Home › Asset managers › Capital Group › 2024-2025 › Against the board
Two kinds of vote are listed: a board-sponsored proposal Capital Group voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.
Everything Only shareholder proposals it backed
1,345 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Capital Group voted | Funds |
|---|---|---|---|---|---|---|---|
| ASTRAZENECA PLC | April 11, 2025 | Authorise Issue of Equity without Pre-emptive Rights | Capital Structure | Board | AGAINST | 25 | |
| ASTRAZENECA PLC | April 11, 2025 | Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment | Capital Structure | Board | AGAINST | 25 | |
| META PLATFORMS INC. | May 28, 2025 | A shareholder proposal regarding report on child safety impacts and actual harm reduction to children. | Other Social Issues | Shareholder | Against | FOR | 24 |
| META PLATFORMS INC. | May 28, 2025 | To approve Meta Platforms, Inc.'s 2025 Equity Incentive Plan. | Compensation | Board | AGAINST | 24 | |
| COMCAST CORP. | June 18, 2025 | Advisory vote on executive compensation | Say-on-Pay | Board | AGAINST | 22 | |
| THERMO FISHER SCIENTIFIC INC. | May 21, 2025 | An advisory vote to approve named executive officer compensation. | Say-on-Pay | Board | AGAINST | 21 | |
| LVMH MOET HENNESSY LOUIS VUITTON SE | April 17, 2025 | Approve Issuance of Equity or Equity-Linked Securities Reserved for Qualified Investors, up to Aggregate Nominal Amount of EUR 20 Million | Capital Structure | Board | AGAINST | 20 | |
| LVMH MOET HENNESSY LOUIS VUITTON SE | April 17, 2025 | Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above | Capital Structure | Board | AGAINST | 20 | |
| LVMH MOET HENNESSY LOUIS VUITTON SE | April 17, 2025 | Authorize Capital Increase of Up to EUR 20 Million for Future Exchange Offers | Capital Structure | Board | AGAINST | 20 | |
| LVMH MOET HENNESSY LOUIS VUITTON SE | April 17, 2025 | Authorize Capital Increase of up to 20 Percent of Issued Capital for Contributions in Kind | Capital Structure | Board | AGAINST | 20 | |
| LVMH MOET HENNESSY LOUIS VUITTON SE | April 17, 2025 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 20 Million | Capital Structure | Board | AGAINST | 20 | |
| YUM! BRANDS INC. | May 15, 2025 | Election of Directors: Brian C. Cornell | Director Elections | Board | AGAINST | 19 | |
| ACCENTURE PLC | February 6, 2025 | Appointment of the following nominees to the Board of Directors: Nancy McKinstry | Director Elections | Board | AGAINST | 18 | |
| COMCAST CORP. | June 18, 2025 | Election of Directors: Thomas J. Baltimore, Jr. | Director Elections | Board | WITHHOLD | 18 | |
| SAFRAN SA | May 22, 2025 | Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 21-24 | Capital Structure | Board | AGAINST | 18 | |
| TOTALENERGIES SE | May 23, 2025 | Elect Hazel Clinton Fowler Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 16 | |
| ADOBE INC. | April 22, 2025 | Approve, on an advisory basis, the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 15 | |
| AIA GROUP LTD. | May 23, 2025 | Elect George Yong-boon Yeo as Director | Director Elections | Board | AGAINST | 14 | |
| AIA GROUP LTD. | May 23, 2025 | Elect Lawrence Juen-Yee Lau as Director | Director Elections | Board | AGAINST | 14 | |
| AIA GROUP LTD. | May 23, 2025 | Elect Narongchai Akrasanee as Director | Director Elections | Board | AGAINST | 14 | |
| ENGIE SA | April 24, 2025 | Elect Stefano Bassi as Representative of Employee Shareholders to the Board | Director Elections | Board | ABSTAIN | 14 | |
| KEYENCE CORP. | June 13, 2025 | Approve Allocation of Income, with a Final Dividend of JPY 175 | Capital Structure | Board | AGAINST | 14 | |
| KEYENCE CORP. | June 13, 2025 | Elect Director Nakata, Yu | Director Elections | Board | AGAINST | 14 | |
| KEYENCE CORP. | June 13, 2025 | Elect Director Takizaki, Takemitsu | Director Elections | Board | AGAINST | 14 | |
| MERCADOLIBRE INC. | June 17, 2025 | Election of Directors: Class III Nominees: Emiliano Calemzuk | Director Elections | Board | WITHHOLD | 14 | |
| COMPAGNIE FINANCIERE RICHEMONT SA | September 11, 2024 | Elect Gary Saage as Director | Director Elections | Board | AGAINST | 13 | |
| COMPAGNIE FINANCIERE RICHEMONT SA | September 11, 2024 | Ratify PricewaterhouseCoopers SA as Auditors | Audit-related | Board | ABSTAIN | 13 | |
| DAIKIN INDUSTRIES LTD. | June 27, 2025 | Approve Allocation of Income, with a Final Dividend of JPY 145 | Capital Structure | Board | AGAINST | 13 | |
| SHOPIFY INC. | June 17, 2025 | Advisory Vote on Executive Compensation Approach | Compensation | Board | AGAINST | 13 | |
| TENCENT HOLDINGS LTD. | May 14, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 13 | |
| TENCENT HOLDINGS LTD. | May 14, 2025 | Authorize Board to Fix Remuneration of Directors | Compensation | Board | AGAINST | 13 | |
| TENCENT HOLDINGS LTD. | May 14, 2025 | Elect Li Dong Sheng as Director | Director Elections | Board | AGAINST | 13 | |
| TENCENT HOLDINGS LTD. | May 14, 2025 | Elect Yang Siu Shun as Director | Director Elections | Board | AGAINST | 13 | |
| UNITEDHEALTH GROUP INC. | June 2, 2025 | Advisory approval of the Company's executive compensation. | Say-on-Pay | Board | AGAINST | 13 | |
| VALE SA | April 30, 2025 | Elect Fernando Jorge Buso Gomes as Director | Director Elections | Board | AGAINST | 13 | |
| VALE SA | April 30, 2025 | Percentage of Votes to Be Assigned - Elect Fernando Jorge Buso Gomes as Director | Director Elections | Board | AGAINST | 13 | |
| CANADIAN NATURAL RESOURCES LTD. | May 8, 2025 | Re-approve Stock Option Plan | Compensation | Board | AGAINST | 12 | |
| CONSTELLATION BRANDS INC. | July 17, 2024 | Election of Directors: Richard Sands | Director Elections | Board | AGAINST | 12 | |
| CONSTELLATION BRANDS INC. | July 17, 2024 | Election of Directors: Robert Sands | Director Elections | Board | AGAINST | 12 | |
| GENERAL MILLS INC. | September 24, 2024 | Shareholder Proposal - Plastic Packaging. | Environment or Climate | Shareholder | Against | FOR | 12 |
| MIDEA GROUP CO. LTD. | May 30, 2025 | Approve General Mandate to Issue Shares of the Company | Capital Structure | Board | AGAINST | 12 | |
| NESTLE SA | April 16, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 12 | |
| NESTLE SA | April 16, 2025 | Reelect Paul Bulcke as Director and Board Chair | Director Elections | Board | ABSTAIN | 12 | |
| AMERICA MOVIL SAB DE CV | November 8, 2024 | Set Aggregate Nominal Share Repurchase Reserve | Capital Structure | Board | AGAINST | 11 | |
| ANHEUSER-BUSCH INBEV SA/NV | April 30, 2025 | Approve Remuneration Report | Compensation | Board | AGAINST | 11 | |
| ANHEUSER-BUSCH INBEV SA/NV | April 30, 2025 | Reelect Alejandro Santo Domingo as Restricted Share Director | Director Elections | Board | AGAINST | 11 | |
| ANHEUSER-BUSCH INBEV SA/NV | April 30, 2025 | Reelect Martin J. Barrington as Restricted Share Director | Director Elections | Board | AGAINST | 11 | |
| ANHEUSER-BUSCH INBEV SA/NV | April 30, 2025 | Reelect Salvatore Mancuso as Restricted Share Director | Director Elections | Board | AGAINST | 11 | |
| DBS GROUP HOLDINGS LTD. | March 28, 2025 | Approve Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights | Capital Structure | Board | AGAINST | 11 | |
| META PLATFORMS INC. | May 28, 2025 | To approve, on a non-binding advisory basis, the compensation program for Meta Platforms, Inc.'s named executive officers as disclosed in Meta Platforms, Inc.'s proxy statement. | Say-on-Pay | Board | AGAINST | 11 | |
| NETEASE INC. | June 25, 2025 | Elect Alice Yu-Fen Cheng as Director | Director Elections | Board | AGAINST | 11 | |
| NETEASE INC. | June 25, 2025 | Elect Joseph Tze Kay Tong as Director | Director Elections | Board | AGAINST | 11 | |
| NETEASE INC. | June 25, 2025 | Elect Michael Man Kit Leung as Director | Director Elections | Board | AGAINST | 11 | |
| NIKE INC. | September 10, 2024 | To approve executive compensation by an advisory vote. | Say-on-Pay | Board | AGAINST | 11 | |
| AMERICA MOVIL SAB DE CV | April 30, 2025 | Approve Consolidated Financial Statements, Allocation of Income and Dividends | Capital Structure | Board | AGAINST | 10 | |
| GLENCORE PLC | May 28, 2025 | Authorise Issue of Equity without Pre-emptive Rights | Capital Structure | Board | AGAINST | 10 | |
| GRUPO MEXICO S.A.B. DE C.V | April 30, 2025 | Approve Remuneration of Directors and Members of Board Committees | Compensation | Board | AGAINST | 10 | |
| GRUPO MEXICO S.A.B. DE C.V | April 30, 2025 | Elect and/or Ratify Directors; Verify Independence of Board Members; Elect or Ratify Chairs and Members of Board Committees | Director Elections | Board | AGAINST | 10 | |
| HERMES INTERNATIONAL SCA | April 30, 2025 | Approve Issuance of Equity or Equity-Linked Securities Reserved for Specific Beneficiaries, up to 10 Percent of Issued Capital | Capital Structure | Board | AGAINST | 10 | |
| HERMES INTERNATIONAL SCA | April 30, 2025 | Approve Issuance of Equity or Equity-Linked Securities for Private Placements up to 20 Percent of Issued Capital | Capital Structure | Board | AGAINST | 10 | |
| HERMES INTERNATIONAL SCA | April 30, 2025 | Authorize Capital Increase of up to 10 Percent of Issued Capital for Contributions in Kind | Capital Structure | Board | AGAINST | 10 | |
| HERMES INTERNATIONAL SCA | April 30, 2025 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to 40 Percent of Issued Capital | Capital Structure | Board | AGAINST | 10 | |
| HERMES INTERNATIONAL SCA | April 30, 2025 | Delegate Powers to the Management Board to Decide on Merger, Spin-Off Agreement and Acquisition | Extraordinary Transactions | Board | AGAINST | 10 | |
| HERMES INTERNATIONAL SCA | April 30, 2025 | Delegate Powers to the Management Board to Issue Shares up to 40 Percent of Issued Capital in Connection with Item 27 Above | Extraordinary Transactions | Board | AGAINST | 10 | |
| LAS VEGAS SANDS CORP. | May 15, 2025 | An advisory (non-binding) vote to approve the compensation of the named executive officers. | Say-on-Pay | Board | AGAINST | 10 | |
| SMC CORP. (JAPAN) | June 27, 2025 | Elect Director Kagawa, Toshiharu | Director Elections | Board | AGAINST | 10 | |
| SMC CORP. (JAPAN) | June 27, 2025 | Elect Director Kaizu, Masanobu | Director Elections | Board | AGAINST | 10 | |
| UBER TECHNOLOGIES INC. | May 5, 2025 | Advisory vote to approve 2024 named executive officer compensation. | Say-on-Pay | Board | AGAINST | 10 | |
| BP PLC | April 17, 2025 | Re-elect Dame Amanda Blanc as Director | Director Elections | Board | ABSTAIN | 9 | |
| BP PLC | April 17, 2025 | Re-elect Helge Lund as Director | Director Elections | Board | AGAINST | 9 | |
| BP PLC | April 17, 2025 | Re-elect Murray Auchincloss as Director | Director Elections | Board | ABSTAIN | 9 | |
| CLOUDFLARE INC. | June 5, 2025 | Approval, on an advisory basis, of the compensation of our named executive officers. | Say-on-Pay | Board | AGAINST | 9 | |
| GALAXY ENTERTAINMENT GROUP LTD. | May 8, 2025 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 9 | |
| GALAXY ENTERTAINMENT GROUP LTD. | May 8, 2025 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 9 | |
| GALAXY ENTERTAINMENT GROUP LTD. | May 8, 2025 | Elect William Yip Shue Lam as Director | Director Elections | Board | AGAINST | 9 | |
| HEICO CORP. | March 14, 2025 | ELECTION OF HEICO'S BOARD OF DIRECTORS FOR THE ENSUING YEAR: Mark H. Hildebrandt | Director Elections | Board | AGAINST | 9 | |
| PT BANK CENTRAL ASIA TBK | March 12, 2025 | Approve Remuneration and Tantiem of Directors and Commissioners | Compensation | Board | AGAINST | 9 | |
| SCHNEIDER ELECTRIC SE | May 7, 2025 | Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Items 17-19 | Capital Structure | Board | AGAINST | 9 | |
| SCHNEIDER ELECTRIC SE | May 7, 2025 | Elect Alban de Beaulaincourt as Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 9 | |
| SCHNEIDER ELECTRIC SE | May 7, 2025 | Elect Amandine Petitdemange as Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 9 | |
| SCHNEIDER ELECTRIC SE | May 7, 2025 | Elect Francois Durif as Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 9 | |
| SCHNEIDER ELECTRIC SE | May 7, 2025 | Elect Gerard Le Gouefflec as Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 9 | |
| SCHNEIDER ELECTRIC SE | May 7, 2025 | Elect Venkat Garimella as Representative of Employee Shareholders to the Board | Director Elections | Board | AGAINST | 9 | |
| TDK CORP. | June 20, 2025 | Approve Allocation of Income, with a Final Dividend of JPY 16 | Capital Structure | Board | AGAINST | 9 | |
| TDK CORP. | June 20, 2025 | Elect Director Nakayama, Kozue | Director Elections | Board | AGAINST | 9 | |
| KB FINANCIAL GROUP INC. | March 26, 2025 | Elect Cha Eun-young as Outside Director | Director Elections | Board | AGAINST | 8 | |
| KB FINANCIAL GROUP INC. | March 26, 2025 | Elect Cha Eun-young as a Member of Audit Committee | Director Elections | Board | AGAINST | 8 | |
| KB FINANCIAL GROUP INC. | March 26, 2025 | Elect Choi Jae-hong as Outside Director | Director Elections | Board | AGAINST | 8 | |
| KB FINANCIAL GROUP INC. | March 26, 2025 | Elect Kim Seong-yong as Outside Director | Director Elections | Board | AGAINST | 8 | |
| KB FINANCIAL GROUP INC. | March 26, 2025 | Elect Yeo Jeong-seong as Outside Director | Director Elections | Board | AGAINST | 8 | |
| NETFLIX INC. | June 5, 2025 | Advisory approval of named executive officer compensation. | Say-on-Pay | Board | AGAINST | 8 | |
| STELLANTIS NV | April 15, 2025 | Approve Remuneration Report Containing Remuneration Policy for Management Board Members | Compensation | Board | AGAINST | 8 | |
| UNIVERSAL MUSIC GROUP NV | May 14, 2025 | Approve Remuneration Policy of Executive Board | Compensation | Board | AGAINST | 8 | |
| VALE SA | April 30, 2025 | Elect Joao Luiz Fukunaga as Director | Director Elections | Board | AGAINST | 8 | |
| VALE SA | April 30, 2025 | Percentage of Votes to Be Assigned - Elect Joao Luiz Fukunaga as Director | Director Elections | Board | AGAINST | 8 | |
| WOLFSPEED INC. | December 5, 2024 | ADVISORY (NONBINDING) VOTE TO APPROVE EXECUTIVE COMPENSATION. | Say-on-Pay | Board | AGAINST | 8 | |
| AGILON HEALTH INC. | May 28, 2025 | To approve, by advisory vote, the compensation paid to the Company's named executive officers. | Say-on-Pay | Board | AGAINST | 7 | |
| ATLASSIAN CORP. | December 11, 2024 | An advisory vote to approve the compensation of our named executive officers for the fiscal year ended June 30, 2024. | Say-on-Pay | Board | AGAINST | 7 | |
| BEIGENE LTD. | May 21, 2025 | THAT Mr. Qingqing Yi be and is hereby re-elected to serve as a Class III director of the Company until the 2028 annual general meeting of shareholders and until his successor is duly elected and qualified, subject to his earlier resignation or removal. | Director Elections | Board | AGAINST | 7 | |
| BEIGENE LTD. | May 21, 2025 | THAT Mr. Ranjeev Krishana be and is hereby re-elected to serve as a Class III director of the Company until the 2028 annual general meeting of shareholders and until his successor is duly elected and qualified, subject to his earlier resignation or removal. | Director Elections | Board | AGAINST | 7 |
Page 1 of 14 Next →
← Back to Capital Group 2024-2025 overview
Built November 1, 2026 from SEC Form N-PX filings.