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Sprouts Farmers Market Shareholders Approve Key Proposals

Sprouts Farmers Market shareholders approve director elections, executive compensation, and auditor ratification at annual meeting.

Julianne Alice
ByJulianne Alice- Senior Editor
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Sprouts Farmers Market, Inc. (NASDAQ:SFM) held its annual shareholders meeting on Wednesday.

Shareholders voted on director elections, executive compensation, vote frequency, and auditor ratification.

The $8 billion market cap specialty grocer trades at $85.39, slightly above its fair value.

Joel D. Anderson and Terri Funk Graham were elected as Class I directors until 2027, with Anderson receiving 75,150,044 votes and Graham 72,609,684.

The advisory resolution on executive compensation for fiscal 2025 passed with 72,173,806 votes in favor.

Shareholders supported holding an annual say-on-pay vote, which the board adopted.

PricewaterhouseCoopers LLP was ratified as the independent auditor.

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