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Tag Archives: ford class b voting rights
Thirty Percent of Ford Shareholders Vote against Family Control
While a grand total of 63 people bothered to attend the Ford Motor Company annual meeting of shareholders in Wilmington, Delaware today, 29.5% of investors or 1,283,063,982 of them voted against Ford family control of the company through their holdings of Class B stock, which has 16 votes per share as opposed to one per share of common, assuming no one in the Ford family voted for losing power.
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