The recent Origin Energy Scheme (which was not approved) is interesting:
- 68.92% of the votes cast by Origin shareholders in favour of the Scheme (Target >75%); and
- 77.83% of Origin shareholders present and voting at the meeting in favour of the Scheme (Target >50%).
The Scheme was rejected on votes cast (led by opposition from AusSuper).
Of the 122,057 Origin shareholders (see AGM Aug23), only 35,340 (~29%) actually voted (For=27505 or 77.83% and Against=7835) and comfortably passing the Target >50%).
The recent Origin Energy Scheme (which was not approved) is...
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