Rolls-Royce Unanimously Steams Ahead: Every AGM Resolution Passes as Transformation Gains Traction

Rolls-Royce Holdings plc is today delighted to report that all 24 resolutions put to its Annual General Meeting (AGM), which took place today at the Rolls-Royce Learning and Development Centre in Derby, were approved by shareholders. The meeting, on which 62.41% of the issued share capital of the company voted, covered a complete agenda of matters including the approval of company accounts, directors' remuneration policy and report, declaration of final dividend, and re-election of all current directors.

 

Shareholders voted in favor of the resolutions overwhelmingly, and they all passed with more than 96% of the vote. The most notable was the approval of the last dividend of 6 pence on ordinary shares for the year to 31 December 2024 and the reappointment of PricewaterhouseCoopers LLP as auditor. Special resolutions such as power to purchase the company's own shares and capital reduction share cancellation were approved nearly unanimously.

 

The firm also rectified and cleared an earlier typographical mistake in the AGM notice on the capitalisation of the merger reserve, having double-checked all the numbers to be accurate for consideration by the shareholders.

 

The outcome indicates ongoing shareholder faith in Rolls-Royce's governance and business strategy as the firm continues to drive its growth and transformation plans.

 

Source: Investegate