Tag: shareholders

Sort: Date | Title | Views | | Random Sort Ascending
View:

Pret a Manger shareholders fund £100m expansion despite big losses

24 Views0 Comments

Pret a Manger shareholders, including its co-founder, Sinclair Beecham, are pumping £100m into the company to fund expansion despite losses ballooning to £256m during the pandemic. The coffee shop group is planning to...

GKN shareholders may now regret not asking of bigger slice of Melrose pie

20 Views0 Comments

The grumble here in 2018 about Melrose’s controversial £8bn hostile takeover of GKN didn’t relate to the buyer’s supposed status of private equity-style vulture. That easy caricature has never quite fitted Melrose, a ...

Major shareholder’s Rolls-Royce grumble could rumble on

50 Views0 Comments

The last time Rolls-Royce had an US activist fund on its tail, the aero-engine manufacturer took the unusual step of inviting one of its representatives onto the board. ValueAct Capital was judged to have constructive...

Drug firm that hiked prices by 6,000% paid shareholders £400m

28 Views0 Comments

A pharmaceuticals firm that inflated thyroid drug prices by up to 6,000% over a decade paid out more than £400m to shareholders and directors during the same period. London-based Advanz Pharma – and its former private...

Foxtons chair quits after largest shareholder’s call for changes

46 Views0 Comments

The chairman of the London estate agents Foxtons has quit after the company’s biggest shareholder demanded a boardroom shakeup. Ian Barlow, who has chaired Foxtons for the past eight years, is to stand down once a suc...

Executive pay: big names that fell foul of shareholders

39 Views0 Comments

The personal and financial sacrifices of many during the pandemic have cast a harsh light on executive pay excesses. Shareholders have delivered stinging rebukes to some of the UK’s best-known companies for failing to...

Shareholders of firm backed by Matt Hancock have donated to the Tories

35 Views0 Comments

Matt Hancock has promoted a healthcare startup whose shareholders have made donations to the health secretary and the Conservative party, the Guardian can reveal. The revelations about investors in Babylon Healthcare,...

Morrisons shareholders reject executive bonuses amid falling profits

38 Views0 Comments

Morrisons shareholders have voted overwhelmingly against the award of millions of pounds in bonuses to executives who missed profit targets during the pandemic, in a significant rebuke to the supermarket’s bosses. The...

Morrisons chief risks ire of shareholders over £1.7m pandemic bonus

52 Views0 Comments

This week’s pay row comes at Morrisons. Or, at least, one assumes a few of the supermarket group’s shareholders will rouse themselves to protest against the remuneration committee’s dubious manoeuvre on executive bonu...

Investor presses Aviva to cut costs and return £5bn to shareholders

44 Views0 Comments

Europe’s largest activist fund has built a 5% stake in the London listed insurance company Aviva as its chief executive, Amanda Blanc, became the second female FTSE 100 boss to have her strategy questioned by an activ...

Boohoo shareholders advised to block reappointment of co-founder

58 Views0 Comments

An influential shareholder advisory group has recommended blocking the reappointment of Boohoo’s co-founder Carol Kane amid concerns about high pay and management’s failures to tackle poor conditions at the factories ...

Shareholders urged to vote out Playtech chair over gender imbalance

169 Views0 Comments

The female head of gambling software supplier Playtech is facing a possible backlash from shareholders at the company’s annual general meeting over the low number of women on its board. Glass Lewis, one of the world’s...

Savills and Cineworld shareholders revolt over executive pay

48 Views0 Comments

The estate agent Savills and Cineworld, the UK’s biggest movie chain, have been hit by significant pay revolts by shareholders in a backlash over reward packages awarded to bosses during the pandemic. Almost 30% of in...

Rio Tinto shareholders rebel against ex-chief executive’s £7.2m bonus

72 Views0 Comments

Rio Tinto’s shareholders have rebelled against the board’s decision to pay its outgoing chief executive his biggest ever pay packet despite overseeing the destruction of the sacred 46,000-year-old rock shelters at Juu...