In an age of stock ownership dominated by “dumb money” (stocks held within index funds, which always vote with the board as a matter of fund [lack of] management policy), that’s to be expected. It’s weird when more than a tiny minority of shareholders don’t vote with the board.
In an age of stock ownership dominated by “dumb money” (stocks held within index funds, which always vote with the board as a matter of fund [lack of] management policy), that’s to be expected. It’s weird when more than a tiny minority of shareholders don’t vote with the board.