Reminder that emails are out to shareholders to vote on the Medtronic Annual Meeting. Votes are up for the election of the Board of Directors (including Geoff) and approving executive compensation. The proxy statement highlights that in 2025 “shareholder showed strong support for our executive compensation programs with 93.45% of the votes cast approving our compensation.”
This is the time to make any feelings known in a way that counts if you have company stock.
@cy thanks this is helpful as I was 14-years-old in 2000.
I plan on writing a letter to Larry Fink at Blackrock, and Vanguard explaining the culture and internal decline of Medtronic. Another three years, if things don’t change, this company will be bankrupt assuming the regulators don’t sink it first.
@d0 There was an email sent to shareholders a few weeks ago with a link to vote on it along with other things like board members.
I was sure to vote against the compensation increase as well as against anyone with ties to GE (Martha’s cronies) or the WEF.
Probably doesn’t matter but figured if enough of the same votes came in maybe, just maybe, it would get some attention…
@OP the vote for executive compensation is non binding. Even if all shareholders vote no they can ignore it.
Where do you vote?
Yes. If you mean Jan. 1, 2000 through Sept. 28, 2026, including dividends reinvested:
Cumulative S&P 500 total return: approximately +759%
$10,000 → ~$85,900
2000–2026
Price appreciation ~70–80%
Total return with dividends reinvested roughly 4–5×
Approx. annualized total return
~5.5–6.0%/yr
$10,000 invested ~$40,000–$50,000
@ac Blackrock 114 million shares
@be And also compare to AI stock.
another against vote.
I voted against it. I plan to sell all MDT shares and options.
"AI Overview" - Over the past 10 years, Medtronic (MDT) delivered a total return of approximately 32.69%, significantly underperforming the S&P 500 Index, which achieved a total return of over 317% during the same timeframe.
86% of the company is owned by institutional investors. I voted against it, but doubt it means much with my 100 shares.