other
confidence high
sentiment neutral
materiality 0.15
First BanCorp annual meeting elects directors, approves say-on-pay, ratifies Crowe as auditor
FIRST BANCORP /PR/
- All 10 director nominees elected; Juan Acosta Reboyras received 139.7M for (lowest), Roberto R. Herencia 43.6M against (highest).
- Non-binding say-on-pay approved with 141.4M for, 7.3M against, 320K abstain; broker non-votes 8.3M.
- Ratification of Crowe LLP as independent auditor for FY2024 passed with 157.1M for, 234K against, 52K abstain.
- Advisory vote on frequency: 1-year option won with 137.9M votes; 2-years 69K, 3-years 10.7M, abstentions 8.3M.