RB Global Reports on Voting Results From the 2025 Annual and Special Meeting of Shareholders | RBA Stock News

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May 06, 2025
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  • RB Global, Inc. (RBA, Financial) held its Annual and Special Meeting of Shareholders on May 5, 2025, with a shareholder representation of approximately 89.62% of eligible votes.
  • The meeting saw the successful election of all proposed directors, with Jim Kessler receiving the highest support at 168,459,097 votes for and 272,551 against.
  • RB Global offers a comprehensive marketplace for commercial assets and vehicles, operating through brands like Ritchie Bros. and IAA.

RB Global, Inc. (RBA) reported the voting outcomes from its Annual and Special Meeting of Shareholders, which took place on May 5, 2025. A robust shareholder turnout was observed, with 171,979,474 common shares and 485,000,000 Series A senior preferred shares represented, amounting to about 89.62% of total eligible votes.

The election of directors was a key agenda at the Meeting. Jim Kessler topped the list of directors elected, securing 168,459,097 votes in favor and only 272,551 against. Other directors, including Robert G. Elton and Sarah Raiss, also received significant shareholder approval, reaffirming the board's current structure.

RB Global operates as a leading, omnichannel marketplace offering insights, services, and transaction solutions for the buying and selling of commercial assets and vehicles. The company includes notable brands such as Ritchie Bros., IAA, and SmartEquip, providing services across various sectors including automotive, construction, and government surplus. With a market cap of $18.28 billion and a strong institutional ownership of 95.78%, RB Global continues to expand its influence and presence in the global market.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.