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Bullboard - Stock Discussion Forum Shopify Subordinate Voting Ord Shs Class A SHOP


Primary Symbol: T.SHOP

Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to... see more

TSX:SHOP - Post Discussion

Shopify Subordinate Voting Ord Shs Class A > Shopify Announces Proposed Updates
View:
Post by Betteryear2 on Apr 11, 2022 7:02am

Shopify Announces Proposed Updates

Proposal Sets and Preserves Voting Power of Founder and CEO Tobi Ltke, Introduces New Service- and Liquidity-Based Sunsets, and Eliminates Intergenerational Transfers of Voting Power

Structure Allows Shopify to Remain Mission-Driven and Merchant-Obsessed

Separately Announces Planned 10-for-1 Split of the Company's Class A and Class B Shares

Internet, Everywhere--(Newsfile Corp. - April 11, 2022) - Shopify Inc. (NYSE, TSX: SHOP) ("Shopify" or the "Company"), a provider of essential internet infrastructure for commerce, today announced proposed updates to its governance structure designed to support the Company's continued long-term growth. The Company will seek shareholder approval to implement the proposed amendments to its articles of incorporation at its upcoming Annual and Special Meeting of shareholders to be held on June 7, 2022 (the "Meeting").
 

https://www.newsfilecorp.com/release/120006

Comment by Oilforever on Apr 11, 2022 7:33am
Love stock splits!
Comment by yrmac on Apr 11, 2022 12:55pm
Hi betteryear2 They announce for a split. If I understand I have 300sp with a split by 10, i will have 3000sp at a price 10 times lower. Thnaks for your answer Have a nice day Yrmac
Comment by Possibleidiot01 on Apr 11, 2022 3:31pm
  Shopify’s governance move is unfair, this investor says From cantechletter.com.By Jayson MacLean Published on April 11, 2022 Last Updated on April 11, 2022 Filed under:   All posts, eCommerce Stock:   shop The stock may be down by plenty so far this year but the new move being proposed by ...more  
Comment by Zaphod on Apr 18, 2022 7:53pm
Giving this clown 40% no matter what .......just burn your shares. He literally wants to be a dictator the board should fire him
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