Sentences with phrase «a voting stock»

If the business is a corporation, «at least 51 percent of each class of voting stock and 51 percent of the aggregate of all outstanding shares of stock must be unconditionally owned by an individual (s) determined by SBA to be socially and economically disadvantaged,» stated the Small Business Administration.

National Amusements in turn controls about 79 percent of the voting stock in Viacom and 76 percent in CBS — and about 11 percent of the equity in each.

Gaining Shari's voting stock — which amounts to close to 16 percent of the votes in both Viacom and CBS and is held by National Amusements — would simply add to Sumner's already ironclad control of both companies.

As the owner of more than 90 % of voting stock at the company, Adderley has control over the election of the company's board directors, its advisory Say on Pay vote, and, at the coming May annual meeting, to renew the Kelly's short and long - term compensation plans.

This could include a deal in which Sumner acquires Shari's voting stock in Viacom and CBS, according to multiple sources close to the matter, although it is far from clear that Shari will assent to such an agreement.

The Redstone family controls nearly 80 % of the voting stock of Viacom and CBS through their investment vehicle, National Amusements Inc..

When Facebook staged its initial public offering six years ago, it implemented a dual - class share structure that means Zuckerberg personally controls a majority of the voting stock even though other investors own the majority of the financial value of the company.

Minority Ownership - Minority Ownership is less than fifty percent ownership of a corporation voting stock, or not enough ownership to control the company operations.

If the other shares are widely dispersed, and not actively voted, ownership of more than fifty percent of a company is voting stock...

Limited voting stock - Limited voting stock is a class of stock providing its holders with smaller than proportionate voting rights in comparison with another class of stock issued by the same firm.

As I mentioned above, it won't be voting stock.

Access to the Proxy: Companies should provide access to management proxy materials for a long - term investor or group of long - term investors owning in aggregate at least three percent of a company's voting stock, to nominate less than a majority of the directors.

Equity ownership of another business that confers the ability to control business activities (generally 50 % or more of voting stock).

We can not predict whether this structure, combined with the concentrated control by Mr. Spiegel and Mr. Murphy, will result in a lower trading price or greater fluctuations in the trading price of our Class A common stock as compared to the market price were we to sell voting stock in this offering, or will result in adverse publicity or other adverse consequences.

The trustee holder of the special Class A voting stock and the special Class B voting stock has the right to cast a number of votes equal to the number of then outstanding Class A exchangeable shares and Class B exchangeable shares, respectively.

In order to comply with requirements under U.S. law governing the ownership and control of U.S. airlines, at least 75 % of the voting stock of the Company must be held by U.S. citizens and at least two - thirds of the Board of Directors must be U.S. citizens.

The restrictions imposed by federal law currently require that no more than 25 % of our voting stock be voted, directly or indirectly, by persons who are not U.S. citizens, and that our president and at least two - thirds of the members of our board of directors and senior management be U.S. citizens.

U.S. citizen investors own over 75 % of the voting stock of the Company, of which Cyrus Capital Partners L.P., the largest single U.S. investor owns approximately 40 % as of December 31, 2013 and March 31, 2014 (unaudited).

The 20 - year - old RA 7721 allowed the entry of foreign banks either through ownership of up to 60 per cent of the voting stock of an existing domestic bank or of a new banking subsidiary or establishment of branches with full banking authority.

He and his dapper little Philadelphia lawyer, Francis W. Sullivan, kept all of the voting stock.

To divest or vote stock holdings?

Diversified investment management company: An investment company with 75 % of the value of its assets held in cash or cash equivalents, government securities, securities of other investment companies, or securities of other issuers; no more than 5 % of its total assets in the securities of any one company; and ownership of no more than 10 % of the outstanding voting stock of any one company.

NASCAR's France family controlled more than two - thirds of the voting stock of International Speedway, and the two companies shared many of the same individuals among their executive ranks.

The SEC rule change is expected to say that such elections are no longer routine items and brokers can't vote the stock either way without shareholder instructions.

For purposes of this subdivision, the term control means ownership of all of the voting stock or comparable voting interest of the controlled person.

Many investors believe it is, and they routinely avoid companies with multiple classes of voting stock.

in a corporation, owns, directly or indirectly, 50 % or more in value of either the voting stock of the corporation or all of the stock of the corporation.

Your policy would also protect any subsidiary for which you own more than 50 % of the voting stock and any newly acquired organization for 90 days to newly acquired companies.

The creation of a new nonvoting stock class — a plan that came together this spring — allowed Zuckerberg to pursue his long - term philanthropic interests with his wife, while at the same time maintaining control of the company and avoiding dilution of its voting stock.

What's more important is that Zuckerberg, who owns the majority of Facebook voting stock and has sought to cement that control permanently, has endorsed its existence.

BE-10 must be filed by any U.S. person who had direct or indirect ownership or control of at least 10 percent of the voting stock of a foreign business enterprise at any time during 2014.

141 DOS 93 Matter of DOS v. Pozzanghera - salesperson can't own voting stock or be officer of licensed corporation (175.22); separate escrow account required (175.1); unlicensed name; illegal to claim or retain commission for services while not properly licensed; failure to pay judgment; failure to file termination of associate card; representative broker liable for illegal ads; revocation of broker's license discontinues salesperson's association per RPL § 441 - d

730 DOS 02 DOS v. New World Realty of New York, Inc. — availing of license; deposits; disclosure of agency relationships; duty to supervise sales associates; failure to pay judgment; proper business practices; DOS has jurisdiction where disciplinary action was started while individual was licensed as an associate broker and was eligible to automatically renew at the time of the disciplinary hearing; salesperson owned voting stock in licensed corporate real estate broker, failed to pay judgment and failed to present evidence of inability to do so, and engaged in unlicensed activity after license expired; representative broker availed corporate real estate brokers license to salesperson; representative broker failed to properly supervise salesperson by permitting and authorizing salesperson to act as a real estate broker; broker and salesperson failed to make agency disclosures and failed to deposit funds of principal in a special bank account; real estate transaction conducted was a fraudulent business practice; DOS fails to prove the unauthorized practice of law; salesperson's license revoked and salesperson ordered to pay refund of $ 1,406.00 of illegal commission collected; representative broker's license revoked and broker ordered to refund $ 74.00 of illegal commission collected; representative broker fined $ 5,000.00

1919 DOS 07 Matter of Rite Buy Homes - salesperson holds himself out as broker; failure to supply copies; failure to make disclosures; improper ownership of voting stock; 175.4, 175.7, 175.22; other salesperson avails license; revocation and prohibition on reapplication unless refund unearned commission of $ 11,056 plus interest; one year suspension of salesperson who availed license

7 DOS 00 DOS v. Flagship Marketing Group - availing of license; failure to cooperate with DOS investigation; jurisdiction; proper business practices; ex parte hearing may proceed upon proof of proper service; DOS retains jurisdiction over party not licensed at the time of the hearing where, at that time the complaint was served, the party was (i) licensed, (ii) an applicant for a license or renewal, or (iii) was eligible to automatically renew; salesperson is prohibited both from owning, directly or indirectly, singly or jointly, any shares of voting stock in and from being an officer of any licensed real estate brokerage corporation with which the salesperson is associated; representative real estate broker availed the corporate broker license to an associated salesperson where the office was operated by the salesperson without the direct supervision of the representative broker and the salesperson conducted business as a broker for his own benefit; representative real estate broker engaged in fraud by availing the corporate real estate broker license to a salesperson; representative broker's availing of corporate broker's license for which the corporate broker is vicariously liable; failure to provide business records constitutes failure to cooperate with DOS investigation; DOS fails to establish fraud, ignorance or negligence is not sufficient to prove mistake; pressure, regardless of how severe, is not undue influence; restitution denied where funds sought were received by an entity not named or charged in the complaint; corporate broker fined $ 3,000.00, representative broker's license revoked and fined $ 3,000.00 and salesperson fined $ 5,000.00

Not exact matches

JERSEY CITY, N.J. / BOSTON, May 2 - Goldman Sachs Group Inc leaders said more than 87 percent of shares were voted in favor of its executive pay at its annual shareholder meeting, and that a stock plan for employees was approved by more than 65 percent of votes cast.

In November 2009, Facebook's board of directors voted to establish a dual - class stock structure, moving the existing shareholders stock from Class A to Class B shares, which carry 10 times the voting power.

For Coutu, who has a 93 % voting stake in his company, the merger personally earns him $ 2.5 billion in cash and stock, and gives him a 6 % stake in Metro.

Investors and traders were with the bookies, as the pound rose to the a five - month high on the eve of the vote and European stock markets posted their largest three - day gain in almost a year.

The stock market has added a quarter to its value since the election, a $ 5 trillion vote of confidence.

Dual stock - structure doesn't necessarily give Zuckerberg final say in every decision, but his votes carry so much weight that it makes him an incredibly powerful player in the company»» even apart from his status as founder and CEO.

U.S. stock index futures pointed to a mixed open on Friday as traders await a vote for the Republican - led health - care bill.

Also, in an unprecedented move for U.S. publicly traded companies, Snap stock will have zero voting rights.

Kalanick owns 10 % of the stock and 16 % of the voting power.

What happens, according to a paper Martin Schmalz, assistant professor of finance at University of Michigan wrote with Jose Azar and Isabel Tecu of Charles River Associates, is that stock ownership becomes too concentrated when companies like Blackrock or Vanguard, two large managers of index funds, vote the shares of passive funds.

Einhorn, fund manager for Greenlight Capital, accused Apple of cash hoarding earlier last week and is encouraging shareholders to vote against Apple's proxy because he thinks proposition two will kill the option of Apple issuing preferred stock.

After the U.K. voted in June to leave the EU, global stocks went into a tailspin — and almost immediately shrugged it off.

Italian stocks fell at the start of this morning's trading, after populist parties won almost half the vote in Italy's Sunday elections, and early results suggested the country is heading for a hung parliament due to no party or coalition of parties meeting the 40 % threshold for stable governance.

Over the past week, two advisory firms recommended TMX Group shareholders vote in favour of the proposed merger with the London Stock Exchange on June 30, and reject the rival takeover offer from the Maple Group.

Redstone remains firmly in control of Viacom and CBS because both companies issue two classes of stock, voting and non-voting.