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IN BRIEF: Coca-Cola HBC sees sizeable opposition on pay report at AGM

17th May 2023 20:39

Coca-Cola HBC AG - Steinhausen, Switzerland-based soft-drink bottling company - Says proposal to re-elect Independent Non-Executive Director Charlotte Boyle receives opposition from just over 25% of votes at annual general meetings. Votes on UK and Swiss remuneration reports each see opposition of just under 32%. On the pay votes, Coca-Cola HBC says will initiate consultation with investors between now and next year's AGM. This will ensure "as many shareholders as possible are able to provide their feedback on remuneration matters". It wants an "approach to remuneration that aligns as closely as possible with the balance of shareholder views".

Current stock price: 2,535.00 pence

12-month change: up 48%

By Eric Cunha, Alliance News news editor

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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