Here’s How Apple’s Well-Behaved Meeting Went Down
Shareholders did not prevent any of the other Apple proposals from going through, and approved the board of directors, a new independent accounting firm in the form of Ernst & Young, as well as a plan to give shareholders more say on executive pay. Two proposals initiated by individual shareholders, regarding the company’s top executives retaining stock awards until retirement and the formation of company committee on human rights, failed to pass.
Apple did not mention any plan to split the company’s stock — a rumor regarding the possibility was floated on Tuesday afternoon and pulled the stock into positive territory.
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