GameStop stockholders approve raising authorized shares to 2.5 billion
GameStop's stockholders voted on Jul 7, 2026 to raise the number of authorized shares of its Class A common stock to 2,500,000,000. The amendment drew 231,693,497 votes for and 104,566,841 against, and GameStop says it gives the company capacity to issue stock in connection with strategic transactions, including its proposed acquisition of eBay. Stockholders also re-elected all five director nominees, backed executive pay in an advisory vote and ratified KPMG LLP as the independent accounting firm, while the proposal to approve a CEO performance award was withdrawn before the vote. GameStop reported the results in an 8-K, a US company's report of a material event, filed on Jul 8, 2026.1,2,3,4,5,6,7,8,9
How each figure was checked
- the day stockholders approved the amendmentJuly 7, 2026GameStop, Form 8-K filed Jul 8, 2026 (SEC EDGAR) ↗
- the amendment raises authorized Class A common shares to this number2,500,000,000GameStop, Form 8-K filed Jul 8, 2026 (SEC EDGAR) ↗
- votes for and against the Authorized Shares Amendment231,693,497 votes for; 104,566,841 votes againstGameStop, Form 8-K filed Jul 8, 2026 (SEC EDGAR) ↗
- GameStop's stated purpose for the amendment, from its press releaseprovides the Company with the capacity to issue common stock in connection with strategic transactions, including its proposed acquisition of eBay, Inc.GameStop press release of Jul 7, 2026, Exhibit 99.1 to the 8-K ↗
- stockholders re-elected all five director nominees, per the press releasere-elected all five director nomineesGameStop press release of Jul 7, 2026, Exhibit 99.1 to the 8-K ↗
- stockholders approved the advisory vote on executive payapproved, on an advisory, non-binding basis, the compensation of the named executive officersGameStop, Form 8-K filed Jul 8, 2026 (SEC EDGAR) ↗
- stockholders ratified KPMG LLP as the independent registered public accounting firmKPMG LLPGameStop, Form 8-K filed Jul 8, 2026 (SEC EDGAR) ↗
- the CEO performance award proposal was withdrawn and not tabulatedProposal 4 (Approval of the CEO Performance Award) was withdrawn and was not presented for tabulationGameStop, Form 8-K filed Jul 8, 2026 (SEC EDGAR) ↗
- the day the 8-K was filedJul 8, 2026
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The record
- Company
- GameStop (CIK 1326380)
- Form
- 8-K
- Accession
- 0001326380-26-000038
- Filed
- Jul 8, 2026
- Period of report
- Jul 7, 2026
- Items
- 5.03 Charter, bylaws or fiscal year change, 5.07 Shareholder vote, 7.01 Reg FD disclosure
About GameStop
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- Layoffs, 12 months
- No WARN notices in the US states we read
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