The Metaplanet shareholders' meeting approved a significant proposal: the authorization of preferred shares is doubled, and the dividend structure is set for adjustment.
[Coin World] Metaplanet has just made a new move at the special shareholders' meeting. This meeting approved a relatively important proposal concerning the optimization of the company's capital structure—the core objective is straightforward: to increase the flexibility of preferred stock dividends and stock buybacks.
How exactly should it be adjusted? The total authorized shares for Class A and Class B preferred stocks have both been raised to 555 million shares, which gives the company greater operational flexibility. More specifically, the Dividend mechanism has also been changed - Class A preferred stocks have switched from a fixed model to a floating rate monthly Dividend, while Class B preferred stocks have been adjusted to a quarterly Dividend structure.
This trap of actions actually reflects the company's new ideas on financing, returning to investors, and optimizing its capital structure. Especially in the current market environment, this increase in flexibility may mean that the company has left more room for future business expansion and investor returns. For those who focus on the governance of crypto ecosystem enterprises, such financial resolutions are worth paying attention to—they often indicate the company's upcoming strategic tilt and market signals.
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GasFeeTears
· 12-23 10:09
Preferred stocks doubling, the dividend mechanism softening... why does it feel like they're leaving themselves a way out? Floating interest rates sound flashy, but to put it bluntly, they just don't want to be tightly locked in, right?
Another "optimizing capital structure" story, but we'll have to see how they operate it later; it's easy to talk empty.
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FastLeaver
· 12-23 10:06
555 million shares, is this going to be dumping or is it really for financing?
The Metaplanet shareholders' meeting approved a significant proposal: the authorization of preferred shares is doubled, and the dividend structure is set for adjustment.
[Coin World] Metaplanet has just made a new move at the special shareholders' meeting. This meeting approved a relatively important proposal concerning the optimization of the company's capital structure—the core objective is straightforward: to increase the flexibility of preferred stock dividends and stock buybacks.
How exactly should it be adjusted? The total authorized shares for Class A and Class B preferred stocks have both been raised to 555 million shares, which gives the company greater operational flexibility. More specifically, the Dividend mechanism has also been changed - Class A preferred stocks have switched from a fixed model to a floating rate monthly Dividend, while Class B preferred stocks have been adjusted to a quarterly Dividend structure.
This trap of actions actually reflects the company's new ideas on financing, returning to investors, and optimizing its capital structure. Especially in the current market environment, this increase in flexibility may mean that the company has left more room for future business expansion and investor returns. For those who focus on the governance of crypto ecosystem enterprises, such financial resolutions are worth paying attention to—they often indicate the company's upcoming strategic tilt and market signals.