BIT:LDOAerospace & Defense
Leonardo (BIT:LDO) Is Down 6.2% After Activist Demands Probe Of Contested AGM Process
In early May 2026, Wyser-Pratte Management Co. publicly called for an independent investigation into Leonardo SpA’s tightly controlled Annual General Meeting, after a government-backed slate won a razor-thin board vote under contested procedures and remote access issues.
The activist’s challenge highlights a tension between Leonardo’s reported strong operational performance, including €23.80 billion in orders, €19.50 billion in revenues, and a very large total shareholder return, and...