Kaufman & Broad SA
Ticker: KOF
Meeting date: 11/05/2017
Meeting type: Annual/Special
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Approve Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 2 | Proposal Approve Allocation of Income and Dividends of EUR 1.85 per Share | Mgt rec For | Vote For |
| 3 | Proposal Approve Stock Dividend Program (Cash or New Shares) | Mgt rec For | Vote For |
| 4 | Proposal Approve Consolidated Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 5 | Proposal Approve Transaction with Financiere Gaillon and a Banking Syndicate Re: Transfer of Shares | Mgt rec For | Vote For |
| 6 | Proposal Non-Binding Vote on Compensation of Nordine Hachemi, Chairman and CEO | Mgt rec For | Vote Against |
| 7 | Proposal Ratify Appointment of Jean-Louis Chaussade as Director | Mgt rec For | Vote For |
| 8 | Proposal Authorize Repurchase of Up to 10 Percent of Issued Share Capital | Mgt rec For | Vote Against |
| 9 | Proposal Authorize Decrease in Share Capital via Cancellation of Repurchased Shares | Mgt rec For | Vote For |
| 10 | Proposal Authorize Capitalization of Reserves of Up to EUR 813,000 for Bonus Issue or Increase in Par Value | Mgt rec For | Vote Against |
| 11 | Proposal Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 2.170 Million | Mgt rec For | Vote For |
| 12 | Proposal Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 813,000 | Mgt rec For | Vote For |
| 13 | Proposal Approve Issuance of Equity or Equity-Linked Securities for up to 20 Percent of Issued Capital Per Year for Private Placements, up to Aggregate Nominal Amount of EUR 542,000 | Mgt rec For | Vote For |
| 14 | Proposal Authorize Board to Set Issue Price for 10 Percent Per Year of Issued Capital Pursuant to Issue Authority without Preemptive Rights | Mgt rec For | Vote Against |
| 15 | Proposal Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above | Mgt rec For | Vote For |
| 16 | Proposal Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind | Mgt rec For | Vote For |
| 17 | Proposal Authorize Capital Increase of Up to EUR 813,000 for Future Exchange Offers | Mgt rec For | Vote Against |
| 18 | Proposal Authorize Capital Issuances for Use in Employee Stock Purchase Plans | Mgt rec For | Vote For |
| 19 | Proposal Authorize up to 250,000 Shares for Use in Restricted Stock Plans | Mgt rec For | Vote For |
| 20 | Proposal Set Total Limit for Capital Increase to Result from All Issuance Requests at EUR 2,170 Million | Mgt rec For | Vote For |
| 21 | Proposal Authorize Filing of Required Documents/Other Formalities | Mgt rec For | Vote For |
Disclaimer
This page contains certain information as to the voting intentions of Norges Bank in its role as manager of the Government Pension Fund Global. This disclosure is provided to promote transparency as to Norges Bank’s engagement with investee companies, and in view of its approach to responsible investing. Norges Bank’s voting intention is an internal decision and has not been agreed with any third party. Please note the following:
- This disclosure is provided for information purposes only. It does not constitute advice and should not be taken as a recommendation or an instruction on any matter, including whether any relevant third party should buy, sell or retain shares, or how any third party should exercise any voting rights they may have. Any person who wishes to obtain advice should seek this from a professional adviser. This disclosure is not a proxy solicitation and is not intended to influence the vote of other shareholders.
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