Disney shareholders re-elect all 12 board nominees; reject activist slates from Trian and Blackwells

Walt Disney Co

All 12 Disney-nominated directors elected; Nelson Peltz received ~370M votes (31% of votes cast, excluding broker non-votes).
Shareholders approved amendment to 2011 Stock Plan, increasing authorized shares from 179M to 294M (115M new shares).
Advisory vote on executive compensation passed with ~79% support; PwC ratified as auditor with ~95% support.
All five shareholder proposals (political spending, gender transition benefits, charitable contributions, termination payments, bylaw repeal) failed.
Preliminary results subject to final certification; ~69% of outstanding shares were represented at the meeting.

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