Costain shareholders back all AGM resolutions, with political donations vote drawing scrutiny

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2026.05.14 15:35
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Costain shareholders approved all 20 resolutions at the 2026 AGM, including the annual report, directors' remuneration, and a final dividend. Notably, the resolution for political donations received 79.43% support, just shy of the 80% threshold, prompting the board to engage further with shareholders. The AGM outcomes reflect Costain's governance framework and highlight investor concerns regarding political spending. Analysts rate Costain stock as a Hold with a £180.00 price target, citing improved financial stability but cautioning against ongoing revenue contraction.