FILE PHOTO: A Smith & Wesson logo is displayed during the annual National Rifle Association (NRA) convention in Dallas, Texas, U.S., May 6, 2018. REUTERS/Lucas Jackson
BOSTON (Reuters) – Smith & Wesson parent American Outdoor Brands Corp (AOBC.O) failed to win a majority of shareholder support for its executive pay, according to a transcript of the gunmaker’s annual meeting held on Tuesday.
Traditionally just a small fraction of U.S. companies fail to win a majority of support for the advisory measures. In addition a stockholder proposal calling for the company to adopt a human rights policy was not approved, the company said.
Reporting by Ross Kerber; Editing by Chizu Nomiyama