CORRECTION FROM SOURCE: PetroTal Announces Voting Results of Shareholders' Meeting
PetroTal corrected its earlier release to confirm that all resolutions at its June 23 annual meeting were approved, including the election of eight directors. Shareholders authorized a reverse stock split with a ratio range of 5:1 to 10:1, receiving 98% support, granting the board broad power to consolidate shares.
Key figures
- Votes for split
- 390026730
- Reverse split ratio
- 5:1 to 10:1
- Share unit plan pct
- 61.2%
- Votes for split pct
- 98.0%
- Auditor retention pct
- 99.7%
- Share unit plan votes
- 243690159
- Auditor retention votes
- 397040210
- Votes for directors avg pct
- ~97%
AI analysis
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