Important PETA is the voice of corporates

IndianMascot

Core Member
Finally


3bc8b4df5c9623d78cf8b2680de0e186.jpg


Posted using Entertainment Forum app
 

Technoglitch

Core Member
PETA has shares in more than 70 companies, and buys the minimum amount of stock needed to submit shareholder proposals for a vote at their annual meetings. It’s a strategy PETA plans to employ Wednesday, as it submits a statement to SeaWorld Entertainment Inc.’s SEAS+1.23% annual meeting from PETA representative and pro-surfer Kelly Slater.
PETA’s holdings range from SeaWorld to pharmaceutical, food, retail and biotechnology companies, including names like McDonald’s Corp. MCD+0.07% General Electric Co.GE-2.18% and Lululemon Athletica Inc.LULU+0.49% .

“We choose to act as a shareholder only as necessary, If the company is not making forward progress on animal welfare issues.” said Stephanie Shaw, corporate affairs specialist at PETA.

To be eligible to submit a proposal, a shareholder must own at least $2,000 in market value, or 1% of a company’s shares. The shareholder has to hold on to that stock for at least one year before submitting a proposal and must hold the shares through the meeting, according to the Securities and Exchange Commission.

Why PETA invests in companies it labels animal abusers - MarketWatch
 

scorpionking76

EntMnt Knight
This is called #Tamizhan and nice way for apolitical and noble protest. Irrespective of party in power and opposition everyone united for a temporary solution at most. #Tamizhan #jallikattu

:cheers:
 
Top