Sunday, September 25, 2016

Q&A: When a stockholder sends in a proxy statement to a corporation he or she owns stock in, they?

September 27, 2012 by admin  
Filed under Discussions

Question by Smith Gram: When a stockholder sends in a proxy statement to a corporation he or she owns stock in, they?

When a stockholder sends in a proxy statement to a corporation he or she owns stock in, they relinquish their voting rights to the officers of the corporation.
a. True
b. False

Best answer:

Answer by Sandy
b. False

A proxy statement is a document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. Shareholders can vote by mailing their ballots; they don’t have to attend the company’s annual meeting or vote in person.

Give your answer to this question below!

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

Get Adobe Flash playerPlugin by wpburn.com wordpress themes