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Wow, that's almost as annoying as those shareholder lawsuit mailings where you spend 1hr digging through the materials and records and end up finding out you do not qualify.
Well, it has gotten a bit better now that you can get the materials in electronic form (pdf), but still.
I always do those proxy votes. It's easy enough to do online. I do it to vote against executive pay increases, and to vote against any affirmative action board members.
I own a lot of different stocks, and generally don't vote my shares because it isn't going to make any difference.
This year I got a couple of requests to cast my proxy vote from Arconic, which is part of the former Alcoa. That was odd, but I threw them out as usual.
They kept coming. It started to seem funny, so I started keeping them. Here's a photo of the 20 more proxy ballots they sent me:
The ridiculous number of ballots is probably related to this:
Anyone know exactly what happened? I suppose the vote is over now.
#investing