European Investor
26 Sep 2025, 17:25
Dell Technologies Reports Share Conversions by Silver Lake Funds
Dell Technologies announced that between September 15 and 22, 2025, Silver Lake-affiliated funds converted a total of 3,915,292 shares of Dell’s Class B common stock into an equal number of Class C common shares. Following the conversions, Dell had 338.6 million Class C shares and 54.8 million Class B shares outstanding as of September 23, 2025.
The conversions were made on a one-for-one basis under Dell’s certificate of incorporation and carried out without registration, relying on the Section 3(a)(9) exemption of the Securities Act. No commissions or remuneration were paid in connection with the exchanges.
Dell Technologies announced that between September 15 and 22, 2025, Silver Lake-affiliated funds converted a total of 3,915,292 shares of Dell’s Class B common stock into an equal number of Class C common shares. Following the conversions, Dell had 338.6 million Class C shares and 54.8 million Class B shares outstanding as of September 23, 2025.
The conversions were made on a one-for-one basis under Dell’s certificate of incorporation and carried out without registration, relying on the Section 3(a)(9) exemption of the Securities Act. No commissions or remuneration were paid in connection with the exchanges.
