An Introduction to Proxy Voting

Proxy voting is a system that allows individuals to vote on corporate matters whenever they are not able to attend a shareholder meeting. Here are the basics of the proxy voting system and how it works.

Voting Rights

As a common stockholder in a corporation, you are going to have voting rights with your shares. For each share of stock that you own, you are going to get one vote. This vote can be used in a number of different ways. The company will allow shareholders to vote on things such as electing the Board of Directors or deciding on important policy matters.

Proxy Voting

Most of the important voting matters are going to be covered during the annual shareholders meeting. Before the annual shareholders meeting takes place, you are going to receive a packet in the mail with information. In this packet will be a form that you can fill out in order to get involved with proxy voting.

If you are unable to attend the meeting, you can fill out this proxy voting form and send it into the company. This will allow you to let your voice be heard even if you cannot attend the meeting personally.

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