Sentences with phrase «class b voting»

Mr. Cotter controls Reading through the very small illiquid Class B voting shares, but also has a much larger shareholding and economic stake in the more liquid RDI nonvoting shares, which are the same share class we now hold in size.

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.

Not exact matches

In 1996, Buffett created Class B shares worth 1 / 30th of Class A shares, but with lesser voting rights, to stop fee - hungry managers from creating «unit trusts» that sliced up Class A shares for smaller investors seeking «Berkshire look - alikes.»

She has also relinquished her voting control of Theranos by converting her super-majority Theranos Class B Common shares to Class A Common shares.

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.

The company has more than 40 million Class B shares outstanding, which carry 10 votes per share.

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.

If you are a holder of Alphabet Class A or Class B common stock as of the Record Date, you are requested to vote on the items of business described in this proxy statement.

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.

Such conversions of Class B common stock to Class A common stock upon transfer will have the effect, over time, of increasing the relative voting power of those holders of Class B common stock who retain their shares in the long term.

Each Class A share has 10 votes while each Class B share has one vote.

Because of the ten - to - one voting ratio between our Class B and Class A common stock, the holders of our Class B common stock collectively will hold more than a majority of the combined voting power of our common stock upon the completion of our initial public offering, and therefore such holders will be able to control all matters submitted to our stockholders for approval.

In addition, each share of our Class B common stock will convert automatically into one share of our Class A common stock upon any transfer, whether or not for value, except for transfers to existing holders of Class B common stock and certain other transfers described in our amended and restated certificate of incorporation, or upon the affirmative vote of a majority of the voting power of the outstanding shares of our Class B common stock, voting separately as a cClass B common stock will convert automatically into one share of our Class A common stock upon any transfer, whether or not for value, except for transfers to existing holders of Class B common stock and certain other transfers described in our amended and restated certificate of incorporation, or upon the affirmative vote of a majority of the voting power of the outstanding shares of our Class B common stock, voting separately as a cClass A common stock upon any transfer, whether or not for value, except for transfers to existing holders of Class B common stock and certain other transfers described in our amended and restated certificate of incorporation, or upon the affirmative vote of a majority of the voting power of the outstanding shares of our Class B common stock, voting separately as a cClass B common stock and certain other transfers described in our amended and restated certificate of incorporation, or upon the affirmative vote of a majority of the voting power of the outstanding shares of our Class B common stock, voting separately as a cClass B common stock, voting separately as a classclass.

When the shares of our Class B common stock represent less than 5 % of combined voting power of our Class A common stock and Class B common stock, the then - outstanding shares of Class B common stock will automatically convert into shares of Class A common 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.

Furthermore, investors purchasing shares of our Class A common stock in this offering will only own approximately % of our outstanding shares of Class A and Class B common stock (and have % of the combined voting power of the outstanding shares of our Class A and Class B common stock), after the offering even though their aggregate investment will represent % of the total consideration received by us in connection with all initial sales of shares of our capital stock outstanding as of September 30, 2010, after giving effect to the issuance of shares of our Class A common stock in this offering and shares of our Class A common stock to be sold by certain selling stockholders.

All outstanding shares of our Class B common stock will convert into shares of our Class A common stock when the shares of our Class B common stock represent less than 5 % of the combined voting power of our Class A common stock and Class B common stock.

These holders of our Class B common stock may have interests that differ from yours and may vote in a way with which you disagree and which may be adverse to your interests.

Accordingly, the voting power afforded to the Continuing LLC Owners through their shares of Class B common stock is automatically and correspondingly reduced as they exchange LLC Units for shares of Class A common stock pursuant to the Exchange Agreement described below.

Accordingly, the voting power afforded to the Continuing LLC Owners by their shares of Class B common stock is automatically and correspondingly reduced as they exchange LLC Units and Class B common stock for shares of the our Class A common stock pursuant to the Exchange Agreement.

Conversion Rights — All convertible preferred stock will be automatically converted into common stock upon (i) the closing of an underwritten public offering of shares of common stock of the Company at a public offering price per share that provides at least $ 100 million in aggregate gross proceeds or (ii) approval of at least (a) holders of 66 % of the Series A convertible preferred stock, voting as a single class on an as - converted basis; (b) holders of a majority of the Series B convertible preferred stock, voting as a single class on an as - converted basis; (c) holders of a majority of the Series D convertible preferred stock, voting as a single class on an as - converted basis; and (d) the holders of at least a majority of the then outstanding shares of convertible preferred stock (voting together as a single class and not a separate series, and on an as - converted basis)b) holders of a majority of the Series B convertible preferred stock, voting as a single class on an as - converted basis; (c) holders of a majority of the Series D convertible preferred stock, voting as a single class on an as - converted basis; and (d) the holders of at least a majority of the then outstanding shares of convertible preferred stock (voting together as a single class and not a separate series, and on an as - converted basis)B convertible preferred stock, voting as a single class on an as - converted basis; (c) holders of a majority of the Series D convertible preferred stock, voting as a single class on an as - converted basis; and (d) the holders of at least a majority of the then outstanding shares of convertible preferred stock (voting together as a single class and not a separate series, and on an as - converted basis).

Kalanick holds approximately 10 % of Uber's stock, including roughly 16 % of its voting power and 35 % of its Class B common stock.

MCCI Class A and Class B exchangeable shares offer substantially the same economic and voting rights as the respective classes of common shares of MCBC, as described in MCBC's annual proxy statement and Form 10 - K filings with the U.S. Securities and Exchange Commission.

For example, if we were to make a distribution of cash to the holders of Class C common stock but not make a cash distribution or make a distribution of stock instead of cash to the holders of Class A common stock and Class B common stock, the holders of a majority of Class A common stock and Class B common stock, voting together as a single class, would be required to approve that dividend or distribuClass C common stock but not make a cash distribution or make a distribution of stock instead of cash to the holders of Class A common stock and Class B common stock, the holders of a majority of Class A common stock and Class B common stock, voting together as a single class, would be required to approve that dividend or distribuClass A common stock and Class B common stock, the holders of a majority of Class A common stock and Class B common stock, voting together as a single class, would be required to approve that dividend or distribuClass B common stock, the holders of a majority of Class A common stock and Class B common stock, voting together as a single class, would be required to approve that dividend or distribuClass A common stock and Class B common stock, voting together as a single class, would be required to approve that dividend or distribuClass B common stock, voting together as a single class, would be required to approve that dividend or distribuclass, would be required to approve that dividend or distribution.

Upon the completion of this offering, our existing owners will continue to control a majority of the combined voting power of our Class A and Class B common stock.

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.

Footnote 1 explains that Class B shares get 10 votes, while Class A shares have 1 vote.

As a U.S. company, its pay vote is advisory, not binding; moreover the company's share class structure means that approval is effectively assured, with founders» Class B shares carrying ten times the voting power of ordinary Class A. Nonetheless, opposition has been bubbling up, with an amendment to the company's stock plan generating a 28 % against vote at the 2016class structure means that approval is effectively assured, with founders» Class B shares carrying ten times the voting power of ordinary Class A. Nonetheless, opposition has been bubbling up, with an amendment to the company's stock plan generating a 28 % against vote at the 2016Class B shares carrying ten times the voting power of ordinary Class A. Nonetheless, opposition has been bubbling up, with an amendment to the company's stock plan generating a 28 % against vote at the 2016Class A. Nonetheless, opposition has been bubbling up, with an amendment to the company's stock plan generating a 28 % against vote at the 2016 AGM.

SHARE director of law and policy Laura O'Neill said the only other directors she knows of who failed to win majority support this year were on the board of Quebecor Inc., where holders of class B subordinate shares voted just 43 per cent in favour of electing the entire board as a slate.

Founder Zuckerberg controls Facebook through Class B shares that come with 10 votes apiece.

I too have been reading since the beginning — who needs a story — you've got the man, you've got the happiness, and you've got the skills to make one hell of an empty stomach feel like the luckiest organ in the world — Besides, my husband, who was able to vote when I was born, just happens to be my professor from college... And when people ask what grade I got in his class, I become quiet and with a slight whisper say «I got a B» — And that was only 1 of 3 B's I got in college... Our story is wonderful for him since he nabbed the young student... Doesn't sound so good for me, but I love him and sharing it regardless... Happy Anniversary Deb and Alex!!!

Up until 1974, 70 % of people in classes C2, D and E voted Labour and 80 % of people in classes A, B and C1 voted Conservative — at pretty much every election.

I also think Berkshire Hathaway is attractive at current valuations, but I don't like the Class B shares because I believe they give less voting privileges per dollar invested (correct me if I'm wrong).

The $ 0.10 (Canadian) dividend yields 2.0 % for the class A voting shares; the $ 0.102 dividend paid on the more liquid class B subordinate voting shares also yields 2.0 %.

As to the reasons for the proposed merger (as opposed to a simple amendment to the Certificate of Incorporation): Section 242 (b) of the Delaware General Corporation law provides that a class vote is ordinarily required to approve an increase in the authorized number of shares of that class.

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.

I don't really think that the voting rights for the class A shares have any value because Malone controls the company with his supervoting B shares, so I discounted this seeming difference and dove in.

As you will remember NC had (and still has) a two class share structure; class A shares are publicly traded on the NYSE while class B shares are held by the controlling family and have 10x the voting rights of class A shares.

Typically the Class A shares have voting rights while the Class B shares do not.

[He'll own 193 million Class B shares, which possess 10 times the votes of A shares.

However, there are company structures where a certain class of shares gets more votes (For example, Class A shares get 10 votes per share, Class B shares get 1 vote per shclass of shares gets more votes (For example, Class A shares get 10 votes per share, Class B shares get 1 vote per shClass A shares get 10 votes per share, Class B shares get 1 vote per shClass B shares get 1 vote per share).

As for the A shares, some will argue their votes have no incremental value, since Page / Brin / Schmidt still have majority control via the super-voting power of their unlisted B shares — but if you think a dual - share structure's a bit evil, just a touch more evil might see significantly different values attached to each share class in some value - realisation event!

(b) Applicants may be accepted by ballot at any meeting of the Board of Directors or by vote of the Board of Directors by 1st class mail or email.

Auctions are scheduled for both the Stalking Horse bids and SUNE's ownership of TERP and GLBL (including Class B shares with 10 to 1 voting rights superiority) before the end of the month.

The better course would be to amend the Operating Agreement of the LLC so that he would be a «Class B» member and to provide that «Class B» members do not have voting rights and share 50 - 50 in profits from the game but not in profits from other sources.

The purchase price comprised a cash payment of $ 41.5 million and the issuance of 230,747 Class B subordinate voting shares in the share capital of Logistec.

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.

The voting shares include the contested Class B shares.

Taubman Centers was saved when the Michigan legislature approved a law making the family's B - class common shares legal, giving them the votes they needed to veto the proposed takeover.