Sentences with phrase «approved by shareholders»

The transaction, which has now been approved by shareholders for all parties involved, includes 35 high - profile regional malls across the country.
The vote on the remuneration policy will in principle be binding, which means that companies are only able to pay remuneration on the basis of the policy approved by shareholders.
That acquisition was approved by shareholders of both companies on Friday.
On Friday, Alitalia announced $ 500 million in new funding on Friday, a move that was approved by its shareholders this week.
Interim and special dividends are recognised when paid and final dividends when approved by shareholders.
If the scheme is approved by the shareholders it must then be approved by the court before it can be implemented, and the cash and / or shares are paid to you.
In no case (except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders) will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, or (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award.
The decision to exercise the option was approved by the shareholders.
For CF, that represents a reduction from the current 25 % threshold — a level that was approved by shareholders under a binding vote in 2014.
In no case, except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders, will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award, or (4) take any other action that is treated as a repricing under U.S. generally accepted accounting principles.
The move has been blessed by regulators and is likely to get approved by shareholders.
Genish was co-opted by the board last September following the resignation of his predecessor, but his appointment has to be approved by shareholders to continue beyond the AGM.
The beverage company's new guidelines for a plan already approved by shareholders at the annual meeting earlier this year mean it will issue fewer stock awards each year, addressing concerns that the plan would dilute their investments and was too generous.
It still needs to be approved by shareholders and Chinese regulators.
Employee stock - option programs are typically authorized by a company's board of directors (and have historically been approved by the shareholders) and give the company discretion to award options to employees equal to a certain percentage of the company's shares outstanding.

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.
The transaction was unanimously approved by the board of directors of both companies and is expected to close in the second half of 2018, if it's approved by regulators and shareholders.
The new policy, in which Unilever is moving to a «fixed pay» structure, was approved by 64.2 percent of the UK group's shareholders, with nearly 35.8 percent opposing it.
Shareholders led by the French state voted against his compensation in 2016 but approved it narrowly last year.
Although shareholders have yet to approve the deal, the banks would «re-pay shares at a pre-defined value in next few months, avoiding the risk of uncertain evolution of huge claims by shareholders and clients,» Maria Paola Toschi, global market strategist at JPMorgan Asset Management, told CNBC on Tuesday via email.
The transaction must be approved by ILG and Marriott Vacations shareholders.
JERSEY CITY, N.J. / BOSTON, May 2 (Reuters)- 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.
The entire deal has to be approved by Euronews shareholders by the end of this month, with completion expected by the end of March or early April, the source added.
The statement of claim also alleges that Ferro massively diluted the existing shareholders by issuing Soon - Shiong shares worth about 13 % of the company (Tribune says «The stock sales to Merrick Media and Nant Capital were approved by the Board of Directors and will provide valuable growth capital to allow the company to execute on its new value - creating business plan).
This number is calculated using the share counting rules described in Sections 5 (a) and 5 (b) of the 2014 Plan and includes the number of shares available for new award grants under the 2014 Plan out of the 385 million shares authorized by shareholders upon adoption of the 2014 Plan; the number of shares available for new award grants under the 2003 Employee Stock Plan (the «2003 Plan») on the date that shareholders approved the 2014 Plan; the number of shares subject to outstanding stock options under the 2003 Plan and 2014 Plan as of November 17, 2015; and two times the number of shares subject to outstanding RSUs under the 2003 Plan and 2014 Plan as of November 17, 2015 (all adjusted for the 7 - for - 1 stock split).
The affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of E&Y as Walmart's independent accountants for fiscal 2014; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Management Incentive Plan, as amended; and (iv) the adoption of each of the shareholder proposals.
DALLAS --(BUSINESS WIRE)-- NexPoint Credit Strategies Fund (NYSE: NHF)(«NHF») today announced that it has set February 17, 2015 as the new record date for its special meeting of shareholders, which is scheduled for March 6, 2015, to approve a new investment advisory agreement to be entered into by NHF's subsidiary NexPoint Residential Trust, Inc. («NXRT») in connection with NHF's proposed spin - off of NXRT.
At any meeting at which a quorum has been established, the affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of EY as Walmart's independent accountants for fiscal 2016; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Stock Incentive Plan of 2015; and (iv) the adoption of each of the shareholder proposals.
Under the terms of the merger agreement, which has been unanimously approved by the Boards of both companies, ILG shareholders will receive $ 14.75 in cash and 0.165 shares of MVW common stock for each ILG share.
DALLAS --(BUSINESS WIRE)-- NexPoint Credit Strategies Fund (NYSE: NHF)(«NHF») announced today that its shareholders have approved a new investment advisory agreement to be entered into by NHF's subsidiary NexPoint Residential Trust, Inc. («NXRT») in connection with NHF's proposed spin - off of NXRT.
Strine granted summary judgment to M&F Worldwide, finding that the board did not breach its duty to shareholders when it approved a $ 25 per share offer by MFW's controlling shareholder, MacAndrews & Forbes (which, in turn, is wholly owned by Ron Perelman).
This is because the deal — which was ultimately approved by the board — transferred control of Xerox to Fujifilm without any payment to shareholders, named Jacobson as CEO of the combined entity, and gave Jacobson / Xerox say over the makeup of the combined entity's board.
Review and recommend to the Board for approval the frequency with which the Company will conduct «Say on Pay» votes, taking into account the results of the most recent shareholder advisory vote on frequency of Say on Pay votes required by Section 14A of the Exchange Act, and review and approve the proposals regarding the Say on Pay vote and the frequency of the Say on Pay vote to be included in the Company's proxy statement.
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.
The vote - counting methodology used by the Company does not inherently favor proposals submitted by the Board over proposals submitted by shareholders, as the vote - counting standard for approving any proposal other than for the election of directors is identical.
The sale, which still must be approved by Yahoo shareholders and regulators, also does not include Yahoo's cash and its noncore patents, which it is trying to sell separately.
In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..
But the agreement to sell to General Mills has been approved by a group of shareholders who own more than 50 percent of Blue Buffalo's stock, and the transaction is expected to close by the end of 2018.
Shareholders of Calgary - based construction company Aecon have voted overwhelming to approve a C$ 1.5 - billion takeover of the company by a Chinese firm.
Back in December, shareholders in Aecon Group Inc. voted to approve a $ 1.5 - billion takeover of the Canadian construction company by a Chinese state - owned CCCC International Holding Ltd..
The merger has not been approved by either company's shareholders, though the vote is expected to take place on Nov. 17.
For the buyout plan to go through, it needs to be approved by 50 percent of shareholders not including Michael Dell.
Dividends are payable to the holders of preferred shares according to set formula, and to common shareholders when approved by the board of directors
American Brewing already has more than 100 shareholders — the largest of whom is Fallon — and once the company is approved by the regulatory agencies, it will be listed as an over-the-counter stock so it can be publicly traded.
If shareholders approve the sale of the stake to TCCC, CCA expects returns in Indonesia to cover cost of capital by 2020.
At the annual general shareholders» meeting on 22 June, the Omira shareholders approved the takeover of German dairy Omira by France's Lactalis Group with an overwhelming majority of 97.8 %.
If the Scheme is approved by Coal & Allied shareholders, and subject to Coal & Allied obtaining a ruling from the Australian Taxation Office, Coal & Allied will announce a fully franked special dividend of A$ 8 per share.
Target has ceded the issue to its shareholders, and asserted that because the change has been approved by a majority of the board of directors, it now only needs the affirmative vote of the majority of the outstanding shares of Target common stock voting at a meeting where the quorum requirement is met.
The outcome of the case is uncertain, but in the event that the plaintiff's claim is approved by the court, a number of Sparinvest SICAV sub-funds can potentially gain from the lawsuit, being former Postbank shareholders.
The Board has approved portfolio holdings disclosure policies that govern the timing and circumstances of disclosure to shareholders and third parties of information regarding the portfolio investments held by the Fund.
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