diff --git a/Hedge-Funds/BlackRock-aims-to-vote-at-100-percent-of-meetings.md b/Hedge-Funds/BlackRock-aims-to-vote-at-100-percent-of-meetings.md new file mode 100644 index 0000000..31b925c --- /dev/null +++ b/Hedge-Funds/BlackRock-aims-to-vote-at-100-percent-of-meetings.md @@ -0,0 +1,14 @@ +BlackRock and share recall for voting: We aim to vote at 100% of meetings... +============================================================================ + +**Author: [u/valthonis_surion](https://www.reddit.com/user/valthonis_surion/)** + +**[Source](https://www.reddit.com/r/Superstonk/comments/musig6/blackrock_and_share_recall_for_voting_we_aim_to/)** + +[Possible DD 👨‍🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Possible%20DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1) + +Straight from their website. + +We aim to vote at 100% of meetings where our clients have given us authority to vote their shares, and therefore vote at approximately 16,000 shareholder meetings in approximately 85 markets each year. With regards to non-U.S. holdings, generally we estimate that we vote successfully at approximately 90% of meetings. Of the remaining, 8% are not voted due to shareblocking and 2% are not voted due to either the fund's leverage, impediments such as ballots received post cut-off date or post meeting date, or other restrictions like in-person attendance or power of attorney being required in order to vote. + +