General Automation Ups Share Authorization

General Automation Inc. said its shareholders approved a proposal to increase the number of authorized common shares to 30 million from 20 million, and also approved the creation of a new class of 10 million shares of preferred stock.

The Anaheim-based computer maker said it currently has 5.4 million shares outstanding.

Chairman Leonard N. Mackenzie said the new preferred shares would “provide important flexibility” in raising capital.

Joseph Allen, a company spokesman, said there are no current plans to issue either additional common shares or the new preferred stock.