Welcome to our dedicated page for Ave Maria Growth news (Ticker: AVEGX), a resource for investors and traders seeking the latest updates and insights on Ave Maria Growth stock.
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The Texas Pacific Land Corporation (TPL) Board has declined to implement a declassification proposal favored by 55.9% of shareholders in a vote held on December 29, 2021. Schwartz Investment Counsel, Inc., a significant shareholder owning over 74,000 shares worth more than $96 million, argues this refusal undermines shareholders' interests. TPL's current staggered board structure allows only one-third of directors to stand for re-election annually. Schwartz advocates for annual re-elections to enhance accountability and responsiveness to shareholder will.
Schwartz Investment Counsel, Inc. has appointed Robert M. Geppner as Director of Strategic Planning for Ave Maria Mutual Funds to enhance its morally responsible investment strategies. Geppner, a seasoned professional with 34 years at Franklin Templeton Investments, aims to strengthen relationships with financial advisors. Ave Maria Mutual Funds, managing nearly $3 billion in assets, includes the $1 billion Ave Maria Growth Fund (AVEGX) and the $950 million Ave Maria Rising Dividend Fund (AVEDX). The firm seeks to expand its presence in the broker-dealer community amid rising interest in impact investing.