AMC - AMC Stock Rises As Annual Shareholder Meeting Results Roll In: What's Going On? | Benzinga
AMC Entertainment Holdings Inc (NYSE:AMC) held its annual shareholder meeting Wednesday and the early results are out.
What To Know: AMC’s annual meeting of shareholders kicked off at 2 p.m. ET. According to Benzinga Pro headlines citing Bloomberg, AMC shareholders voted to elect three new directors to its board after the company’s proposal to declassify the board of directors failed.
AMC proposed an amendment to its certificate of incorporation to declassify its board and shorten all existing terms to expire at the annual shareholder meeting. That proposal failed to get approved by shareholders on Wednesday.
AMC included ...