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Costco Shareholders Reject Reproductive Rights Proposal (1)

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

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 ...