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Freightways Shareholders Approve Key Resolutions Amid Global Outage

Story Highlights
  • Freightways operates in logistics, offering courier and mail services in New Zealand and Australia.
  • Shareholders approved director elections and fee increases, strengthening governance despite a global outage.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Freightways Shareholders Approve Key Resolutions Amid Global Outage

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Freightways ( (FTWYF) ) has provided an announcement.

Freightways Group Limited held its 2025 Annual Shareholders Meeting in Auckland, where shareholders approved four key resolutions. These included the re-election of David Gibson and the election of Grant Devonport as directors, an increase in the annual directors’ fee pool by $85,000, and authorization for directors to set auditors’ remuneration. Despite a global Microsoft outage affecting online participation, shareholders were able to vote via email, ensuring their voices were heard. The resolutions are expected to strengthen the company’s governance and operational oversight, potentially enhancing its industry positioning.

More about Freightways

Freightways Group Limited operates in the logistics and courier industry, providing express package services and business mail solutions primarily in New Zealand and Australia. The company focuses on delivering efficient and reliable logistics solutions to its customers, catering to both domestic and international markets.

For a thorough assessment of FTWYF stock, go to TipRanks’ Stock Analysis page.

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