting had a quorum, with 393,235,938 shares present or represented by proxy, representing 83.53% of shares outstanding and entitled to vote.
This article is based on information disclosed in a press release statement and 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.