Barclays investors have been urged by a major adviser to oppose the bank’s remuneration policy, raising the prospect of a shareholder rebellion over executive pay at the UK lender. Pirc, which advises large shareholders, has recommended voting against Barclays’ remuneration report at its annual general meeting on 4 May, citing concerns over the pay of … Read more
OMAHA, Neb. – At the start of the Berkshire Hathaway BRK.B, -2.55% BRK.A, -2.94% annual meeting on Saturday, chairman and chief executive officer Warren Buffett wasted no time speaking to the question of the company’s aging leadership. He noted, in fact, that his and vice chairman Charlie Munger’s combined age was roughly 190 years – … Read more
OMAHA, Neb. — As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshire Hathaway Inc. BRK.B -2.55% is opening up the spending spigot again. It forged an $ 11.6 billion deal to buy insurer … Read more
OMAHA, Neb. — The Berkshire Hathaway annual shareholders meeting returned to a live, in-person format for 2022, after a two-year pandemic hiatus moved the so-called “Woodstock for Capitalists” online. Warren Buffett addressed the company’s massive stock purchases in the first quarter, the performance of its collection of businesses, and added his signature folksy anecdotes and … Read more
Companies are set for a “snowball” of voting activity this AGM season, as new platforms look to break down traditional barriers between shareholders and companies. After online trading turned into a frenzy over the pandemic, with novice investors wading into the markets in search of returns, newcomers are now taking a deeper interest in shareholder … Read more