CIRI Issues Backgrounder on Majority Voting
In October 2012, the Toronto Stock Exchange (TSX) issued a ‘Request for Comment’ with regard to proposed amendments to Part IV of the TSX Company Manual that would require all issuers to institute majority voting for uncontested director elections. CIRI submitted a comment letter to TSX on November 5, 2012. These proposed amendments are the second stage of TSX’s changes to director elections. The first stage was implemented in December 2012.
To read this IR Issues Backgrounder, click here.
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