Vale minority shareholders elect independent member to board [Reuters]
VALE S.A. American Depositary Shares Each Representing one common share (VALE)
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm
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Source: Reuters
Vale minority shareholders elect independent member to board - Reuters 1 Min Read RIO DE JANEIRO (Reuters) - Minority shareholders of Brazilian iron ore miner Vale SA succeeded in electing a representative to the board of directors at the company’s shareholder meeting on Tuesday, a person who attended the meeting told Reuters. Independent member Patricia Bentes was elected under a new cumulative voting system instead of a single vote to approve all names proposed by controlling shareholders. In March, Vale proposed enlarging its board by adding one independent member two months after nearly 300 people died when a mining dam operated by the company burst. Broker Vic DTVM and fund Geracao Futuro Lpar proposed Bentes, who shut out Clarissa Lins, the candidate presented by controlling shareholders. Vale’s controlling shareholders are Bradespar SA, Japan’s Mitsui & Co Ltd and Litel, which holds the stakes of some Brazilian pension funds. Reporting by Marta Nogueira; Writing by Anthony Boad
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VALE
News
- Vale S.A. (NYSE: VALE) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $15.00 price target on the stock, up previously from $13.00.MarketBeat
- Brazil Rejects Vale-BHP's Offer in 2015 Deadly Dam Collapse [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Brazil Wants Next Vale CEO to Be Closer to Government [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Manara Minerals acquires 10% of Vale Base Metals for $2.5 bln [Seeking Alpha]Seeking Alpha
- Vale announces completion of strategic partnership agreement with Manara MineralsPR Newswire
VALE
Earnings
- 4/25/24 - Miss
VALE
Sec Filings
- 5/10/24 - Form 6-K
- 5/9/24 - Form 6-K
- 5/9/24 - Form 6-K
- VALE's page on the SEC website