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Super Majority

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Super Majority
A proposal requiring more than a simple majority of the votes eligible to be cast at an annual or special meeting. A super majority is often a 2/3 (66.66%) vote, but it can be as high as 3/4 (75%) or 4/5 (80%).

Supermajority
A percentage of shareholders, usually 67% to 90%. A supermajority is often required for a company to take certain actions, such as amending the charter. Some companies require supermajorities as anti-takeover measures. For example, a company may require two-thirds of shareholders to approve of a merger or acquisition. Supermajority provisions exist primarily to ensure the company's independent survival, but they may limit the board of directors' authority in even a friendly takeover.


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While analysts say its super majority could be lost, Zuma insisted that COPE, which has tried to eat into the ANC support base, will not make significant electoral inroads.
Vote "no" in November on the Super Majority referendum and keep our community and economy healthy.
The truth is, the electoral system used for the elections gave grossly unrepresentative results in which Hamas won nearly a super majority of seats even though they didn't win even a majority of votes.
 
 
 
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