Bloomberg Law
Jan. 19, 2023, 10:56 PMUpdated: Jan. 20, 2023, 12:19 AM

Costco Shareholders Reject Reproductive Rights Proposal (1)

Clara Hudson
Clara Hudson

Costco Wholesale Corp. shareholders voted against a proposal on Thursday seeking more information on the risks reproductive rights restrictions will have on the company’s business.

The company didn’t give a precise count during its annual meeting, but said the proposal secured less than 15% of shareholder votes. The proposal, submitted by Arjuna Capital, sought a public report within six months detailing the potential risks and costs to the company prompted by state policies restricting reproductive rights. The company said results will be updated once additional votes that were made at the company’s annual meeting are counted.

Tony James, Costco’s ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.