Shareholders. Why is this the right plan today . Its the right plan because General Motors stock is confronting a very unusual dynamic. It trades below its multiple in the s p 500. The pe is less than six. They pay out a dividend yield, which is more than 4 . Which puts it among the highest and further, theyre only paying out about a quouquarter of thei earnings, so its very unusual for such a high yielding stock. Which leads us to think theres some investors that just want it for the dividends and dont care about the other 75 of the earnings. And theres other investors that care about the earnings, but not about the dividend b and so, when you buy gm stock, youre just kind of stuck with half that you like and half you dont. So our idea to pay the same money to the same people just do it in two different sets, that way everybody can have what they want. It doesnt change anything else, but when you do some Pretty Simple valuation analysis, if you actually implement ed this plan, which w