Sentences with phrase «preferred share capital»

Not exact matches

Hedge fund manager David Einhorn at Greenlight Capital has made plenty of headlines in demanding that Oppenheimer open up the spigots and issue preferred shares that Einhorn believes would increase Apple's stock by one - third.

The president and CEO of Alaris Royalty Corp. (TSX: AD), which provides other companies with capital in exchange for non-voting preferred shares, is far more interested in talking about entrepreneurs.

Most of the capital provided to these companies comes from high - yield («junk») corporate bond sales, preferred share offerings, and debt.

Malachite Aggressive Preferred Fund (MAPF) has been established to achieve a long - term capital growth in addition to a high level of after - tax income through investment primarily in preferred shares and preferred securities listed on the Toronto Stock Exchange.

Warrant to purchase shares of convertible preferred stock issued to TriplePoint Capital LLC, dated as of March 17, 2010.

Capital Stock - Capital stock is the number of shares a specific company has authorized for sale in accordance with the company's charter, and that includes both common stocks and preferred stocks.

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

Given the absence of a public trading market of our common stock, and in accordance with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.

The pro forma column reflects (a) the redesignation of our outstanding common stock as Class B common stock in 2015, (b) the automatic conversion of all shares of our convertible preferred stock outstanding as of March 31, 2015 into shares of our Class B common stock, (c) the automatic conversion of the convertible preferred stock warrants to Class B common stock warrants, and the resulting remeasurement and assumed reclassification of the redeemable convertible preferred stock warrant liability to additional paid - in capital, and (d) the filing and effectiveness of our restated certificate of incorporation.

The BEV, which was derived from the proposed tender offer transaction price of $ 17.00 per share of our common stock and Class A junior preferred stock, was then allocated to our capital structure using the Black -

The BEV, which was derived from the tender offer transaction price of $ 17.00 per share of our common stock and Class A junior preferred stock, was then allocated to our capital structure using the Black - Scholes option - pricing model.

The purchase price per share in the tender offer represented an excess to the fair value of the Company's outstanding common stock and Series A through Series F convertible preferred stock, as determined by the Company's most recent valuation of its capital stock at time of the transaction.

Others require preferred shares with essentially the same terms and conditions as institutional venture capital investors.

Created four years ago as the country's financial system teetered on the verge of collapse, TARP provided more than 700 banks with a combined $ 205 billion of capital by buying dividend - paying preferred shares.

WAMC's David Guistina talks with Mike Spain of the Times Union about a federal appeals court upholding the constitutionality of the SAFE Act as well as Connecticut's post-Newtown gun control law, Uber fighting to bring ride sharing into the Capital Region, and New Yorkers found to overwhelmingly prefer dogs to cats.

The capital shares get all or most of the capital gains and losses; the preferred shares get most of the dividend income.

Dividend 15 Split Corp. has two share classes: Dividend 15 Split Corp. capital shares (Toronto symbol DFN), and Dividend 15 Split Corp. preferred shares (Toronto symbol DFN.PR.A).

Canadian Banc Corp. is a split - share company with two types of stock: capital shares ($ 12.85, symbol BK on Toronto) and preferred shares ($ 10.26, symbol BK.PR.A on Toronto).

Usually, the capital shares get all or most of the capital gains and losses, and the preferred shares get most of the dividend income.

Sometimes when a company's common stock continues to perform poorly, in a capital restructure, bonds may be converted to preferred shares, which gives bond holders continued income payments as dividends.

Rate - reset preferred shares are permanent capital with limited rights for the owners, meaning holders can do nothing to demand the return of their original investment.

Others prefer not to up tie up working capital toward 100 or more shares of stock.

In the capital structure, preferred shares are subordinate to bank loans and senior corporate bonds, but they are senior to common stock.

E.g. buyers of dividend stocks and preferred shares too often look only at the dividend yield, and ignore the potential for capital gains / losses.

Generally preferred shares have more security than common stock when it comes to payment of dividends and return of original capital.

In the last six years, financial institutions have been issuing preferred shares as subordinate capital to meet the international capital standards.

A profitability ratio that shows the amount earned on a company's total capital - the sum of its common and preferred shares and long - term debt.

At Canso, we have used the RBC CM Bond Indices since they did not include bank capital securities which are practically and legally preferred shares.

The proceeds of the private placement, $ 8 million, were used to repurchase the preferred shares from Mercer and provide $ 500k in working capital for the company.

Bruce Berkowitz's Fairholme Capital appears to be the most «all - in» with respect to position sizing with 35 % of the fund's capital deployed long Fannie and Freddie subordinated preferred Capital appears to be the most «all - in» with respect to position sizing with 35 % of the fund's capital deployed long Fannie and Freddie subordinated preferred capital deployed long Fannie and Freddie subordinated preferred shares.

Many «core» Canadian fixed income managers have made a good living by holding large amounts of bank subordinated debt and more recently the capital securities (essentially preferred shares) of all five major banks.

Four bank holding companies announced that they had redeemed all of the preferred shares that they had issued to the U.S. Treasury under the Capital Purchase Program of the Troubled Asset Relief Program (TARP).

I unfortunately prefer to focus on the fact that to raise the intended amount, they actually had to sell shares amounting to 63.5 % of the pre-existing share capital!

One of my objectives last year in 2008 was to expand my investing knowledge beyond common shares and move up the hierarchy of capital towards preferred shares, bonds and debentures.

To generate a high level of income and long - term capital growth by investing primarily in income producing securities including common shares, preferred shares, income trusts and fixed income securities.

The investment objective of the Horizons Active Preferred Share ETF (the «ETF») is to provide dividend income while preserving capital by investing primarily in preferred shares of Canadian companies.

He co-manages the Renaissance Diversified Income Fund, which is a Canadian dividend growth fund focused on generating a high level of income and long - term capital growth by investing primarily in income producing securities including common shares, preferred shares, income trusts and fixed income securities.

The efficient market is hard at work transferring the RHG's shares from those on high tax rates who prefer discounted capital gains (such as myself and John Kinghorn) to those who value the franking credits (mostly super funds in pension mode).

Add in companies always using spare capital to buy back shares, and maxing out debts to fit the liberal edge of your preferred rating profile.

The REIT said it would use the proceeds from the transaction to pay down debt, increase working capital and redeem certain preferred shares worth $ 114.6 million.

Part of the mezzanine capital Gordon receives will be a 12 percent preferred investment Taubman will make in the asset, and the other portion of the mezzanine is Gordon's exchange of an ownership interest in the asset for Taubman units priced at $ 24 per share.

In conjunction with the Inland deal, Thomas McAuley, president of Inland Capital Markets Group Inc. and a director of Inland Real Estate Corp., will be added to Feldman's board of directors at the time that the preferred shares are first issued.