Dell converts 3.44M Silver Lake Class B shares to Class C

1 min read | Published on 18 Jun 2026, 02:09 AM |Updated on 18 Jun 2026, 02:09 AM

Reviewed by

Naman SScanX News Team

Key Highlights

Dell Technologies converted 3,438,364 Class B shares to Class C stock for Silver Lake entities from June 1-12, 2026. Post-conversion, Class C shares stand at 325,046,693 and Class B at 44,351,394.

*this image is generated using AI for illustrative purposes only.

Dell Technologies converted 3,438,364 shares of Class B common stock into Class C common stock held by Silver Lake entities between June 1 and June 12, 2026. The conversion reduces the outstanding Class B shares held by investment firms including SL SPV-2, L.P., Silver Lake Partners IV, L.P., and Silver Lake Technology Investors IV, L.P., among others. This action impacts the company's equity structure by shifting voting rights associated with Class B stock to the non-voting Class C stock.

As of June 15, 2026, Dell Technologies held 325,046,693 shares of Class C common stock outstanding and 44,351,394 shares of Class B common stock outstanding. The conversions occurred on a one-to-one basis, consistent with the rights outlined in the company's certificate of incorporation.

Share Conversion Details

The following table details the conversion activity and the resulting share counts as of the effective date:

Metric	Value
Class C Shares Outstanding	325,046,693
Class B Shares Outstanding	44,351,394
Total Shares Converted	3,438,364

Corporate Governance Rights

Under Dell Technologies' certificate of incorporation, holders of Class B common stock retain the right to convert their holdings into Class C common stock at any time on a one-to-one basis. Additionally, Class B shares are subject to automatic conversion into Class C shares upon specific transfers as defined in the incorporation documents. Despite the difference in voting power, each share of Class C common stock carries identical dividend and liquidation rights to one share of Class B common stock.

How will this reduction in Class B shares impact Michael Dell's effective control over Dell Technologies' strategic decisions?

Could this shift in equity structure signal a potential preparation for Silver Lake to further reduce its stake or exit the position entirely?

Will the market interpret this conversion as a lack of confidence from Silver Lake, potentially affecting Dell's stock volatility?

Dell Technologies declares $0.63 quarterly cash dividend

0 min read | Published on 17 Jun 2026, 09:24 AM |Updated on 17 Jun 2026, 09:24 AM

Reviewed by

Ashish TScanX News Team

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Key Highlights

Dell Technologies announced a quarterly cash dividend of $0.63 per common share, payable on July 31 to shareholders of record as of July 21.

*this image is generated using AI for illustrative purposes only.

Dell Technologies has declared a quarterly cash dividend of $0.63 per common share, providing income to shareholders as the company continues its operations in the AI era. The dividend will be paid on July 31 to shareholders recorded on the books as of July 21.

The declaration was made by the company's board of directors, marking the latest distribution to common equity holders. Dell Technologies provides a broad portfolio of technology and services, focusing on helping organizations and individuals build their digital future.

Dividend Details

Description	Details
Dividend per share	$0.63
Payment date	July 31
Record date	July 21

Dell Technologies, along with brands like Dell, EMC, and Dell EMC, operates as a subsidiary of Dell Inc. The company specializes in innovative technology solutions for the AI era.

How will Dell's focus on AI solutions impact its dividend sustainability in the long term?

What market trends might influence Dell's future dividend policies?

How does Dell's dividend compare to its competitors in the AI technology sector?