I know things seem bleak…Spoiler Mentioned (Spoilers)

viennagirl , 11/4/2022, 3:56AM(543 days ago) @takerkid- one person liked this

Steffy, Thomas, and Ridge have controlling interest in FC so they can't be ousted.

I don't think it is so much a matter about the shares as it is about the CEO position.
The CEO hires and fires. (the shareholders can appoint the CEO)

shares:
Bill got fired and removed from SP, when he still had 49% of its shares, but Karen and Katie had 51% and Karen appointed Katie as CEO.
Bill was still a major shareholder of SP, but didn't have much say in his own company.

Karen: The wind shifted today. You and I are no longer equal partners in Spencer Publications. Katie owns 1%. That knocks you down to 49%, which makes me the majority shareholder. And, as such, I have made my first executive decision. Would you like to tell him?

Katie: Karen appointed me C.E.O. of Spencer Publications today. Effectively immediately, you're fired

2010
Stephanie, Eric, Taylor and Ridge all had 25% of FC, when Ridge fired Steffy
Taylor then gifted her shares to Steffy - and Ridge still told Taylor that this wouldn't change anything as Ridge was the CEO and wouldn't allow Steffy back into FC.

Currently:
Thomas has 5%
Steffy has 37,5%
Ridge has 20%
Eric has 37,5%
-> but aren't Steffy and Ridge still both Co-CEOs?

As someone else has mentioned, they once have given Eric a special power to appoint the CEO (thanks to Stephanie).

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