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Akamai stockholders approve plan amendment adding 8,000,000 shares for grants and charter change allowing special meetings with 25% ownership
AKAMAkamai Technologies Inc
Akamai Technologies' stockholders approved an amendment to the 2013 Stock Incentive Plan that increases available shares for grant by 8,000,000 and a charter amendment allowing stockholders with 25% ownership to call special meetings. These updates are material to investors because they affect potential share dilution and increase the company's susceptibility to shareholder activism through enhanced governance rights.