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Home / Companies / TBS Holdings, Inc. / 27 Jun 2025

Meeting · year to 30 June 202536 filers reporting

TBS Holdings, Inc.: meeting of 27 Jun 2025

Votes reported on Form N-PX, item by item

36 Form N-PX filers reported votes at the TBS Holdings, Inc. meeting of 27 Jun 2025. Their records fall into 12 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.

foragainstabstain, withhold or otheramber tick: the portion cast against management

Items

1

DIRECTOR ELECTIONSIssuer

Director elections

10 nominees; 78.9% of reported votes for; 35 filers withheld from or voted against at least one nominee.

530 vote records from 35 filers. 2 of the 35 filers that marked the item either way voted against management.

94.3% for5.7% against5.7% against management35 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

1 vote records from 1 filers. No filer marked a management recommendation, so no against-management figure is reported. 1 filer reported this item without a management mark.

100.0% for0.0% against1 filers100.0% for0.0% against47,792 reported shares
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

7 vote records from 6 filers. 0 of the 6 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management6 filers100.0% for0.0% against0.0% against management824,700 reported shares
4

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

Management items in this category are shown together; filers word and number them differently.

98 vote records from 35 filers. 2 of the 35 filers that marked the item either way voted against management.

48.6% for5.7% against45.7% other5.7% against management35 filers57.2% for42.8% against42.8% against management9,607,792 reported shares, counted once per item in this group
5

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

152 vote records from 35 filers. 0 of the 35 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management35 filers85.4% for14.6% against14.6% against management14,256,138 reported shares, counted once per item in this group
6

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

Management items in this category are shown together; filers word and number them differently.

57 vote records from 31 filers. 0 of the 31 filers that marked the item either way voted against management.

93.5% for0.0% against6.5% other0.0% against management31 filers93.9% for6.1% against6.1% against management5,219,046 reported shares, counted once per item in this group
7

OTHERIssuer

OTHER: management items

Management items in this category are shown together; filers word and number them differently.

15 vote records from 10 filers. 0 of the 4 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.

40.0% for0.0% against60.0% other0.0% against management10 filers100.0% for0.0% against0.0% against management254,000 reported shares, counted once per item in this group
8

CAPITAL STRUCTURESecurity holder

Initiate Share Repurchase Program

38 vote records from 23 filers. 9 of the 23 filers that marked the item either way voted against management.

39.1% for60.9% against39.1% against management23 filers84.7% for15.3% against84.7% against management3,756,146 reported shares
9

CAPITAL STRUCTURESecurity holder

Approve Additional Dividend so that Annual Dividend per Share Equals to 60 Percent of Earnings per Share

33 vote records from 20 filers. 9 of the 20 filers that marked the item either way voted against management.

45.0% for55.0% against45.0% against management20 filers91.6% for8.4% against91.6% against management3,474,653 reported shares
10

CAPITAL STRUCTURESecurity holder

Shareholder Proposal: Approve Appropriation of Surplus

15 vote records from 12 filers. 6 of the 12 filers that marked the item either way voted against management.

50.0% for50.0% against50.0% against management12 filers64.9% for35.1% against64.9% against management1,270,800 reported shares
11

CAPITAL STRUCTURESecurity holder

Shareholder Proposal: Approve Purchase of Own Shares

15 vote records from 12 filers. 6 of the 12 filers that marked the item either way voted against management.

50.0% for50.0% against50.0% against management12 filers64.9% for35.1% against64.9% against management1,270,800 reported shares
12

Several categoriesSecurity holder

Shareholder proposals (not separable from the filings)

Filers described these proposals in wordings that could not be matched to one another, so they are shown together.

5 vote records from 3 filers. 0 of the 3 filers that marked the item either way voted against management.

0.0% for100.0% against0.0% against management3 filers0.0% for100.0% against0.0% against management281,493 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors3. Auditor8. Proposal9. Proposal10. Proposal11. Proposal
VanguardForNo reportAgainstAgainstNo reportNo report
BlackRock and iSharesForNo reportNo reportNo reportAgainstAgainst
FidelityForNo reportAgainstAgainstNo reportNo report
DimensionalForNo reportFor *For *No reportNo report
State Street and SPDRForNo reportAgainstAgainstNo reportNo report
American CenturyForNo reportAgainstAgainstNo reportNo report
Franklin TempletonForNo reportFor *For *No reportNo report
EquitableForNo reportFor *For *No reportNo report
Charles SchwabForNo reportAgainstNo reportNo reportNo report
Nuveen and TIAAForNo reportAgainstAgainstNo reportNo report
J.P. MorganAgainst *ForNo reportNo reportFor *For *
Columbia ThreadneedleForNo reportFor *For *No reportNo report
BNY MellonForNo reportAgainstAgainstNo reportNo report
MFSForNo reportFor *For *No reportNo report
Harbor FundsForForNo reportNo reportFor *For *
Neuberger BermanForNo reportAgainstNo reportNo reportNo report

* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.

Questions

How did large funds vote at the TBS Holdings, Inc. meeting?

36 Form N-PX filers reported votes at the meeting of 27 Jun 2025. 4 proposals from security holders could be told apart in the filings. The family table lists each of the largest families item by item.

Is this the meeting result?

No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by TBS Holdings, Inc. on Form 8-K.

Why are director elections shown as counts only?

Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.

Every meeting on file for TBS Holdings, Inc.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing TBS Holdings, Inc. with a meeting date within three days of 27 Jun 2025. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.