Am I missing something, or is this proposal based on incorrect information? On page 65 of the proxy statement, a shareholder named John Chevedden wants the shareholder right to act by written consent because the "stock is in a long-term slump".
>**Proposal Number 3:**
>**Stockholder Proposal Regarding “Support for Shareholder Right to Act by Written Consent”**
>*"Alphabet stock is in a long-term slump. Alphabet stock is sharply below its $381 price in 2019. In late 2024 it was only at $169."*
*Source:* [*https://www.proxydocs.com/0/002/198/713/alphabet\_inc.\_2787788\_ps.pdf*](https://www.proxydocs.com/0/002/198/713/alphabet_inc._2787788_ps.pdf)
Surely he is mistaken, as this doesn't account for the stock being split. How bizarre to make a proposal with basic information being incorrect.