Annual General Meeting

Long-suffering Bayer shareholders are being asked to stump up 8 billion euros in a cash call. What looks like a bold move might just be courage born out of desperation.

The AGM season gets underway at the end of the month, with Thyssenkrupp, Tui and Siemens among the early meetings. Whether to meet online-only in future years is up for a vote at many AGMs, and remuneration is likely to be a controversial theme for some companies.

Jeffrey Ubben will be the first shareholder activist to join Bayer's Supervisory Board if the vote goes as expected at the AGM on April 26. The proxy advisors have no objections to his appointment.