[Am-info] Dividends

[Sujal Shah]

On Fri, 2003-01-10 at 14:11, Eric Bennett wrote:
[SNIP]
> > 
> > This is not a "split," where the holder gets more shares at a reduced price.  This
> > would be simply issuance of new stock.  The current holder gets nothing.  Thus,
> > they would be very reluctant to approve such an issuance.
> 
> My impression is that shareholders almost always approve these requests. 
> How often are such requests from a board (at any company, not just MS)
> denied by shareholders?

If we're talking about option grants, for example to employees, my
company's shareholders just voted against a proposal to increase the
employee stock option pool.

Sujal

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---- Sujal Shah --- sujal@sujal.net ---

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