Strategy Shareholders to Vote on Daily STRC Dividend Proposal
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Strategy shareholders will vote on an Oct. 28 proposal covering four preferred stocks, including daily dividends for STRC, The Defiant reported.
Strategy shareholders are set to consider a proposal that includes daily dividend payments for STRC, according to The Defiant.
The Oct. 28 proposal covers four preferred stocks. Approval requires a majority of the voting power represented by all outstanding common shares, rather than just a majority of votes cast.
Abstentions and broker non-votes will count against the proposal, meaning it could fail even if most votes submitted are in favor.
Source: The Defiant
