Activist Ameren investors fall short in push for more transparency

Ameren Corp. withstood a trio of challenges at its annual shareholder meeting Thursday from activist investors seeking more transparency regarding its lobbying activities.

One group of investors submitted a proposal that would have required greater disclosures of the St. Louis-based utility holding company’s lobbying activities, which drew support from investors owning 34.6 percent of the company’s shares. Holders of 49.8 percent of the company’s stock opposed the measure. The rest abstained.

Last year, a similar proposal drew support from holders of 30 percent of the company’s shares.

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