Skip to content

Magna announces 2017 annual meeting results

Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2017 annual meeting of shareholders. A total of 277,209,607 Common Shares or 72.69% of our issued and outstanding Common Shares, were voted in connection with the meeting. Shareholders voted by a show of hands in favour of each item of business. Based … Continued

Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2017 annual meeting of shareholders. A total of 277,209,607 Common Shares or 72.69% of our issued and outstanding Common Shares, were voted in connection with the meeting. Shareholders voted by a show of hands in favour of each item of business. Based on proxies received prior to the meeting and votes cast in person at the meeting, each director nominee was elected by a substantial majority as follows:

Nominee Votes FOR
Scott B. Bonham 99.76%
Peter G. Bowie 99.72%
Lady Barbara Judge 97.97%
Dr. Kurt J. Lauk 99.83%
Cynthia A. Niekamp 99.82%
William A. Ruh 99.86%
Dr. Indira V. Samarasekera 98.77%
Donald J. Walker 99.87%
Lawrence D. Worrall 98.67%
William L. Young 98.71%

Additionally, Magna’s advisory “say on pay” vote received 92.19% support based on proxies received prior to the meeting and votes cast in person at the meeting. Full results of the votes are included as Appendix “A” to this press release.

Welcome back , to continue browsing the site, please click here