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Chapter 847: Withdrawing
Chapter 847: Withdrawing
Chapter 847: Withdrawing
Editor: EndlessFantasy Translation
When the middle-aged man, Sean Quintin, finished speaking, everyone present fell into shock.
Everyone knew what Sean meant by that. He was preparing to withdraw his shares.
No matter what, these people were shareholders of the Empire World Corporation.
Even though they held very few shares (not even 10% of the total amount), some people might not even have 1% of the shares. However, the market value of the Empire World Corporation had already reached trillions, so even 1% of the shares were worth tens of billions!
These shareholders relied on these shares to receive dividends every year. It was estimated that they would receive hundreds of millions of dollars.
If they were in other industries, they would not be able to earn so much money even if they worked hard for their entire lives!
Connor’s current actions would obviously harm their current interests.
If he was allowed to continue fooling around like this, the market value of the Empire World Corporation would definitely drop a lot. At that time, the shares in the hands of these shareholders would definitely depreciate.
Therefore, Sean had the intention to withdraw his shares at this time. Withdrawing his shares now could be said to be the wisest choice.
“Mr. Quintin, are you planning to withdraw your shares?”
Thomas turned to look at Sean and asked softly.
“President Morgan, if it weren’t for the fact that I have no other choice, I wouldn’t have made such a decision either. However, there’s no other way. Mr. McDonald is stubborn and doesn’t listen to what we say at all, so I can only choose to withdraw my shares. At the very least, I can still get some money. If I continue to play with Mr. McDonald like this, I’m worried that I might not get a single cent in the end…” Sean replied in a deep voice.
“Mr. Quintin is right. Mr. McDonald, you can afford it, but we can’t. If you insist on doing this, then I’ll also choose to withdraw my shares!” another shareholder hurriedly added.
“I want to withdraw my shares too!”
“Me too!”
For a moment, all the shareholders present shouted to withdraw their shares.
Meanwhile, Connor sat expressionlessly on the spot, squinting at these people.
In fact, Connor had already guessed that this would be the outcome today. That was why Connor chose to discuss this matter at the shareholders ‘meeting instead of announcing it in front of the entire company.
The expression on Clyde’s face was somewhat helpless. He could not help but sigh, and then he softly shouted, “Everyone, calm down. I know that everyone doesn’t really want to withdraw their shares. They’re just forced to do so…”
“What’s there to be calm about? Unless Mr. McDonald can change his mind, I have to withdraw my shares today!”
“That’s right. Either we give up competing for Metro Line 9, or we withdraw our shares!”
The remaining shareholders also shouted.
In fact, these shareholders did not really want to withdraw their shares; after all, these shares were extremely important to them.
According to the current situation of the Empire World Corporation, these shares would only become more and more valuable. It was not a wise choice to give up these shares at this time.
The reason why they were saying this now was simply to use this method to force Connor to give up on competing for Metro Line 9.
Thomas’s expression also began to become conflicted.
These people held 10% of the shares of the Empire World Corporation. If they all withdrew their shares at the same time, they would have to prepare at least tens of billions of dollars in cash.
Although the Empire World Corporation was huge, suddenly taking out so much cash would have a huge impact on the Empire World Corporation. It was very likely to cause the corporation’s capital chain to break.
Moreover, if so many shareholders suddenly wanted to withdraw their shares, it would have a huge impact on the Empire World Corporation’s stock price.
Therefore, even if these shareholders did not hold many shares, the impact on the corporation was not something that these shares could measure.
Thomas did not understand what Connor meant, so he subconsciously looked at Connor’s position.
“Do you want to withdraw your shares?”
Connor looked at everyone and smiled faintly.
“That’s right. If Mr. McDonald doesn’t change your mind, we don’t have any other choice. We can only choose to withdraw our shares now…”
“We strongly disagree with Mr. McDonald’s actions. If you do this, it will bring a huge loss to the company!”
“I hope that Mr. McDonald can consider it carefully before making a decision…”
Everyone looked at Connor and said loudly.
Connor’s expression was somewhat disdainful as he said calmly, “Alright, whoever wants to withdraw their shares now, raise your hand and let me see!”
When the shareholders heard Connor’s words, they raised their hands without any hesitation.
For a moment, everyone except Clyde raised their hands.
When Connor saw that Clyde did not raise his hand, the expression on his face was a little surprised. He asked Clyde softly, “President Zink, didn’t you plan to withdraw your shares?”
“I…”
A hint of hesitation flashed across Clyde’s eyes before he whispered, “I won’t make any decision before President Morgan makes his stance clear…”
Thomas couldn’t help but hesitate for a moment when he heard this. Then, he said lightly, “Mr. McDonald’s opinion is my opinion. Since Mr. McDonald wants to do this project, I will support him unconditionally…”
“Since President Morgan has said so, then I also choose to support Mr. McDonald unconditionally!”
Clyde hurriedly shouted with a flattering expression.
Connor looked at Clyde and smiled faintly. Then, he asked the shareholders who wanted to withdraw their shares, “Do you still want to change your mind?”
When everyone heard Connor’s words, they looked at each other, but they didn’t seem to have any thoughts of changing their minds. They wanted to use this method to change Connor’s decision.
Thomas’s support for Connor was within the expectations of these people. After all, Thomas had not said a word before. Although Clyde had also chosen to support Connor, it did not have much of an impact. Therefore, the shareholders present felt that as long as they could join forces, they would definitely be able to threaten Connor.
“No one is going to change their minds, right?”
Connor called out expressionlessly, then said to Thomas, “President Morgan, go and prepare the contracts for these people now. Recover all the shares they hold according to the market value and transfer them to your name!”
“Mr. McDonald…”
Thomas never thought that Connor would use such a rough method to solve this problem. A strange look flashed across his eyes.
One had to know that the risk and price of Connor doing such a thing was still very terrifying!
“If the company’s funds are not enough, then transfer them from other companies. I have so many companies under me. If it really doesn’t work, I can sell one or two to fill this hole!” Connor said domineeringly to Thomas.
When everyone heard Connor’s words, they were instantly dumbfounded.
Only then did they realize that Connor really intended to buy the shares in their hands.