Home / Companies / Toromont Industries Ltd. / 2 May 2024
Toromont Industries Ltd.: meeting of 2 May 2024
Votes reported on Form N-PX, item by item
96 Form N-PX filers reported votes at the Toromont Industries Ltd. meeting of 2 May 2024. Their records fall into 6 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
DIRECTOR ELECTIONSIssuer
Director elections
9 nominees; 96.1% of reported votes for; 10 filers withheld from or voted against at least one nominee.
963 vote records from 65 filers. 1 of the 65 filers that marked the item either way voted against management.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
55 vote records from 37 filers. 3 of the 33 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
107 vote records from 65 filers. 2 of the 65 filers that marked the item either way voted against management.
SHAREHOLDER RIGHTS AND DEFENSESIssuer
SHAREHOLDER RIGHTS AND DEFENSES: management items
Management items in this category are shown together; filers word and number them differently.
107 vote records from 65 filers. 0 of the 65 filers that marked the item either way voted against management.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
222 vote records from 65 filers. 0 of the 65 filers that marked the item either way voted against management.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
7 vote records from 6 filers. 0 of the 1 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor |
|---|---|---|---|
| Vanguard | For | No report | For |
| BlackRock and iShares | For | No report | For |
| Fidelity | For | No report | For |
| Dimensional | For | No report | For |
| State Street and SPDR | For | No report | For |
| American Century | For | No report | For |
| Invesco | For | No report | For |
| Charles Schwab | For | No report | For |
| Nuveen and TIAA | For | No report | For |
| John Hancock and Manulife | For | For | For |
| Morgan Stanley, Eaton Vance and Calvert | For | No report | For |
| J.P. Morgan | For | For | For |
| Goldman Sachs | For | Split or no vote | For |
| PGIM and Prudential | For | No report | For |
| Jackson National funds | For | For | For |
| Northern Trust and FlexShares | For | For | For |
| SEI | For | No report | For |
| T. Rowe Price | For | No report | For |
| Thrivent | For | No report | For |
| Lincoln Financial | For | No report | For |
| Russell Investments | For | No report | For |
| Brighthouse Funds | For | No report | Abstain or withhold |
| Guggenheim and Rydex | For | No report | For |
| Principal | For | No report | For |
| Transamerica | For | No report | For |
| AllianceBernstein | For | No report | For |
| Hartford Funds | For | No report | Abstain or withhold * |
| PIMCO | For | No report | For |
* 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 Toromont Industries Ltd. meeting?
96 Form N-PX filers reported votes at the meeting of 2 May 2024. On say-on-pay, 3 of 33 voted against management (9.1%). 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 Toromont Industries Ltd. 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 Toromont Industries Ltd.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Toromont Industries Ltd. with a meeting date within three days of 2 May 2024. 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.