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Market Chatter: Exxon Mobil Faces No Shareholder Proposals This Proxy Season
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Market Chatter: Exxon Mobil Faces No Shareholder Proposals This Proxy Season
Apr 8, 2025 6:42 AM

09:14 AM EDT, 04/08/2025 (MT Newswires) -- Exxon Mobil ( XOM ) is facing no shareholder proposals this proxy season for the first time in at least 25 years, Bloomberg reported Tuesday.

The report said Exxon received one proposal but the US Securities and Exchange Commission agreed to discard it because it sought to "micromanage the company."

The absence of shareholder proposals follows a year during which the company sued two investors to remove climate-focused proposals that Exxon described as "extreme agenda."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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