Sentences with phrase «b shareholders class»

I would have thought that shareholders of NC class A shares would receive only class A shares in HBB and class B shareholders class B shares, but this was not the case.

Not exact matches

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 pclass stock structure, moving the existing shareholders stock from Class A to Class B shares, which carry 10 times the voting pClass A to Class B shares, which carry 10 times the voting pClass B shares, which carry 10 times the voting power.

His last open letter to shareholders makes the point clearly about investing in creating value — «Berkshire's gain in net worth during 2016 was $ 27.5 billion, which increased the per - share book value of both our Class A and Class B stock by 10.7 %.

Kalanick's large holdings of Class B shares, which awarded him 10 - to - 1 voting power, will transform so each shareholder has one vote per share, The New York Times reported.

This would include efforts at the earliest practicable time toward encouragement and negotiation with Class B shareholders to request that they relinquish, for the common good of all shareholders, any preexisting rights.

If, for example, our existing shareholders retain a significant portion of their holdings of Class B common stock for an extended period of time, they could, in the future, continue to control a majority of the combined voting power of our outstanding capital stock.

Class A shareholders receive one vote per share, Class B shareholders receive 10 votes per share and Class C shareholders receive no voting rights.

This is for mutual funds with share classes decided when shareholders pay the fund's load or sales charge, Class - B shares carry a deferred sales charge during a five - to 10 - year holding period intended from the time of the initial investment.

There are a good chunk of Class B shares that belong to other Alphabet board members and even some shareholders not on Alphabet's board.

The first is a familiar one: A shareholder group asked Alphabet to scrap its dual - voting structure, proposed four years ago, that clumps most voting power in Class B shares, which are primarily owned by Google co-founders and Alphabet chiefs Larry Page and Sergey Brin.

Aleph Investments generally will vote against proposals to move the company to another state less favorable to shareholders interests, or to restructure classes of stock in such a way as to benefit one class of shareholders at the expense of another, such as dual classes (A and B shares) of stock.

Existing Class B shareholders can find more information in the Fund's current prospectus.

Existing Class B shareholders may continue to reinvest dividends and capital gains distributions, as well as exchange their Class B shares for Class B shares of other Funds as permitted by the current exchange privileges.

When Hamilton Beach (HBB) was spun out of NC on Sept 30 each NACCO shareholder, whether class A or B, received one class A share and one class B share of Hamilton Beach for each NC share owned as of the record date.

That's because Zuckerberg owns more than 75 % of Facebook's class B stock, which get 10 shareholder votes — compared to the one vote for an ordinary Facebook investor who owns the A shares that are traded on Wall Street.