The proposal’s proponents say most of the votes against it were influenced by proxy advisers, not individual shareholders.
Costco's shareholders voted overwhelmingly to reject a proposal from a conservative think tank aimed at getting the company to roll back its diversity hiring practices.
Costco shareholders overwhelmingly voted against a proposal that the company characterized as a way to undermine DEI policies.
Costco shareholders rejected a proposal urging the wholesale club operator to evaluate any risks posed by its diversity, equity and inclusion practices.
Costco shareholders voted down an investor proposal from a right-leaning think tank that urged management to investigate the business risks of DEI.
Costco is pushing back on a shareholder proposal that urges the wholesale club to evaluate any business risks posed by its ...