GameStop seeks to boost share count to 2.5 billion amid eBay pursuit
GameStop is seeking to increase its authorized shares from approximately 1 billion to 2.5 billion, citing the need for financial flexibility. This move is linked to its ongoing efforts to acquire a stake in eBay, where it currently holds about 6.55% of the shares. The proposed increase would allow GameStop to pursue larger deals without needing further shareholder approval.
- ▪GameStop filed a preliminary proxy statement proposing to increase its authorized Class A common shares.
- ▪The company currently has 448,650,736 shares outstanding, indicating it has room under its existing authorization.
- ▪The increase in shares is explicitly tied to GameStop's pursuit of eBay, which has previously rejected a takeover bid.
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GameStop seeks to boost share count to 2.5 billion amid eBay pursuit The meme stock king wants to more than double its authorized shares, citing the need for 'financial flexibility' as it builds a 6.55% stake in eBay. Share Add us on Google by Editorial Team May. 22, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); GameStop just asked shareholders to let it print a lot more stock.
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