AT&T stockholders re-elect board, approve executive compensation

AT&T Inc. (NYSE: T) held its annual stockholder meeting on May 14, with all 10 nominees to the company's board of directors re-elected to one-year terms.

Stockholders approved several board-proposed items during the virtual meeting held in Dallas. The ratification of Ernst & Young as the company's independent auditor received 93.25% of votes cast in favor. Executive compensation was approved in an advisory vote with 93.05% support.

Other approved measures included an amendment to the company's Restated Certificate of Incorporation to provide for officer exculpation, which received 53.88% of shares outstanding. The 2026 incentive plan garnered 96.22% of votes cast in favor, while the stock purchase and deferral plan received 98.67% approval.

Two stockholder-submitted proposals were defeated. A proposal regarding shareholder right to act by written consent was rejected with 67.90% of votes cast against it. An EEO-1 report disclosure policy proposal was also defeated, with 71.41% of votes cast in opposition.

The company stated that final voting results will be filed with the SEC and posted on AT&T's investor relations website and proxy website when available, according to the press release.

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