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Old 01-09-2023, 05:43 AM   #9397
Mota
College Benchwarmer
 
Join Date: Jan 2001
Quote:
Originally Posted by Carman Bulldog View Post
So he's not actually the majority shareholder in the sense that he only owns around 37.6% of the company. However, the specific type of shares that he owns allow him 80.6% of the voting power.

When he "retired", those b-stocks with extra voting power should have been converted to regular stock. Obviously he never planned on being away for too long.
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