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Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s):  T.AQN.P.A | T.AQN.P.D | AGQPF | AQN

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.


TSX:AQN - Post by User

Post by pennydredfulon Jan 16, 2023 11:21am
227 Views
Post# 35225670

Withheld votes

Withheld votesIf   all   directors received  a   50%  +   withheld   vote    and  were  forced  to  resign   as   directors  including  Mr.  B.    not  much  would  be resolved  as  Mr.  B.   now  not  a director  but still  CEO  an employee .  would  likely  have the responsibility  to  find  new board  members   who  may not have a different  face  than the present.  as  now  they  will beholden  to  Mr.  B.  for   their  $200000  US  per year   position  .   Usually   in this case   an  activist  large  shareholder  (  none  now  that we know of) presents   an  alternative   slate   of directors   for  shareholders  consideration. 
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