other material
confidence high
sentiment neutral
materiality 0.40
VSCO stockholders approve 4.8M share increase in stock plan and officer exculpation amendment
Victoria's Secret & Co.
- Stockholders approved an amendment to the 2021 Stock Plan to increase authorized shares by 4,800,000; vote: 42,050,308 for, 16,603,405 against.
- Approved amendment to Certificate of Incorporation to permit officer exculpation under Delaware law; vote: 56,977,453 for, 1,666,409 against.
- Advisory say-on-pay passed with 48,667,832 for and 9,966,586 against (approximately 83% support).
- All nine director nominees elected; Rod Little received highest votes (57,261,515 for).
- Ernst & Young ratified as independent auditor for fiscal 2024 with 66,942,033 for, 153,438 against.