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BRIEF-Facebook shareholders reject proposals on fake news, independent chair, based on preliminary results
June 1, 2017 / 7:35 PM / in 2 months

BRIEF-Facebook shareholders reject proposals on fake news, independent chair, based on preliminary results

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June 1 (Reuters) - Facebook Inc :

* Facebook at annual shareholders meeting says based on preliminary results, proposals 3 through 7 have been rejected by shareholders

* Facebook Inc- proposals rejected at annual shareholders meeting include proposals on an independent chair and a gender pay equity report

* Proposals on fake news and lobbying report at annual shareholder meeting rejected by shareholders

* Proposal regarding change in stockholder voting at the annual shareholder meeting rejected by shareholders

* Facebook- At shareholders meeting, each of 8 nominees been elected to Board of Directors, including Mark Zuckerberg, Sheryl Sandberg, Reed Hastings

* Facebook at annual meeting -"Earliest that we would talk about implementing the Class C and paying the actual 2:1 dividend would be sometime in 2018"

* Not aggresively monetizing VR products for the next five or more years -Mark Zuckerberg Further company coverage:

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