US EditionFLAGSTAR FINANCIAL, INC. ANNOUNCES PRELIMINARY RESULTS OF 2025 ANNUAL SHAREHOLDERS' MEETING
- Flagstar Financial, Inc. Disclosed the initial voting outcomes from its Annual Shareholders' Meeting conducted on June 4 in Hicksville, New York.
- The meeting followed a strategic turnaround plan started last year aiming to return Flagstar to profitability and transform it into a high-performing regional bank.
- Shareholders approved all three proposals with strong majorities, including electing three director nominees for three-year terms and ratifying KPMG as the accounting firm.
- More than 87% of outstanding shares were voted, and Joseph M. Otting, Chairman and CEO, expressed his satisfaction with the initial outcomes of the company's annual shareholder meeting.
- The high participation and approval rates reflect investor confidence in the Board and management's ability to execute Flagstar's strategic plan and enhance future performance.
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The Berkshire Eagle+34 Reposted by 34 other sources
FLAGSTAR FINANCIAL, INC. ANNOUNCES PRELIMINARY RESULTS OF 2025 ANNUAL SHAREHOLDERS' MEETING
HICKSVILLE, N.Y., June 4, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") announced today that, based on preliminary voting results from the 2025 Annual Shareholders' Meeting held earlier today, all three proposals passed with a strong majority of…
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