proxy statement

noun

1. a statement containing information, frequently exhaustive, about a corporation, its officers, and any propositions to be voted on, sent to stockholders when their proxies are being solicited for an annual or a special stockholders' meeting.

Example Sentences

He’s not there yet — the proxy statement places his share ownership at 19.7% as of Aug. 29.

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“Mr. Musk is being asked to transform Tesla and, in so doing, provide transformative technologies to better society as a whole,” the company says in its proxy statement in which the pay deal is disclosed.

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During those five years, the company’s worldwide recordable incident rate, or how often an injury or illness occurs at work, improved by 34% and the worldwide lost time incident rate, or the number of injuries and illnesses that result in at least one day away from work, improved by 65%, according to a May proxy statement.

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At Walmart, it was 930 to 1 in 2024, according to a disclosure in the company’s most recent proxy statement, and at McDonald’s it was 1,014 to 1.

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As part of its proxy statement, the company again detailed the compensation packages — totaling $148 million to the top three executives and ousted Chief Executive Bob Bakish, who received compensation valued at $87 million.

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