Activist plans to push for board overhaul at Hudbay - News Summed Up

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Activist plans to push for board overhaul at Hudbay


One of the largest investors in Hudbay Minerals Inc. plans to nominate a majority slate of directors at the company’s annual general meeting and propose a new chief executive officer to improve performance. Hudbay Minerals shares are down 42 per cent this year, despite a rally in November after it reported strong third quarter earnings. Article Continued BelowA representative for Toronto-based Hudbay Minerals didn’t respond to requests for comment. Hudbay Minerals shares are down 42 per cent this year, despite a rally in November after it reported strong third quarter earnings. Shares closed at $6.51 on Wednesday, valuing Hudbay Minerals at $1.7 billion.


Source: thestar December 13, 2018 19:30 UTC



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