Requires issuers with multi-class share structures to disclose shareholder voting results.
The Multi-Class Stock Company Voting Transparency Act amends the Securities Exchange Act of 1934 to mandate that issuers with two or more classes of voting securities must disclose certain voting results to shareholders. Specifically, issuers must report the total number of votes cast for, against, or withheld, as well as the total number of abstentions and broker non-votes, disaggregated by class of voting security held. This applies to each meeting where shareholders vote as one class.
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