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208 days

Costco shareholders reject anti-DEI proposal

1. Costco shareholders rejected a DEI risk reporting proposal overwhelmingly. 2. 98% voted against the conservative think tank's measure. 3. Costco's board supports its DEI initiatives amidst industry pullbacks. 4. Trump's rules may impact DEI programs for government contractors. 5. DEI initiatives are debated as beneficial or detrimental to shareholder value.

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FAQ

Why Neutral?

Shareholder rejection of the proposal shows strong support for DEI but does not directly impact profitability.

How important is it?

While relevant to corporate governance, the impact on COST's stock is indirect.

Why No Impact?

The decision primarily addresses governance without immediate financial implications, similar to past shareholder votes.

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