The Xstrata plc annual general meeting

The Xstrata plc annual general meeting was held yesterday in Switzerland (the company's shares are listed on the London and Swiss Stock Exchanges). Much attention was focused on resolution 3 - the approval of the company's remuneration report - given the controversy over remuneration policy at the company. Just over 70% of shareholders voted on this resolution and of those 31% voted against the report. This is noteworthy given that such resolutions are usually passed with little dissent. The AGM results are available here (pdf). For further background about remuneration at the company, see here.