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Tri-Continental Corporation Announcements Regarding 93rd Annual Meeting of Stockholders
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
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Rhea-AI Summary
The Board of Directors of Tri-Continental Corporation (NYSE: TY) has announced its 93rd Annual Meeting of Stockholders, scheduled for June 20, 2023, in Minneapolis, MN. The record date for stockholders entitled to vote is April 11, 2023. Key agenda items include the election of one new director, Janet Langford Carrig, and the re-election of three existing directors for continued service until 2026. Additionally, the selection of PricewaterhouseCoopers LLP as the accounting firm for the 2023 fiscal year will be ratified. Detailed information will be provided in a forthcoming notice and proxy statement.
Positive
Election of new director, enhancing board diversity and expertise.
Re-election of experienced directors, ensuring continuity in governance.
Selection of reputable accounting firm, PricewaterhouseCoopers LLP, for financial oversight.
Negative
None.
BOSTON--(BUSINESS WIRE)--
The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation’s 93rd Annual Meeting of Stockholders will be held on June 20, 2023 (the Meeting) in Minneapolis, MN. The close of business on April 11, 2023 has been fixed by the Corporation’s Board as the record date for the determination of Stockholders entitled to notice of, and to vote at, the Meeting or any postponement or adjournment thereof.
At the Meeting, Stockholders will be asked to elect one director, Ms. Janet Langford Carrig, to the Board, to hold office until the 2025 Annual Meeting of Stockholders, and to re-elect three other directors, Mses. Patricia M. Flynn and Catherine James Paglia, and Mr. Brian J. Gallagher, to the Board, each to hold office until the 2026 Annual Meeting of Stockholders, and all until their successors are elected and qualify; to consider the ratification of the Board’s selection of PricewaterhouseCoopers LLP as the Corporation’s independent registered public accounting firm for the 2023 fiscal year; and to consider such other matters as may properly come before the Meeting or any postponement or adjournment thereof. This and other information relating to the Meeting, including additional details of the Meeting time and how to access the Meeting, will be described in a notice of meeting and proxy statement that the Corporation intends to file with the Securities and Exchange Commission.
The Corporation is managed by Columbia Management Investment Advisers, LLC. This material is distributed by Columbia Management Investment Distributors, Inc., member FINRA.
Investors should consider the investment objectives, risks, charges, and expenses of the Corporation carefully before investing. A prospectus containing information about the Corporation (including its investment objectives, risks, charges, expenses, and other information about the Corporation) may be obtained by contacting your financial advisor or visiting columbiathreadneedleus.com. The prospectus should be read carefully before investing in the Corporation. For more information, please call 1-800-345-6611 or visit columbiathreadneedleus.com.
Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.
When is the 93rd Annual Meeting of Stockholders for Tri-Continental Corporation?
The 93rd Annual Meeting of Stockholders for Tri-Continental Corporation is scheduled for June 20, 2023.
Who are the directors up for election at the Tri-Continental Corporation meeting?
At the meeting, Janet Langford Carrig is up for election, while Patricia M. Flynn, Catherine James Paglia, and Brian J. Gallagher are up for re-election.
What is the record date for Tri-Continental Corporation stockholders to vote?
The record date for stockholders entitled to vote is April 11, 2023.
What accounting firm is being ratified for Tri-Continental Corporation?
The accounting firm being ratified is PricewaterhouseCoopers LLP.