The article says one of the shareholder resolutions calls for "lowering the share holdings necessary to attend special shareowner meetings." Any shareowner can get into any shareowner meeting with just one share. The resolution isn't about that at all. Instead, it seeks to give shareholders of 10% of AT&T's outstanding common stock the power to call special shareowner meetings. This is a very popular and much needed corporate governance reform.
Jesse Jackson to attend AT&T gathering here
The article says one of the shareholder resolutions calls for "lowering the share holdings necessary to attend special shareowner meetings." Any shareowner can get into any shareowner meeting with just one share. The resolution isn't about that at all. Instead, it seeks to give shareholders of 10% of AT&T's outstanding common stock the power to call special shareowner meetings. This is a very popular and much needed corporate governance reform.