net_left Phương Thức Thanh Toán
Phương Thức Thanh Toán

Advisory firm ISS urges Monro shareholders to vote against board members

By Svea Herbst-Bayliss BOSTON (Reuters) - Monro Inc shareholders should vote against all five of the auto service company's directors who are up for election after the board...
Advisory firm ISS urges Monro shareholders to vote against board members © Reuters. FILE PHOTO - An empty conference room is seen as the first phase of FMC Corporation employees return to work in the office in Philadelphia, Pennsylvania, U.S., June 14, 2021. REUTERS/Hannah Beier

By Svea Herbst-Bayliss

BOSTON (Reuters) - Monro Inc shareholders should vote against all five of the auto service company's directors who are up for election after the board failed to follow investor wishes and restructure its share classes, shareholder advisory firm ISS said on Wednesday.

Institutional Shareholders Services, known as ISS, said the board "demonstrated insufficient responsiveness to last year's majority-supported shareholder proposal" and that "withholding support from all director nominees is warranted."

Shareholders will vote on Aug. 16. Many investors follow ISS recommendations on votes ranging from who will sit on the board to corporate matters like acquisitions.

Monro's board has nine members. Five are up for election this year.

Hedge fund Ides Capital, which has been pushing the company for years to make changes, submitted last year's shareholder proposal to recapitalize the share classes so that each share would have one vote in each voting situation.

Eighty-eight percent of common shareholders supported the proposal at the 2021 annual meeting. While the board "acknowledged the results ... and engaged with shareholders on the issue," ISS wrote that the board did not act because it felt it did not have the "right or power to unilaterally 'recapitalize' its equity capital structure to eliminate the Class C Preferred Stock.

All Class C shares are owned by investment banker Peter Solomon, who sits on the board and is one of the company's top five shareholders after mutual fund companies BlackRock (NYSE:BLK), T. Rowe Price, Vanguard and Wasatch Advisors.

Shares of Monro, which runs auto service and tire centers and has a market capitalization of $1.7 billion, have dropped by 15% in the last 52 weeks.

Monro did not immediately respond to a request for comment. Ides Capital could not be reached.

Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
11-08-2022 21:50:43 (UTC+7)

EUR/USD

1.0333

+0.0036 (+0.35%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

EUR/USD

1.0333

+0.0036 (+0.35%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

GBP/USD

1.2216

-0.0009 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

USD/JPY

132.71

-0.15 (-0.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (2)

AUD/USD

0.7114

+0.0037 (+0.52%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (10)

USD/CAD

1.2754

-0.0019 (-0.15%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

EUR/JPY

137.15

+0.34 (+0.24%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (1)

Sell (8)

EUR/CHF

0.9714

+0.0011 (+0.12%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (1)

Sell (7)

Gold Futures

1,808.55

-5.15 (-0.28%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (7)

Sell (1)

Silver Futures

20.442

-0.300 (-1.45%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (8)

Sell (1)

Copper Futures

3.7037

+0.0542 (+1.49%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Crude Oil WTI Futures

92.80

+0.87 (+0.95%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (8)

Sell (0)

Brent Oil Futures

98.29

+0.89 (+0.91%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (0)

Natural Gas Futures

8.402

+0.200 (+2.44%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

US Coffee C Futures

221.23

+0.78 (+0.35%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (7)

Euro Stoxx 50

3,757.15

+7.80 (+0.21%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

S&P 500

4,243.70

+33.46 (+0.79%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (7)

DAX

13,711.39

+10.46 (+0.08%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

FTSE 100

7,474.80

-32.31 (-0.43%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (6)

Hang Seng

20,082.43

+471.59 (+2.40%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

1,995.80

+25.89 (+1.31%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (7)

IBEX 35

8,383.50

+30.70 (+0.37%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (3)

Sell (4)

BASF SE NA O.N.

43.627

-0.818 (-1.84%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (3)

Bayer AG NA

51.66

-0.24 (-0.46%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Allianz SE VNA O.N.

179.19

+0.69 (+0.39%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (5)

Sell (2)

Adidas AG

173.05

-0.31 (-0.18%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

Deutsche Lufthansa AG

6.545

-0.066 (-1.00%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (6)

Siemens AG Class N

110.04

+0.86 (+0.79%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Deutsche Bank AG

8.902

+0.073 (+0.83%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (5)

Sell (2)

 EUR/USD1.0333↑ Sell
 GBP/USD1.2216↑ Sell
 USD/JPY132.71↑ Buy
 AUD/USD0.7114↑ Sell
 USD/CAD1.2754↑ Buy
 EUR/JPY137.15Neutral
 EUR/CHF0.9714Neutral
 Gold1,808.55Neutral
 Silver20.442Neutral
 Copper3.7037↑ Buy
 Crude Oil WTI92.80↑ Buy
 Brent Oil98.29↑ Buy
 Natural Gas8.402↑ Buy
 US Coffee C221.23↑ Sell
 Euro Stoxx 503,757.15↑ Sell
 S&P 5004,243.70↑ Sell
 DAX13,711.39↑ Sell
 FTSE 1007,474.80↑ Sell
 Hang Seng20,082.43↑ Buy
 Small Cap 20001,995.80Sell
 IBEX 358,383.50↑ Sell
 BASF43.627↑ Buy
 Bayer51.66↑ Buy
 Allianz179.19Neutral
 Adidas173.05↑ Sell
 Lufthansa6.545↑ Sell
 Siemens AG110.04↑ Buy
 Deutsche Bank AG8.902Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,610/ 6,710
(10/ 10) # 1,634
SJC HCM6,620/ 6,720
(20/ 20) # 1,644
SJC Hanoi6,620/ 6,722
(20/ 20) # 1,646
SJC Danang6,620/ 6,722
(20/ 20) # 1,646
SJC Nhatrang6,620/ 6,722
(20/ 20) # 1,646
SJC Cantho6,620/ 6,722
(20/ 20) # 1,646
Cập nhật 11-08-2022 21:50:45
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,793.66+1.940.11%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
DO 0,001S-V24.88025.370
Dầu hỏa 2-K23.32023.780
ↂ Giá dầu thô thế giới
WTI$92.24-1.24-1.36%
Brent$97.73-1.24-1.29%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.220,0023.530,00
EUR23.475,2124.789,85
GBP27.818,8429.005,24
JPY171,29181,34
KRW15,5318,92
Cập nhật lúc 18:49:20 11/08/2022
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán