Exxon to offer auto-voting to counter shareholder activism

16 September 2025

From Reuters: Exxon Mobil (XOM.N) is introducing a new shareholder voting mechanism that will allow retail investors to automatically cast ballots in step with board recommendations during annual meetings, a move that may help the top U.S. oil producer fend off activist campaigns.

- SEC allows Exxon’s auto-voting plan for retail investors

- New mechanism may help Exxon counter activists

- Retail investors hold significant shares but can have low voting turnout

Read the full article on Reuters

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