Pitney-Bowes (PBI) Comments on Hestia Actions, Says Management Remains Focused on Delivering Long Term Value
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Pitney Bowes Comments on Hestia Actions
January 23, 2023 10:44 AM ESTNo Shareholder Action Required at this Time
Management Remains Focused on Delivering Long Term Value for Shareholders
STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes (NYSE:PBI, the Company or Pitney Bowes), a global shipping and mailing company that provides technology, logistics, and financial services, today acknowledged receipt of Hestia Capitals (Hestia) notice of nomination of seven director candidates, constituting a majority slate of director candidates, to the Pitney Bowes Board of Directors (the Board) in connection with the Companys upcoming annual meeting of shareholders.
Consistent with its fiduciary duty to... More