RELEASE: Chevron Shareholders With $7.75 Billion In Stock Vote To Increase Dividends To Protect Investor Capital In The Face Of.pdf

release-chevron-shareholders-with-7-75billion-in-stock-vote-to-increase-dividends.pdf
Preview of RELEASE: Chevron Shareholders with $7.75 Billion in Stock Vote to Increase Dividends to Protect Investor Capital in the Face of
🔗 Source: archive.asyousow.org
📊 Size: 415 KB
👤 Author: Andrew Montes
⬇️ Downloads: 28

Summary

Chevron shareholders with $7.75 billion in stock voted to increase dividends to protect investor capital due to the company's risky investments in costly carbon reserves, with 4% of shareholders supporting the resolution. The vote reflects growing concerns about Chevron's spending on high-cost, high-carbon projects, despite weakening company fundamentals and changing energy markets. The resolution, filed by As You Sow and Arjuna Capital, aims to protect shareholder value and avoid an "economically unsustainable path" amid climate change impacts and increasingly uneconomical fossil fuel projects.

Description

Chevron shareholders with $7.75 billion in stock voted to increase dividends to protect investor capital due to the company's risky investments in costly...

Technical Information

  • File Format: PDF
  • File Size: 415 KB
  • Pages: 2
  • Language: EN
  • Author: Andrew Montes
  • Total Downloads: 28
  • Last Updated: 2 months ago

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