Engine Capital Comments on UniFirst Common Shareholders’ Decisive Mandate for Change at 2026 Annual Meeting | UNF Stock News

StockTitan
2025.12.16 04:30
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Engine Capital comments on UniFirst's 2026 Annual Meeting, where a majority of common stock supported Engine's nominees, Arnaud Ajdler and Michael A. Croatti. Despite this, the Croatti trustees retained control due to their dual-class share structure. Engine urges UniFirst's Board to initiate a strategic review and consider selling the company, citing shareholder dissatisfaction with current leadership and governance. The call for change highlights the need to align with shareholder interests and improve governance by eliminating the dual-class structure.