All articles tagged with #shareholder opposition
Korea Zinc's shares dropped over 13% after its largest shareholder group opposed plans for a U.S.-backed joint venture to build a $7.4 billion mineral smelter in Tennessee, which would dilute their stake and potentially shift control, amid U.S. efforts to secure critical mineral supplies independent of China.
Norway's Norges Bank Investment Management opposed Tesla's proposed $1 trillion stock award to Elon Musk due to concerns over its size, dilution, and key person risk, marking a significant challenge to Musk's compensation plan ahead of Tesla's annual meeting.
Elon Musk criticized shareholder advisory firms Glass Lewis and ISS, calling them 'corporate terrorists' for opposing his proposed $1 trillion pay package, amid ongoing legal and shareholder disputes over the compensation plan.