Duplicate Proxy

DEFINITION of 'Duplicate Proxy'

A secondary voting proxy that allows a shareholder to override an already submitted vote. When duplicate proxies are received by the corporation, the document with the most timely information will be taken into account.

BREAKING DOWN 'Duplicate Proxy'

Issuing a duplicate proxy will retract a shareholder's earlier decision. Most firms will provide shareholders with additional proxy forms, allowing them to change their mind when voting on corporate issues. The secondary proxy should be submitted in a timely manner, or risk missing the voting process.

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RELATED FAQS
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    A proxy fight occurs when a group of shareholders in a particular company attempts to join together to effect change in a ... Read Answer >>
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  3. If I own a stock in a company, do I get a say in the company's operations?

    You don't get a direct say in a company's day-to-day operations, but, depending on whether you own voting or non-voting stock, ... Read Answer >>
  4. What is the investor rights movement?

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