What do you think of this strange share structure? The longer you hold Aflac shares (@aflac) the more votes you get.pic.twitter.com/iXkgqD8Iao
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weird. Only signficant reference I could find is http://www.djcl.org/wp-content/uploads/2014/08/Shareholder-CULTIVATION-AND-NEW-GOVERNANCE.pdf …. Says would not be allowed on NYSE for new corps.
It's called tenured voting. Smuckers does it too.
also Quaker Chemical, according to the article.
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