AGM/EGMMay 7, 2026, 05:08 PM
Obsidian Energy Shareholders Approve All Resolutions at AGM
AI Summary
Obsidian Energy announced that shareholders approved all resolutions at its Annual and Special Meeting held on May 7, 2026. Key approvals included the appointment of KPMG LLP as auditor, the election of seven director nominees, and the company's approach to executive compensation. Shareholders also approved amendments to the stock option plan and the allocation of options and share unit awards until May 7, 2029.
Key Highlights
- KPMG LLP appointed as auditor for the ensuing year.
- Seven director nominees elected with "For" votes ranging from 90.8% to 97.7%.
- Non-binding advisory vote on executive compensation approved with 84.3% "For".
- Amendments to the stock option plan approved with 91.0% "For".
- Unallocated options under the stock option plan approved with 90.8% "For".
- Unallocated share unit awards under the award plan approved with 90.7% "For".
Price Impact
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