Tucows Inc. (NASDAQ:TCX), a provider of network access, domain names, and other Internet services, announced the results of its Annual Meeting of Shareholders held on Wednesday. Shareholders voted on several key issues, including the election of directors and the ratification of the company's independent auditors for the upcoming fiscal year.
In the election of directors, all eight nominees were elected to the Board of Directors for a one-year term. The elected directors are Erez Gissin, Elliot Noss, Jeffery Schwartz, Allen Karp, Robin Chase, Marlene Carl, Lee Matheson, and Gigi Sohn. Votes for the directors ranged from 6,015,041.50 to 7,660,135.50, with authority withheld ranging from 328,163.00 to 1,973,257.00. Additionally, there were 284,806.00 broker non-votes recorded for the election.
Furthermore, shareholders ratified the appointment of Deloitte LLP as the independent auditors for Tucows for the fiscal year ending December 31, 2024. The decision to retain Deloitte received overwhelming support, with 8,264,093.50 votes for, 3,165.00 against, and 5,846.00 abstentions.
The outcomes of the votes are part of the company's commitment to corporate governance and shareholder engagement. The announcement was made in accordance with a Form 8-K filed with the U.S. Securities and Exchange Commission on Friday, June 21, 2024.
The company, headquartered in Toronto, Ontario, Canada, has been a mainstay in the Internet services sector and continues to play a significant role in the industry. This shareholder meeting ensures that Tucows maintains its direction and oversight for the next year as it navigates the challenges and opportunities of the digital landscape.
The information provided in this article is based on the latest 8-K filing by Tucows Inc. with the Securities and Exchange Commission.
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