NISSAN TOKYO SALES HOLDINGS CO.,LTD. [8291.T]
TOKYO, May 21 (Pulse News Wire) – Nissan Tokyo Sales Holdings CO.,LTD. (8291.T) rejected four shareholder proposals submitted ahead of its upcoming annual general meeting scheduled for June 25, 2026.
The board opposed proposals from NIPPON ACTIVE VALUE FUND PLC and Mercury AIFLNP V.C.I.C Ltd. These included requests for share repurchases, changes to director composition, dividend payout ratios, and modifications to takeover defense measures.
Specifically, the board cited concerns over potential disruptions to capital allocation flexibility and the need for comprehensive review of governance structures. They emphasized their commitment to sustainable growth and maintaining robust financial health while adhering to previously outlined dividend policies.
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