DELL · Dell Technologies Inc.

0001193125-26-296224

Summary

Dell amended its bylaws to require higher ownership thresholds for shareholder proposals, electing to be governed by Texas law provisions.

Key takeaways

Shareholders must hold at least $1M or 3% of voting shares continuously for 6 months to submit proposals.
Proposals require solicitation of 67% of voting power support.
Changes may reduce the number of shareholder proposals.

Full analysis

The bylaw amendments impose stricter eligibility criteria for shareholder proposals under Texas law, potentially limiting the ability of smaller shareholders to raise issues at meetings.