A pair of active investors with a reputation for filing proposals that benefit average shareholders have their sights set on H&R Block Inc.
John Chevedden, on behalf of Kenneth Steiner, seek to revise a rule in the company’s bylaws that requires shareholders to own at least 3 percent of common stock and hold it continuously for at least three years to make nominations to the company’s board.
The board installed the measure in June 2015. The rule blocks most shareholders from making director…
A pair of active investors with a reputation for filing proposals that benefit average shareholders have their sights set on H&R Block Inc.
John Chevedden, on behalf of Kenneth Steiner, seek to revise a rule in the company’s bylaws that requires shareholders to own at least 3 percent of common stock and hold it continuously for at least three years to make nominations to the company’s board.
The board installed the measure in June 2015. The rule blocks most shareholders from making director…