CarMax faces board challenge from Starboard Value for 2026 meeting
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
CarMax Issues Statement on Engagement With Starboard Value
March 11, 2026 10:35 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- CarMax, Inc. (NYSE: KMX) ("CarMax" or the "Company"), today confirmed that its Board of Directors (the Board) received a notice from Starboard Value LP (Starboard), nominating two directors for election to the Companys Board at the 2026 Annual Meeting of Shareholders and issued the following statement.
CarMax has been taking the necessary steps to ensure that this business delivers on its potential and is responsive to shareholders, said Tom Folliard, Executive Chair of the Board. Our engagement with Starboard to date has been productive and we remain focused on continued... More
