Starboard Value Nominates Three Highly Qualified and Independent Candidates for Election to Algonquin Power’s Board of Directors
Algonquin Power & Utilities Corp. Common Shares (AQN)
Last algonquin power & utilities corp. common shares earnings: 2/27 07:54 pm
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algonquinpower.com
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard” or “we”) is the largest shareholder of Algonquin Power & Utilities Corp. (NYSE: AQN) (TSE: AQN) (“Algonquin” or the “Company”) with an ownership stake of approximately 9.0%. Today, Starboard announced that it has nominated three highly qualified candidates (the “Starboard Nominees”) for election to the Company’s Board of Directors (the “Board”) at the 2024 Annual General Meeting of Shareholders (the “Annual Meeting”), which has been scheduled for June 4, 2024. The Starboard Nominees are Brett Carter, Chris Lopez and Rob Schriesheim.In connection with its nominations, Starboard sent the below letter to the members of the Board.March 21, 2024Board of DirectorsAlgonquin Power & Utilities Corp.354 Davis RoadOakville, OntarioCanada L6J 2X1Dear Members of the Board,As you know, Starboard Value LP (together with its affiliates, “Starboard”) is the largest shareholder of Algonquin Power & Utilities Co
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- Algonquin Power & Utilities Corp. (NYSE: AQN) had its price target lowered by analysts at Scotiabank from $7.50 to $6.50. They now have a "sector perform" rating on the stock.MarketBeat
- Algonquin Power & Utilities Corp. to Add Brett Carter and Christopher Lopez to the Board of Directors [Yahoo! Finance]Yahoo! Finance
- Algonquin Power & Utilities Corp. to Add Brett Carter and Christopher Lopez to the Board of DirectorsPR Newswire
- Algonquin Power & Utilities Corp. (NYSE: AQN) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Algonquin Power & Utilities Corp. Announces Date for First Quarter 2024 Financial Results and Conference CallPR Newswire