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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

Steel & Tube changes get shareholders’ tick of approval

Steel & Tube shareholders approve a 37% increase in directors' fees.

Jenny Ruth
Fri, 17 Nov 2017

Usually, when a company that is performing poorly asks shareholders to approve a big hike in directors' fees, that tends to invite a shareholder rebellion.

But Steel & Tube Holdings shareholders overwhelmingly approved a $155,000 increase in the directors’ fee pool to $575,000 with nearly 87%

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Jenny Ruth
Fri, 17 Nov 2017
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Steel & Tube changes get shareholders’ tick of approval
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