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I own a share of a stock. Recently, I was notified of an annual meeting. What happens if I don't vote?

2006-11-25 09:58:25 · 3 answers · asked by Paper M 1 in Business & Finance Investing

3 answers

You are not required to vote, however if you fail to vote your vote could be cast by proxy. Sometimes when a company has an annual stockholders meeting to elect new officers you will automatically give your proxy vote to the existing board or management where they vote in your behalf. Prior to the meeting the corporation sometimes sends a note to stockholders where they must sign an affidavit to give their proxy. Others may send a note and unless you respond by a certain date, your proxy will automatically be given to management or the board to vote as they see fit.

2006-11-25 10:16:19 · answer #1 · answered by Flyby 6 · 0 0

if you don't vote, most likely one of the "directors" or company officers will vote your shares for you

2006-11-25 21:00:46 · answer #2 · answered by danielsexton17 2 · 0 0

What happens if you don't vote? Not one darned thing. They will never miss it.

2006-11-25 19:01:07 · answer #3 · answered by Rabbit 7 · 0 0

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