Camden Property Trust (CPT, Financial) recently held its Annual Shareholder Meeting, where several significant matters were put to a vote. The meeting, which took place on May 9, 2025, saw participation from shareholders representing 95,370,706 common shares, either in person or by proxy. This represents a substantial portion of the 108,799,191 common shares outstanding as of the record date, excluding 2,041,118 shares held in the company's deferred benefit plans, which were not entitled to vote.
During the meeting, shareholders voted on the election of ten Trust Managers nominated by the Board of Trust Managers, each to serve a one-year term. Additionally, an advisory vote was conducted on the approval of executive compensation as disclosed in the Proxy Statement. The shareholders also ratified the selection of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year 2025.
All proposed matters received the requisite number of votes for approval, reflecting strong shareholder support for the company's leadership and strategic direction. The election of Trust Managers, in particular, saw 4,426,248 broker non-votes, yet still achieved the necessary approval.
This meeting underscores Camden Property Trust's commitment to transparency and shareholder engagement, as the company continues to navigate the complexities of the real estate market. For more detailed insights and analysis, visit GuruFocus.com.
Should you invest in Camden Property Trust (CPT, Financial) right now? Before you do it, it’s important to understand the business profitability and stock valuations, and find out what the warning signs are about. See the in-depth Camden Property Trust (CPT) stock research here.
