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Exxon shareholders back Texas move, reject retail voting proposal

Exxon Mobil shareholders approve Texas relocation, reject retail investor voting proposal. Bond.az reports.

Daniel Rodriguez
ByDaniel Rodriguez- Senior Editor
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Exxon Mobil shareholders approved the company's plan to redomicile in Texas, a win for the top U.S. oil producer despite two leading proxy advisory firms advising investors to vote against the proposal.

Shareholders also rejected a proposal to add more automatic voting options to Exxon's retail investor voting program. Exxon's board opposed that proposal.

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