Previous Close | 31.60 |
Open | 31.60 |
Bid | 30.40 x N/A |
Ask | 30.60 x N/A |
Day's Range | 31.60 - 31.60 |
52 Week Range | 21.05 - 39.40 |
Volume | |
Avg. Volume | 9 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Jul 31, 2024 - Aug 05, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
HOUSTON, May 09, 2024--SilverBow Resources, Inc. (NYSE: SBOW) ("SilverBow" or the "Company") today announced that Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis"), two leading independent proxy advisory firms, have both recommended that SilverBow shareholders vote "FOR" the re-election of SilverBow’s three highly qualified and independent director nominees on the WHITE proxy card in connection with the Company’s 2024 Annual Meeting of Shareholders (the "2024 Annua
Proxy adviser Institutional Shareholder Services on Thursday recommended shareholders of SilverBow Resources vote for the company's board nominees, and withhold support for directors backed by activist investment firm Kimmeridge Energy Management. Earlier on Thursday, fellow proxy adviser Glass Lewis also recommended SilverBow shareholders vote in the company's board selections. Kimmeridge, the largest shareholder in SilverBow, is aiming to seat three new independent directors at the oil and gas producer's annual shareholder meeting on May 21, charging the company needs to revamp its governance and improve performance.
Two proxy advisory firms on Thursday recommended SilverBow Resources shareholders reelect the company's nominated directors, dealing a blow to activist investment firm Kimmeridge Energy Management, which is pushing for three board seats. Institutional Shareholder Services (ISS) and Glass Lewis each issued recommendations that back the three company directors who are standing for reelection to the company's nine-member board, according to the reports seen by Reuters.