The d. e. shaw group calls for air products and chemicals to address longstanding underperformance

Reiterates the need for the board to engage in proper succession planning and insist on a more rigorous capital allocation policy new york , oct. 10, 2024 /prnewswire/ -- the d. e. shaw group, a global investment and technology development firm with more than $60 billion in investment capital and a history of working with companies to help build long-term value, today sent an open letter to the board of directors of air products and chemicals, inc. (nyse: apd) (the "company" or "apd") calling for changes aimed at addressing the longstanding underperformance in its shares and deficiencies in its governance and capital allocation policies.
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