All,
preliminary SEC filing, PRE14A
increase shares from 250 million to 750 million.
edgar-online.com
Here is only a part of it:
After the business discussed in the proxy statement was conducted, the meeting was adjourned to 10:00 a.m., local time, on Thursday, May 25, 2000, at One AMD Place, Sunnyvale, California 94088-3453 for the purpose of considering and voting upon a proposal adopted by our board of directors to amend our Restated Certificate of Incorporation to increase the number of authorized shares of Common Stock from 250,000,000 to 750,000,000 shares. The amendment would provide the board of directors increased flexibility to issue shares for various corporate purposes. In particular, in light of the significant rise in the market price of our Common Stock, a number of individual investors are not able to purchase round lots of our stock in the market. The amendment would provide the board of directors with the ability to effect a stock split in the form of a stock dividend, an action that would be significantly constrained under our present Restated Certificate of Incorporation. However, our board of directors has no present arrangements, agreements or plans to issue any of the proposed additional authorized shares of Common Stock. |