Home › Asset managers › Invesco › 2025-2026 › Against the board
At least 6,019 proposals in the 2025-2026 proxy season: Invesco voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 19 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Invesco voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.
Everything Only shareholder proposals it backed
6,019 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Invesco voted | Funds |
|---|---|---|---|---|---|---|---|
| PT Bank Mandiri (Persero) Tbk | April 29, 2026 | Approve Share Repurchase Program and the Transfer of Buyback Shares Held as Treasury Stock | Capital Structure | Board | AGAINST | 2 | |
| PT Bank Negara Indonesia (Persero) Tbk | March 9, 2026 | Approve Share Repurchase Program and Transfer of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| PT Kalbe Farma Tbk | May 21, 2026 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 2 | |
| PT United Tractors Tbk | April 16, 2026 | Approve Changes in the Boards of the Company | Director Elections | Board | AGAINST | 2 | |
| PagSeguro Digital Ltd. | December 19, 2025 | Elect Director Alexandre Magnani | Director Elections | Board | AGAINST | 2 | |
| PagSeguro Digital Ltd. | December 19, 2025 | Elect Director Artur Schunck | Director Elections | Board | AGAINST | 2 | |
| Pan Ocean Co., Ltd. | March 27, 2026 | Elect Kim Young-mo as Outside Director | Director Elections | Board | AGAINST | 2 | |
| Perella Weinberg Partners | May 27, 2026 | To elect three Class directors to our Board of Directors: Robert K. Steel | Director Elections | Board | WITHHOLD | 2 | |
| Perma-Pipe International Holdings, Inc. | June 24, 2026 | To approve, on an advisory basis, the compensation of the Company's named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 2 | |
| Perseus Mining Limited | November 20, 2025 | Elect John McGloin as Director | Director Elections | Board | AGAINST | 2 | |
| Perseus Mining Limited | November 20, 2025 | Elect Rick Menell as Director | Director Elections | Board | AGAINST | 2 | |
| Persistent Systems Limited | July 21, 2025 | Approve Reappointment and Remuneration of Sandeep Kalra as Executive Director | Compensation | Board | AGAINST | 2 | |
| PetMed Express, Inc. | January 21, 2026 | An advisory (non-binding) vote to approve named executive officer compensation; | Say-on-Pay | Board | AGAINST | 2 | |
| Petronet Lng Limited | September 24, 2025 | Reelect Milind Torawane as Director | Director Elections | Board | AGAINST | 2 | |
| Petronet Lng Limited | January 10, 2026 | Approve Extension of Tenure and Remuneration of Pramod Narang as Director (Technical) | Compensation | Board | AGAINST | 2 | |
| Pirelli & C. SpA | June 25, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Playtech Plc | May 20, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Playtech Plc | May 20, 2026 | Re-elect Samy Reeb as Director | Director Elections | Board | AGAINST | 2 | |
| Pliant Therapeutics, Inc. | June 11, 2026 | To approve, by non-binding advisory vote, the resolution approving Named Executive Officer compensation. | Say-on-Pay | Board | AGAINST | 2 | |
| Pony AI Inc. | April 2, 2026 | Adopt 2026 Share Scheme | Compensation | Board | AGAINST | 2 | |
| Pony AI Inc. | April 2, 2026 | Approve Grant of RSUs to Jun Peng Pursuant to the 2026 Share Scheme | Compensation | Board | AGAINST | 2 | |
| Pony AI Inc. | April 2, 2026 | Approve Grant of RSUs to Tiancheng Lou Pursuant to the 2026 Share Scheme | Compensation | Board | AGAINST | 2 | |
| Pony AI Inc. | April 2, 2026 | Approve Individual Limit under the 2026 Share Scheme | Compensation | Board | AGAINST | 2 | |
| Pony AI Inc. | April 2, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for Additional Class A Ordinary Shares and/or ADSs | Capital Structure | Board | AGAINST | 2 | |
| Pony AI Inc. | April 2, 2026 | Approve Scheme Limit under the 2026 Share Scheme | Compensation | Board | AGAINST | 2 | |
| Pony AI Inc. | April 2, 2026 | Approve Service Providers Limit under the 2026 Share Scheme | Compensation | Board | AGAINST | 2 | |
| Pony AI Inc. | April 2, 2026 | Authorize Reissuance of Additional Shares and/or ADSs | Capital Structure | Board | AGAINST | 2 | |
| Pop Mart International Group Limited | May 13, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| Pop Mart International Group Limited | May 13, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Pop Mart International Group Limited | May 13, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 2 | |
| Pop Mart International Group Limited | May 13, 2026 | Elect Tu Zheng as Director | Director Elections | Board | AGAINST | 2 | |
| Pop Mart International Group Limited | May 13, 2026 | Elect Zhang Jianjun as Director | Director Elections | Board | AGAINST | 2 | |
| Postal Savings Bank of China Co., Ltd. | June 26, 2026 | Elect Tang Zhihong as Director | Director Elections | Board | AGAINST | 2 | |
| Power Finance Corporation Limited | August 28, 2025 | Approve Remuneration of Statutory Auditors | Audit-related | Board | AGAINST | 2 | |
| Power Finance Corporation Limited | August 28, 2025 | Approve T. Chatterjee & Associates as Secretarial Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 2 | |
| Power Finance Corporation Limited | August 28, 2025 | Reelect Rajiv Ranjan Jha as Director | Director Elections | Board | AGAINST | 2 | |
| Precigen, Inc. | June 18, 2026 | Company Proposal - Election of Directors: Cesar Alvarez | Director Elections | Board | AGAINST | 2 | |
| Protalix Biotherapeutics, Inc. | June 25, 2026 | To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement that accompanies this notice; | Say-on-Pay | Board (inferred) | AGAINST | 2 | |
| PubMatic, Inc. | May 29, 2026 | Election of Directors: Susan Daimler | Director Elections | Board | WITHHOLD | 2 | |
| Pulmonx Corporation | June 4, 2026 | To conduct a non-binding advisory vote to approve our executive compensation. | Say-on-Pay | Board (inferred) | AGAINST | 2 | |
| Quad/Graphics, Inc. | May 20, 2026 | Election of Directors: John C. Fowler | Director Elections | Board | WITHHOLD | 2 | |
| Quanterix Corporation | June 9, 2026 | To approve the amendment and restatement of the Company's 2017 Employee, Director and Consultant Equity Incentive Plan | Compensation | Board | AGAINST | 2 | |
| REC Limited | August 27, 2025 | Elect Gambheer Singh as Director | Director Elections | Board | AGAINST | 2 | |
| REC Limited | August 27, 2025 | Elect Jitendra Srivastava as Director and Approve Appointment of Jitendra Srivastava as Chairman and Managing Director | Director Elections | Board | AGAINST | 2 | |
| REC Limited | August 27, 2025 | Reelect Shashank Misra as Director | Director Elections | Board | AGAINST | 2 | |
| REPT BATTERO Energy Co., Ltd. | June 26, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 2 | |
| RTL Group SA | April 29, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 2 | |
| RTL Group SA | April 29, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 2 | |
| RTL Group SA | April 29, 2026 | Elect Clement Schwebig as Executive Director | Director Elections | Board | AGAINST | 2 | |
| Radware Ltd. | December 22, 2025 | Approve Compensation of Non-Executive Directors and Related Amendments to Compensation Policy | Compensation | Board | AGAINST | 2 | |
| Rainbow Robotics, Inc. | March 30, 2026 | Elect Heo Jeong-woo as Inside Director | Director Elections | Board | AGAINST | 2 | |
| Rainbow Robotics, Inc. | March 30, 2026 | Elect Lim Jeong-su as Inside Director | Director Elections | Board | AGAINST | 2 | |
| Raito Kogyo Co., Ltd. | June 25, 2026 | Elect Director Shirai, Makoto | Director Elections | Board | AGAINST | 2 | |
| Rakuten Group, Inc. | March 27, 2026 | Elect Director Charles B. Baxter | Director Elections | Board | AGAINST | 2 | |
| Rakuten Group, Inc. | March 27, 2026 | Elect Director Mitachi, Takashi | Director Elections | Board | AGAINST | 2 | |
| Ranpak Holdings Corp. | May 21, 2026 | Company Proposal - Election of Directors: Victoria Dolan | Director Elections | Board | WITHHOLD | 2 | |
| Rapid7, Inc. | June 9, 2026 | Election of Directors: Jeff Kalowski | Director Elections | Board | WITHHOLD | 2 | |
| Rational AG | April 29, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 2 | |
| Rational AG | April 29, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 2 | |
| Ratos AB | March 25, 2026 | Reelect Jan Soderberg as Director | Director Elections | Board | AGAINST | 2 | |
| Ratos AB | March 25, 2026 | Reelect Per-Olof Soderberg (Chair) as Director | Director Elections | Board | AGAINST | 2 | |
| Reliance Industries Ltd. | July 29, 2025 | Approve Appointment and Remuneration of Anant M. Ambani as Whole-Time Director, designated as an Executive Director | Compensation | Board | ABSTAIN | 2 | |
| Reliance Industries Ltd. | July 29, 2025 | Approve Reappointment and Remuneration of Hital R. Meswani as Whole-Time Director, designated as an Executive Director | Compensation | Board | ABSTAIN | 2 | |
| Reliance Industries Ltd. | July 29, 2025 | Elect Dinesh Kanabar as Director | Director Elections | Board | ABSTAIN | 2 | |
| Relo Group, Inc. | June 24, 2026 | Elect Director Sakurai, Masao | Director Elections | Board | AGAINST | 2 | |
| Remgro Ltd. | November 27, 2025 | Elect Mariza Lubbe as Member of the Social & Ethics Committee | Director Elections | Board | AGAINST | 2 | |
| Remgro Ltd. | November 27, 2025 | Re-elect Mariza Lubbe as Director | Director Elections | Board | AGAINST | 2 | |
| Remgro Ltd. | November 27, 2025 | Re-elect Neville Williams as Director | Director Elections | Board | AGAINST | 2 | |
| Rengo Co., Ltd. | June 26, 2026 | Elect Director Kawamoto, Yosuke | Director Elections | Board | AGAINST | 2 | |
| Rengo Co., Ltd. | June 26, 2026 | Elect Director Oku, Masayuki | Director Elections | Board | AGAINST | 2 | |
| Rengo Co., Ltd. | June 26, 2026 | Elect Director Otsubo, Kiyoshi | Director Elections | Board | AGAINST | 2 | |
| Rengo Co., Ltd. | June 26, 2026 | Elect Director Sato, Yoshio | Director Elections | Board | AGAINST | 2 | |
| Replimune Group, Inc. | September 3, 2025 | Election of Directors: Michael Goller | Director Elections | Board | WITHHOLD | 2 | |
| Replimune Group, Inc. | September 3, 2025 | To approve an amendment to Replimune Group, Inc.'s 2018 Omnibus Incentive Compensation Plan (the "Plan Amendment"). | Compensation | Board | AGAINST | 2 | |
| Reply SpA | April 23, 2026 | Approve Remuneration Policy | Compensation | Board | AGAINST | 2 | |
| Reply SpA | April 23, 2026 | Approve Second Section of the Remuneration Report | Compensation | Board | AGAINST | 2 | |
| ReposiTrak, Inc. | November 19, 2025 | Election of Directors: Peter J. Larkin | Director Elections | Board | WITHHOLD | 2 | |
| Resorttrust, Inc. | June 25, 2026 | Elect Director Fushimi, Ariyoshi | Director Elections | Board | AGAINST | 2 | |
| Revolve Group, Inc. | June 5, 2026 | The election of directors: Michael Karanikolas | Director Elections | Board | WITHHOLD | 2 | |
| Revolve Group, Inc. | June 5, 2026 | The election of directors: Michael Mente | Director Elections | Board | WITHHOLD | 2 | |
| Riley Exploration Permian, Inc. | May 12, 2026 | Approval of the amendment and restatement of the Riley Exploration Permian, Inc. Amended and Restated 2021 Long Term Incentive Plan. | Compensation | Board | AGAINST | 2 | |
| Rimini Street, Inc. | June 3, 2026 | Advisory vote to approve the Company's executive compensation. | Say-on-Pay | Board (inferred) | AGAINST | 2 | |
| Rocket Pharmaceuticals, Inc. | May 20, 2026 | The approval of the proposed stock option exchange program; and | Compensation | Board | AGAINST | 2 | |
| Ryerson Holding Corporation | April 30, 2026 | The approval of the Third Amended and Restated Ryerson Holding Corporation 2014 Omnibus Incentive Plan. | Compensation | Board | AGAINST | 2 | |
| SAMSUNG BIOLOGICS Co., Ltd. | March 20, 2026 | Elect Noh Gyun as Inside Director | Director Elections | Board | AGAINST | 2 | |
| SANUWAVE Health, Inc. | August 19, 2025 | To approve, in an advisory, non-binding vote, the compensation paid to our named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 2 | |
| SANUWAVE Health, Inc. | June 11, 2026 | To approve, in an advisory, non-binding vote, the compensation paid to our named executive officers. | Say-on-Pay | Board (inferred) | AGAINST | 2 | |
| SFA Engineering Corp. | December 29, 2025 | Elect Kim Sang-gyeong as Inside Director | Director Elections | Board | AGAINST | 2 | |
| SFA Engineering Corp. | March 31, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 2 | |
| SG Holdings Co., Ltd. | June 24, 2026 | Elect Director Kuriwada, Eiichi | Director Elections | Board | AGAINST | 2 | |
| SG Holdings Co., Ltd. | June 24, 2026 | Elect Director Matsumoto, Hidekazu | Director Elections | Board | AGAINST | 2 | |
| SIG Group AG | April 16, 2026 | Approve Remuneration Report (Non-Binding) | Compensation | Board | AGAINST | 2 | |
| SKY Perfect JSAT Corp. | June 19, 2026 | Elect Director Horiuchi, Masato | Director Elections | Board | AGAINST | 2 | |
| SKY Perfect JSAT Corp. | June 19, 2026 | Elect Director Oga, Kimiko | Director Elections | Board | AGAINST | 2 | |
| SKY Perfect JSAT Corp. | June 19, 2026 | Elect Director Shibata, Gaku | Director Elections | Board | AGAINST | 2 | |
| SKY Perfect JSAT Corp. | June 19, 2026 | Elect Director Toyota, Katashi | Director Elections | Board | AGAINST | 2 | |
| SOSiLA Logistics REIT, Inc. | August 28, 2025 | Elect Alternate Supervisory Director Oyama, Taro | Director Elections | Board | AGAINST | 2 | |
| SOSiLA Logistics REIT, Inc. | August 28, 2025 | Elect Supervisory Director Doba, Manabu | Director Elections | Board | AGAINST | 2 | |
| Sable Offshore Corp. | June 10, 2026 | To elect one Class II director, Gregory Pipkin, to hold office until our 2029 annual meeting of stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal: Gregory P. Pipkin | Director Elections | Board | WITHHOLD | 2 | |
| Safe Bulkers, Inc. | September 16, 2025 | Elect Director Christos Megalou | Director Elections | Board | WITHHOLD | 2 |
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Built November 7, 2026 from SEC Form N-PX filings.