Proxy Blog

Dollar General Corporation 

April 21, 2021

The annual proxy for this chain of neighborhood family stores had the following proposals: 

  1. Proforma votes on directors, appointment of auditors, and “say-on-pay” advisory vote 
  2. Board proposals on stock incentive plan and threshold for special meetings 
  3. Shareholder proposal on threshold for special meetings 

Magni voted as follows: 

  1. For proforma proposals.
    Directors – The disclosures meet the criteria in Magni’s policy on election of directors
    -Auditors – The company meets the criteria in Magni’s policy on auditor ratification.
    -Advisory vote – The disclosures meet the criteria in Magni’s policy on the advisory vote. 
  2. For board proposals.
    Stock incentive plan – Per Magni policy, Magni votes in favor of many of these proposals.
    -Threshold for special meetings – Per the Magni position paper, Magni routinely votes in favor of these proposals. 
  3. For shareholder proposal on threshold for special meetings – Per the Magni position paper, Magni routinely votes in favor of these proposals.