Shareholders are increasingly showing signs of DEI fatigue as political heat around the issue intensifies across corporate America. Both champions and critics of diversity, equity, and inclusion policies are again pushing companies this annual meeting season to either bolster or diminish their DEI policies via shareholder proposals. But so far, none of these proposals have garnered support from investors at Apple (APPL), Costco (COST), and John Deere (DE). And that's not expected to change as more votes are tabulated at more company shareholder meetings in the coming weeks and months, according to experts who follow these votes. "I don't expect this year that we will see many, if any, get majority support," said Elizabeth Bieber, head counsel for shareholder engagement and activism defense at Freshfields. "And I would expect that, when we look at the numbers, year over year, that we actually see waning support, regardless of which ideological side the proposal tends to fall on." As of the end of February, a total of 21 "anti-DEI" proposals and 16 "pro-DEI" proposals were set for a vote this year among publicly traded companies included in the Russell 3000, according to the voting recommendation firm ISS-Corporate

Amid a shaky IPO market, some public companies aren’t staying public that long. As the Financial Times (FT) reported Tuesday (Nov. 21), private equity firms have begun buying back companies that have recently gone public to salvage investments that have performed badly on the stock market following an initial public offering (IPO). The firms include EQT, Cinven and Silver Lake, the report said, all of which have in recent months taken private or considered buying back public companies they owned or in which they held a minority stake