Michael Dell and Silver Lake Partners paid about 22 percent too little for Dell when they took the company private in 2013 and will have to pay millions of dollars more to shareholders who opposed the deal, a Delaware court ruled on Tuesday.

Though the buyers paid $24.9 billion, or $13.75 per share, the company’s actual fair value at the time was $17.62 per share, according to Delaware Vice Chancellor Travis Laster.

The decision comes in response to a lawsuit brought by a number of Dell investors who felt shortchanged by the deal. Through what’s known as an appraisal suit, they asked the Chancery Court to determine the fair value of their shares at the time.

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