Shareholder Voting
If you have ownership in a U.S. company, no matter how small, and you meet the criteria as an eligible voting shareholder, you may be invited to express your opinion on ongoing decisions made by that company.
You will typically receive an email or notification when a vote is available. Your vote will be sent to the vote tabulator, and the company will determine how to handle input from fractional shareholders based on their internal policies. This may involve counting your vote proportionally, or in some cases, choosing not to include it in the final results.
Please note that voting eligibility is usually based on a "record date" set by the company; only shareholders who hold shares on that date will be invited to vote.
Participation in Corporate Actions
A corporate action is a significant event that brings about material changes within a company and can affect its shareholders. These actions are typically approved by the company’s board of directors, and in some cases, shareholders may be invited to participate by expressing their input or casting a vote.
If you own shares, even fractional ones, in a U.S. company that initiates a corporate action, you may receive an email inviting you to take part. Whether or not you are invited will depend on the nature of the corporate action, the company’s eligibility rules, and whether they choose to include fractional shareholders.
Examples of corporate actions include stock splits, mergers, dividends, and share buybacks.