Shareholder Activism


Lazard's review of shareholder activism compiles and analyzes data on key activism trends globally.

The report tracks shareholder activism campaigns by region, sector and campaign objective, such as Board and management change, M&A (either through pushing for a whole company sale or a break-up / divestiture), operational improvements or changes to capital allocation.

Lazard’s Shareholder Advisory team also monitors activist types, including activity by established vs. first time activists, as well as key trends to monitor going forward.


Our Most Recent Activism Report

Annual Review of Shareholder Activism 2024

Lazard’s 2024 review of shareholder activism highlights key trends and data in shareholder activism activity throughout the year. 2024 saw a second consecutive year of record-setting global campaign activity, with a very strong H1 enough to fuel record annual results despite an H2 slowdown. Robust U.S. and APAC campaign volumes were enough to offset y-o-y slowdowns in Europe and Canada.