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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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