Elliott got less than 20% of Phillips 66's employee pension fund voting in favor of its four nominees. "Phillips 66 and Activist Elliott Split Heated Boardroom Battle," published at 9:11 a.m. ET on May 21, incorrectly said it got about 40% of Phillips 66 employees voting in its favor. (Corrected May 24)
(END) Dow Jones Newswires
May 24, 2025 20:27 ET (00:27 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.