US EditionActivists up Japanese campaigns to record high
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Activists up Japanese campaigns to record high
Activist hedge funds and institutional investors are launching a record 137 proposals at Japanese companies ahead of this year’s AGM season, according to a report by Bloomberg citing data from Mitsubishi UFJ Trust & Banking. It’s the highest tally since data tracking began, underscoring a major uptick in shareholder pressure on corporate Japan to deliver genuine growth rather than rely on buybacks and dividends. Among the most aggressive moves O…
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