Shareholder Proposal Support Nudges Up as Proposal Volume Falls, Broadridge ProxyPulse™ Report Finds
Broadridge released its 2026 ProxyPulse report, finding average shareholder support for proposals rose to 27.9% from 24.3% even as proposal volume declined. Environmental and social proposals voted on fell 47% year-over-year, while say-on-pay support hit a 10-year high and political-spending disclosure proposals averaged 42% support. The report also documents expanding retail participation: over 900 funds offered pass-through voting (up from ~400) with 400,000+ shareholders enrolled, and a record 2,542 virtual shareholder meetings were held.
Key figures
- Es proposal decline yoy
- 47%
- Retail shares owned increase
- 6 billion
- Retail shares voted increase
- 2 billion
- Virtual shareholder meetings
- 2542
- Funds offering pass through voting
- more than 900 (up from ~400)
- Shareholders enrolled pass through
- more than 400,000
- Political spending proposal support
- 42%
- Avg shareholder proposal support 2025
- 24.3%
- Avg shareholder proposal support 2026
- 27.9%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.