Flowserve Corp (FLS) just unveiled an update.
At the Company’s virtual 2024 Annual Meeting, shareholders cast their votes on five key proposals, where a high turnout of over 91% of shares was reported. Director nominees were elected with a majority of “For” votes, while the advisory vote on executive compensation and the ratification of the accounting firm saw approval. The Employee Stock Purchase Plan (ESPP) was also greenlit with significant support. However, a proposal regarding a report on the Company’s political spending did not pass, indicating shareholder reticence on this matter.
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