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

H1 2026 Review of Shareholder Activism

Lazard's H1 2026 Review of Shareholder Activism analyzes 184 new activist campaigns globally, highlighting the trends reshaping shareholder activism and engagement across North America, Europe and APAC. The first half of 2026 marked the busiest six-month period on record, with activists increasingly focused on strategic issues such as AI implementation, capital allocation and M&A.