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Wednesday, May 27, 2026
Exxon wins shareholder backing for Texas move, defeats retail voting proposal
Exxon Mobil shareholders on Wednesday approved the company's plan to redomicile in Texas, marking a win for the top U.S. oil producer after two leading proxy advisory firms advised investors to strike down the proposal.
Shareholders also rejected a proposal to add more automatic voting options to Exxon's retail investor voting program. Exxon's board was opposed to the proposal.
https://finance.yahoo.com/sectors/energy/articles/exxon-wins-shareholder-backing-texas-152106074.html
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