1. You can't win any shareholder votes with 10%; 2. How does this dilute shares of INTC?
1. You can't win any shareholder votes with 10%; 2. How does this dilute shares of INTC?
Increasing the number of shares without adding capital divides the existing capitalization among a greaterer number of shares, hence theoretical value of each share is less, or "diluted."
Okay, the presser says these votes will always go with the majority.