Cenovus reports voting results of election of Directors
Cenovus Energy Inc. held its annual meeting of shareholders on April 26, 2023, where all 13 proposed board nominees were elected.
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Rhea-AI Summary
Cenovus Energy Inc. held its annual meeting of shareholders on April 26, 2023, where all 13 proposed board nominees were elected. The votes indicated strong support for the nominees, with most receiving over 99% approval. For example, Keith M. Casey garnered 99.70% approval, while Alexander J. Pourbaix received 98.61%. This high level of endorsement reflects shareholder confidence in the company's governance and strategic direction. Cenovus Energy is an integrated energy firm focused on safe and cost-efficient management of its oil and natural gas operations in Canada and the Asia Pacific, as well as refining and marketing activities in North America. The company emphasizes its commitment to sustainable operations.
Positive
- All 13 board nominees received overwhelming support, with most exceeding 99% approval from shareholders.
- Strong shareholder confidence reflected in the election results, indicating stability in company governance.
Negative
- None.
Details
News Market Reaction – CVE
The recorded move for CVE in the trading session of this news was -1.53%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CALGARY, Alberta, April 26, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced that at its annual meeting of shareholders held on April 26, 2023, each of the 13 nominees proposed as Directors and listed in its Management Information Circular dated March 1, 2023 were elected as Directors. The detailed results of the vote are set out below.
| Nominee | Votes for | Votes against | ||
| Number | Percent | Number | Percent | |
| Keith M. Casey | 1,559,229,713 | 99.70 | 4,734,069 | 0.30 |
| Canning K.N. Fok | 1,231,407,696 | 78.74 | 332,556,083 | 21.26 |
| Jane E. Kinney | 1,559,102,298 | 99.69 | 4,861,482 | 0.31 |
| Harold N. Kvisle | 1,410,669,559 | 90.20 | 153,294,217 | 9.80 |
| Eva L. Kwok | 1,553,966,263 | 99.36 | 9,997,515 | 0.64 |
| Melanie A. Little | 1,562,443,606 | 99.90 | 1,520,175 | 0.10 |
| Richard J. Marcogliese | 1,545,933,492 | 98.85 | 18,030,287 | 1.15 |
| Jonathan M. McKenzie | 1,562,909,239 | 99.93 | 1,054,542 | 0.07 |
| Claude Mongeau | 1,552,494,272 | 99.27 | 11,469,509 | 0.73 |
| Alexander J. Pourbaix | 1,542,293,220 | 98.61 | 21,670,561 | 1.39 |
| Wayne E. Shaw | 1,558,024,607 | 99.62 | 5,939,174 | 0.38 |
| Frank J. Sixt | 1,234,147,174 | 78.91 | 329,816,606 | 21.09 |
| Rhonda I. Zygocki | 1,551,968,485 | 99.23 | 11,995,296 | 0.77 |
Cenovus Energy Inc.
Cenovus Energy Inc. is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The company is focused on managing its assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into its business plans. Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges, and the company’s preferred shares are listed on the Toronto Stock Exchange. For more information, visit cenovus.com.
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Cenovus contacts
| Investors | Media |
| Investor Relations general line 403-766-7711 | Media Relations general line 403-766-7751 |
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