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This excerpt taken from the EBAY 10-K filed Feb 17, 2010. Note 15 Preferred Stock: We are authorized, subject to limitations prescribed by Delaware law, to issue preferred stock in one or more series; to establish the number of shares included within each series; to fix the rights, preferences and privileges of the shares of each wholly unissued series and any related qualifications, limitations or restrictions; and to increase or decrease the number of shares of any series (but not below the number of shares of a series then outstanding) without any further vote or action by the stockholders. At December 31, 2008 and 2009, there were 10.0 million shares of $0.001 par value preferred stock authorized for issuance, and no shares issued or outstanding. This excerpt taken from the EBAY 10-K filed Feb 28, 2007. Note 10
Preferred Stock:
We are authorized, subject to limitations prescribed by Delaware
law: to issue Preferred Stock in one or more series; to
establish the number of shares included within each series; to
fix the rights, preferences and privileges of the shares of each
wholly unissued series and any related qualifications,
limitations or restrictions; and to increase or decrease the
number of shares of any series (but not below the number of
shares of a series then outstanding) without any further vote or
action by the stockholders. At December 31, 2005 and 2006,
there were 10 million shares of $0.001 par value
Preferred Stock authorized for issuance, and no shares issued or
outstanding.
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