Shareholders

At a recent general meeting, Toyota’s shareholders raised concerns over Tesla and the lead it has established as the industry moves to electric vehicles. Toyota shareholders concerned over Tesla’s EV lead On two oppositive sides of the EV spectrum, you have Tesla, which sells 100% electric vehicles, and Toyota, which has been one of the biggest laggards (if not the biggest) regarding pure EVs. Tesla delivered a record 466,140 electric models in the second quarter of 2023, crushing…

Image via Pixar/ABC Hello cool Aristocats, it’s time for today’s Disney news roundup! As most Disney lovers know by now, the company began celebrating their 100th anniversary starting in January and will continue to do so until the actual anniversary date of October 17. The festivities, officially titled Disney100, involve new attractions like Mickey & Minnie’s Runaway Railway coming to Disneyland California, as well as eight classic films returning to the box office for a temporary theatrical re-release;…

A U.S. judge has rejected Apple's bid to throw out a class-action lawsuit that accused Chief Executive Tim Cook of defrauding shareholders by concealing falling demand for iPhones in China.U.S. District Judge Yvonne Gonzalez Rogers' decision late Monday night clears the way for shareholders led by a British pension fund to sue over a one-day plunge that wiped out $74 billion (roughly Rs. 6,06,700 crore) of Apple's market value.The lawsuit stemmed from Cook's comment on a November 1, 2018, analyst call that while Apple…

Beleaguered edtech firm Byju’s has informed investors that it will file its much-delayed financial year 2022 earnings by September, said sources in the know. The company intends to file its financial year 2023 results by December. Founder and chief executive Byju Raveendran and chief financial officer Ajay Goel, along with other members of the company’s leadership, briefed about 75 shareholders on Saturday, addressing their concerns about the firm's financial affairs, the sources added.Byju’s statutory auditor Deloitte…

People arrive to attend an annual shareholders' meeting for Toyota Motor in the city of Toyota, Aichi Prefecture on June 14, 2023. Toyota is under pressure from large institutional investors for chairman Akio Toyoda to step down over his lukewarm embrace of electric vehicles.Str | Afp | Getty ImagesStock Chart IconStock chart iconToyota shares soarToyota shares closed up 6.3% at 2,310 Japanese yen ($16.48) per share in robust volumes — their highest close since Feb. 9, 2022. Their record closing high at 2,390 Japanese yen…

Some investor groups in the U.S. and Europe sought Toyoda’s ouster over his stance on electric vehicles. Some investor groups in the U.S. and Europe sought Toyoda’s ouster over his stance on electric vehicles. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are…

A logo of Toyota Motor Corp. is seen at a dealer on May 11, 2022, in Tokyo. Toyota executives fielded challenges and reaped praise from investors at an annual general meeting Wednesday, June 14, 2023, where shareholders ultimately rejected demands the automaker do better on fighting climate change. Credit: AP Photo/Eugene Hoshiko, File Toyota executives fielded challenges and reaped praise from investors at an annual…

Toyota shareholders are sending a clear message at the Japanese automaker’s annual meeting this year – it’s time to go electric. Several investors have mentioned they have voted or plan to vote to remove longtime leader Akio Toyoda from the board over the automaker’s EV stance. Shareholders voice their opinion on Toyota’s EV stance After Akio Toyoda, the 66-year-old grandson to the company’s founder, stepped down as CEO in January, many believed newly elected leader Koji Sato would bring…

Ardova Plc reached the critical stage of delisting its shares from the Nigerian Exchange after a buyout agreement that will see minority shareholders get 2.9 per cent more than the settlement price the acquiring investor initially offered them. “Each scheme shareholder (as defined in the scheme document) shall receive ₦17.88K per scheme share held,” the energy firm stated in the outcome document of a court-ordered meeting released on Monday. Businessman Abdulwasiu Sowami, who already owns an indirect stake of…

A group of Meta shareholders, which includes activist Mari Mennel-Bell, is seeking action from the social media company on allegations of its “political entanglement and content management biases” in India. The shareholders’ resolution will come up for voting at Meta’s annual shareholder and board meeting scheduled for Tuesday, May 31, according to people in the know of the matter.Global non-profit advocacy and proxy advisory firm SumOfUs, now known as Eko, is the proponent of Mennel-Bell’s resolution, which was placed…