NSC Jan 2025 210.000 put
- Business Wire
ISS Recommends Shareholders Support Significant Change At Norfolk Southern by Voting the Blue Proxy Card "FOR" Five of Ancora’s Director Candidates
CLEVELAND, April 30, 2024--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, "Ancora" or "we"), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) ("Norfolk Southern" or the "Company"), today announced that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm, has recommended that Norfolk Southern shareholders support meaningful boardroom change by voting for five of its seven director candidates (the "Sharehol
- Reuters
Ancora scores win with ISS endorsement in Norfolk Southern proxy fight
Ancora Holdings scored a second victory in its battle with Norfolk Southern when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended on Tuesday that shareholders elect five of the activist hedge fund's director candidates. ISS said the Atlanta-based railway, which has faced regulatory and legal questions after a derailment last year in Ohio, needs new directors with deeper and more balanced industry experience. The ISS recommendation, which often guides how shareholders vote on hot-button issues such as board elections and mergers, was made one day after Glass Lewis, another proxy advisory firm, backed six of Ancora's candidates.
- PR Newswire
ISS recommends for majority of Norfolk Southern board nominees
Norfolk Southern Corporation (NYSE: NSC) Tuesday announced that Institutional Shareholder Services (ISS), a leading independent proxy advisory firm, has recommended shareholders support a majority of its director nominees, reflecting a clear endorsement of the company's management and strategy. This comes ahead of the company's Annual Meeting of Shareholders to be held on May 9, 2024:
