Over the last five years, virtual annual shareholder meetings have been a small, but growing, trend. While percentage increases have been significant year-over-year, overall a relatively small number of companies held virtual meetings in that time.
Figure 1. Percentage of Russell 3000 Companies that had virtual meetings
In light of the novel coronavirus, COVID-19, companies are considering the advisability of holding in-person annual meetings. Given the timing of the COVID-19 emergence, companies with December 31 fiscal year ends may be weighing a change to their meeting format after filing their proxy statements and with little time until … Read more