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Groups push for more female board members

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When Lowe’s Cos. Inc. holds its annual shareholders’ meeting on Friday, missing from the agenda will be a proposal asking the home-improvement retailer to add more women to its board of directors.

Like a number of other public companies this proxy season, Lowe’s was targeted by activist shareholders interested in boosting the ranks of female directors: Just 16.6 percent of the board seats at Fortune 500 companies, for instance, are currently held by women, ...

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