May 12, 2016 / 2:02 PM / 3 years ago

Ford shareholders keep Ford family voting power unchanged

A Ford logo is pictured at a store of the automaker, in Mexico City, Mexico, April 5, 2016. REUTERS/Edgard Garrido/File Photo

(Reuters) - Shareholders of Ford Motor Co (F.N) rejected by 63.1 percent on Thursday a proposal to alter the voting power of the founding family of the company. The measure, which is a perennial at Ford annual meetings, received about as much support as it got last year.

The Ford family has 40 percent voting control of the company through special Class B shares. The vote was held at the company’s annual meeting in Wilmington, Delaware.

Reporting by Bernie Woodall Editing by W Simon

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