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Foraco International SA (FRACF) reports corporate-governance developments tied to its ordinary and extraordinary general meetings of shareholders. Recurring company updates include director-election results, voting mechanics under French law, management proxy circular matters and disclosures made to meet Toronto Stock Exchange requirements. The company's meeting reports also reference statutory filings that document complete voting results.
Foraco (OTC:FRACF) announced results of its April 15, 2026 shareholder meeting in Lunel, France, confirming election of the director slate and a shareholder vote to declare a nil dividend for fiscal 2025.
All director nominees were adopted; vote tallies show support ranging from 88.18% to 94.19%. The nil dividend was approved by 99.91% of votes. Statutory filings and full voting reports are available on SEDAR+.
Foraco International SA (TSX: FAR) held its ordinary and extraordinary general meeting on April 17, 2025, in Lunel, France, where shareholders voted on the election of directors and dividend matters.
All director nominees were successfully elected with strong approval rates:
- Daniel Simoncini (97.48% approval)
- Barreme Conseil SAS represented by Jean-Pierre Charmensat (93.56% approval)
- Bruno Chabas (97.19% approval)
- Warren Holmes (97.19% approval)
- Jorge Hurtado (97.19% approval)
Additionally, shareholders voted 99.96% in favor of declaring a nil dividend for the 2024 fiscal year.