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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Hospitality Properties Trust | NASDAQ:HPT | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.28 | 25.00 | 25.51 | 0 | 01:00:00 |
Hospitality Properties Trust (Nasdaq: HPT) today announced the results of its 2019 Annual Meeting of Shareholders, which was held today.
Donna D. Fraiche was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Trustee is as follows:
Trustee
Percentage of Shares Voted For
Donna D. Fraiche 59.0%Adam D. Portnoy was re-elected as a Managing Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Trustee is as follows:
Trustee
Percentage of Shares Voted For
Adam D. Portnoy 57.8%Shareholders approved a non-binding advisory resolution to approve the compensation of its named executive officers.
Proposal
Percentage of Shares Voted For
Resolution to Approve Executive Compensation 56.3%Shareholders ratified the appointment of Ernst & Young LLP as RMR’s independent auditors to serve for the 2019 fiscal year. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:
Proposal
Percentage of Shares Voted For
Ratification of Independent Auditors 98.7%Shareholders approved an amendment to the Company’s Declaration of Trust so that in a contested election Trustees are elected by a plurality of the votes cast by shareholders.
Proposal
Percentage of Shares Outstanding For
Plurality Vote in Contested Elections 76.3%Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, Washington, DC, Puerto Rico and Canada. HPT's properties are operated under long term management or lease agreements. HPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190613005763/en/
Katie Strohacker, Senior Director, Investor Relations(617) 796-8232www.hptreit.com
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