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A document sent to shareholders letting them know when and where a shareholders' meeting is taking place and detailing the matters to be voted upon at the meeting. You can attend the meeting and vote in person or cast a proxy vote.
Proxy statements are documents that the Securities and Exchange Commission requires companies to give to shareholders so they can weigh in on important company issues. Proxy statements offer shareholders information about changes on the board and other important decisions the board needs to make.
A general proxy is empowered to vote freely on any matter which arises at the meeting, whereas a limited proxy is only allowed to vote on certain matters which arise, or must vote in a particular way as determined by the principal voter.
Introduction. A proxy is an individual, legally allowed to act on behalf of another party or a format that would allow a participant to vote without being physically present at the meeting.
Spokane Valley-based electronic manufacturing services company Key Tronic Corp. has reported record annual revenue for fiscal year 2023, with sales totaling $588.1 million, an 11% increase compared with year- earlier revenue.