PARIS (Reuters) – Shareholders of French media giant Vivendi approved on Tuesday a contested proposal that allows group to buy back and cancel shares for up to 50% Vivendi’s capital.
The proposal received more than 73% of votes in favor at the company’s annual shareholders meeting. Proxy advisors Glass Lewis and ISS had recommended to vote against the resolution, as well as activist fund Bluebell Capital Partners.
(Reporting by Mathieu Rosemain; Editing by Sudip Kar-Gupta)
NFL to allow players to wear protective soft-shell helmet covers during games
Orioles send former No. 1 pick Jackson Holliday back to minors after he hit .059 in 10 MLB games
Golden Knights have limited Stars’ scoring chances to take 2-0 series lead
Giannis Antetokounmpo ruled out, Khris Middleton to start for Bucks against Pacers in Game 3
Hunter Dickinson announces his return to KU; UCLA signs Tyler Bilodeau from portal
Biden officials indefinitely postpone ban on menthol cigarettes amid election-year pushback
A ban in Kansas on gender-affirming care also would bar advocacy for kids’ social transitions
South Dakota governor, a potential Trump running mate, writes in new book about killing her dog
140,000 people did their taxes with the free IRS direct file pilot. But program’s future is unclear
Commerce Department announces new restrictions on U.S. firearms exports
Hackers claim to have infiltrated Belarus’ main security service
Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Athletic director used AI to frame principal with racist remarks in fake audio clip, police say
