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127 Million Oracle Shares Vote for Open Source at Annual Shareholders Meeting

Nov 12, 2007, 15:15 (0 Talkback[s])
(Other stories by Matt Asay)

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[ Thanks to Matt Asay for this link. ]

"While seemingly a lot, 127 million shares doesn't add up to much in Oracle's world. 127,717,018 shares only account for 3.58% of Oracle's total share count. Last week ~96.5% of Oracle shareholders voted to reject a resolution that would have forced Oracle to consider the social and environmental impact of using open source. No big surprise there.

"But what is very interesting is how much support the resolution garnered, despite not having much visibility and certainly no support from the company itself. (Let's just say that Larry Ellison's 20%+ ownership voted elsewhere...)"

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