Oregon General Form of Corporate Proxy Vote
Description
How to fill out General Form Of Corporate Proxy Vote?
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FAQ
A proxy vote is a ballot cast by one person or firm on behalf of a shareholder of a corporation who may not be able to attend a shareholder meeting, or who otherwise desires not to vote on an issue.
About once every year, for most companies, you will have the right to vote your shares on a variety of topics related to the companies you own in your portfolio. These are called proxy votes. Regular individual shareholders generally receive one vote per share owned.
Proxy voting is a form of voting whereby a member of a decision-making body may delegate their voting power to a representative, to enable a vote in absence. The representative may be another member of the same body, or external.
Key Takeaways. A proxy is an agent legally authorized to act on behalf of another party. The proxy may also allow an investor to vote without being physically present at the annual shareholder's meeting.
Rather than physically attending the shareholder meeting, investors may elect someone else, such as a member of the company's management team, to vote in their place. This person is designated as a proxy and will cast a proxy vote in line with the shareholder's directions as written on their proxy card.
A proxy statement is most relevant for shareholders preparing for a company's special or annual meeting in order to get information on how they should vote, in-person or via a proxy. As a shareholder, investors have the right to express their voice on the company and its direction via votes, often one vote per share.
Shareholders can vote their proxies via mail, internet, phone, or by attending the annual meeting in person. Voting instructions are provided on the proxy and votes can be changed as long as they meet the stated deadlines (usually 24 hours before the meeting for U.S. companies).
Shareholders send in a card (called a proxy card) on which they mark their vote. The card authorizes a proxy agent to vote the shareholder's stock as directed on the card. The proxy card may specify how shares are to be voted or may simply give the proxy agent discretion to decide how the shares are to be voted.
Generally, the majority of company shareholders do not show up to the shareholders meetings. Instead, they assign their votes to individuals to vote on their behalf. This process is known as a corporate proxy. The proxy will vote the shareholders shares in the manner indicated on a proxy ballot.
Shareholders send in a card (called a proxy card) on which they mark their vote. The card authorizes a proxy agent to vote the shareholder's stock as directed on the card. The proxy card may specify how shares are to be voted or may simply give the proxy agent discretion to decide how the shares are to be voted.
