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Teck Reports Strong Shareholder Votes and Declares $0.125 June Dividend

The tallies point to broad investor support for Teck’s governance approach.

Overview

  • Teck, which held its annual meeting Thursday, reported that 78.53% of the votes attached to all outstanding shares were represented.
  • Shareholders elected 11 directors, with each nominee receiving at least 97.68% support.
  • Investors re-appointed PricewaterhouseCoopers LLP as auditor with 97.76% of votes cast in favor.
  • Shareholders approved the advisory vote on executive pay with 98.23% support.
  • The board declared an eligible dividend of $0.125 per share, payable June 30 to holders of record on June 15.