I agree with you in voting against both of the proposals. I don't see the need for either of them. I'm borrowing ideas from Lynch & Buffett, but both the name change, and using the share doubling for a stock split seem like an unnecessary waste of shareholder funds.Good point about no guarantee of a stock split. It was an assumption on my part, and I would be really upset if it was used to give management options, etc. I wonder if they used similar language before the 4-for-1 split.I noticed that the back of the Monster can already shows "2011 - Monster Beverage Corporation", with no mention of Hansen Natural Corp anywhere. This name-change business is irritating. Lets see, the reasons given for the name change were to better communicate with:1.) Customers - how are customers going to be confused... they're already buying cans that only say Monster.2.) Business Partners - can't imagine any supplier, distributor, etc caring one way or another. They certainly seem to be getting along ok and making sound profits so far with the Hansen name.3.) Investors - if anything, I see temporary confusion from the name change, and also if the ticker changes. The bigger point in my mind is - do we really need to attract the kind of shareholders that can't figure out that Hansen Natural produces Monster?Oh well. Hopefully these are the worst decisions they make. I can live with it if they don't start making it a habit (assuming the new shares are for a split and not a bunch of options).I haven't looked close enough to know if they've abused options in the past. A quick glance on Google finance shows them using about $180 Million for stock buybacks over the past 4 years, and the overall share count dropping from 93.2 million to 89 million.If we swag an average price of $40/share for the buybacks over the past 4 years, they would have bought back around 4.5 million shares. The net shares actually reduced by slightly less: 4.2 million shares. So, they might have given out 0.3 million shares over the past 4 years, or 0.3% dilution? I can live with that, if that's correct.(I'm not sure if I'm figuring it correctly, but that's what it looks like to me on the back of the envelope.)
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