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Target shareholders reelect board, approve pay and incentive plans, reject key shareholder proposals.

Company Fundamentals
12 Jun 2026
PRNewsWire
View Source
Neutral
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At Target's 2026 Annual Meeting, shareholders elected all 12 board nominees and ratified Ernst & Young as the accounting firm. They approved the advisory 'Say on Pay' executive compensation and the amended 2020 Long-Term Incentive Plan. However, shareholders rejected three proposals, including those on an independent Board Chair policy, pesticide reporting in private brands, and reducing plastic microfiber shedding. These results reflect shareholder support for current management and governance but resistance to additional environmental and governance changes.

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Target raises quarterly dividend by 1.8%, continuing 55 years of annual increases.

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