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Franklin Resources, Inc. stockholders approved amendments to the company's employee stock and universal stock…

BENFranklin Templeton Inc

Franklin Resources, Inc. stockholders approved amendments to the company's employee stock and universal stock incentive plans, increasing the authorized share counts by 5 million and 25 million shares, respectively. The annual meeting also resulted in the election of 11 directors and the ratification of its independent auditor. These increases in authorized shares are significant for investors as they may lead to future equity dilution.

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