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TE Connectivity plc (NYSE:TEL), a global leader in connectors and sensors, announced the results of its Annual General Meeting (AGM) held on March 12, 2025. Shareholders approved all agenda items, including the election of directors, ratification of auditors, executive compensation, and share repurchase authorizations.
The AGM, which saw a 91.1% turnout of shareholders, resulted in the election of twelve directors, with votes for individual directors ranging from 92.06% to 99.84% in favor. The named directors include Jean-Pierre Clamadieu, Terrence R. Curtin, and Carol A. Davidson, among others.
Additionally, shareholders ratified the appointment of Deloitte & Touche LLP and Deloitte Ireland LLP as the company’s independent auditors, with 97.84% voting in favor. The authorization for the Audit Committee to set auditors’ remuneration was also approved.
The advisory vote on named executive officer compensation passed with 91.07% approval, reflecting shareholder satisfaction with the company’s executive pay structure.
Two proposals related to the company’s shares were also passed. Shareholders authorized market purchases of company shares with a 99.83% vote in favor, and approved the price range at which the company can re-allot treasury shares with 99.46% agreement.
These decisions reflect confidence in the company’s governance and strategic financial management. TE Connectivity, with its headquarters in Galway, Ireland, continues to maintain its strong position in the wholesale electronic parts and equipment industry. The information reported is based on a press release statement.
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