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SemiconEng

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SemiconEng

Re: None

Wednesday, 05/19/2004 6:01:16 PM

Wednesday, May 19, 2004 6:01:16 PM

Post# of 151757
Intel holders vote to expense options

http://tinyurl.com/375jr
SAN FRANCISCO (CBS.MW) - A majority of Intel shareholders voted Wednesday in favor of a proposal asking that the world's largest chipmaker expense option grants to employees.

The proposal passed with 54 percent in favor of the measure. An identical proposal last year was defeated with 48 percent voting in favor.

The proposal only requires that the board of directors consider the change, but does not obligate Intel (INTC: news, chart, profile) to take action.
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