Sentences with phrase «by shareholders at»

According to Institutional Shareholder Services (ISS) in Rockville, Md., at least 60 proxy initiatives are in the works by shareholders at major public corporations who seek to end what they see as executive compensation abuses.

Following the positive vote by shareholders at that meeting, the Rainier Small / Mid Cap Equity Fund will be reorganized into the Hennessy Cornerstone Mid Cap 30 Fund on January 16, 2018, based on fund prices as of January 12, 2018.

Resolutions appear on the company's proxy statement and are voted on by all shareholders at the company's annual shareholder meeting.

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.

Not exact matches

Warren Buffett «s Berkshire Hathaway Inc. (brk - a) has become Bank of America Corp's (bac) largest shareholder by exercising its right to acquire 700 million shares at a steep discount, more than tripling an investment it made six years ago.

In a statement, Viacom lead director Salerno, among the directors targeted for removal, called Thursday's action a «brazen and demonstrably invalid attempt» by Shari Redstone «to gain control of Viacom and its management in disregard of Sumner Redstone's wishes,» at odds with the board's efforts «to represent the best interests of all of the shareholders of Viacom.»

Balance sheet, income statement, cash flow statement, statement of changes in shareholders» equity and information by business division included in this press release are extracted from the condensed consolidated financial statements at 31 March 2018 reviewed by the Board of Directors of Arkema SA on 2 May 2018.

ROZZANO, Italy, April 24 - Telecom Italia Chief Executive Amos Genish was backed by nearly all shareholders present at a general meeting on Tuesday, days before a showdown over board seats between the Italian phone group's top two investors.

MILAN, April 23 - A judge ruled in favor of an appeal by Telecom Italia and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.

NEW YORK / TOKYO, May 2 - Xerox Corp said its CEO and most of its board will step down to settle a suit brought by shareholders Carl Icahn and Darwin Deason, with new management planning to look at restructuring or terminating a contentious deal with Fujifilm Holdings.

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.

Wealthy shareholder Gordon Gekko (played by Michael Douglas) addresses other stockholders at a shareholder meeting of the fictional firm Teldar Paper:

NEI filed shareholder resolutions last year with five of the largest Canadian banks calling for them to consider vertical ratios and assess the risks of horizontal benchmarking — setting salaries by comparing what CEOs at rival banks are paid, a practice that some shareholders argue has led to skyrocketing compensation packages.

Adjusted average shareholders» equity is (a) the sum of adjusted shareholders» equity at the beginning and end of each of the quarters for the period presented divided by (b) the number of quarters in the period presented times two.

According to the Financial Times, «JPMorgan executives are particularly concerned at the disappointment felt by Bear's rank and file, many of whom are shareholders, at the low takeover price.»

Shareholders of Africa - focused Papillon Resources voted almost unanimously in favour of a $ 615 million takeover by Canadian - based B2Gold at a scheme meeting held this morning.

That increases the shares outstanding and dilutes the stake of existing shareholders, since shares issued by the company through the exercise of options are not sold in exchange for cash at fair market value but are exercised at a discount.

On Tuesday Buffalo Wild Wings released a presentation to shareholders that emphasized the firm's strength and took shots at recent criticisms flung at the casual dining chain by Marcato.

Buffett, who for much of his career avoided tech stocks, has capitalized on that rally by doubling — or, if you will, sextupling — down on Apple stock: He owns six times as much of it now as he did at this time last year, making him one of the iPhone maker's largest shareholders.

In October of 2013, for example, Kohlberg Management VI, LLC, the largest shareholder in Performance Sports Group Ltd. (PSG: TSX), sold 3.2 million common shares of the company at $ 12.15 a share to a syndicate of underwriters co-led by RBC Capital Markets and Paradigm Capital Inc..

When asked about how she'd grade her time at Xerox, she begins by talking about disruption in technology and the quest to «add value» to the world, to employees, to shareholders.

Since he announced his plan to retire in February, US shareholders such as Fidelity and Lazard have reduced their stakes by at least 1 per cent, according to public filings.

«By moving ahead with the tax - free spin - off of the midstream business and merging EQM and RMP — following the previously announced addition of two new directors with midstream experience — we believe the Company has put itself on the best path forward for itself and all shareholders,» Quentin Koffey, portfolio manager at D. E. Shaw, said in a statement.

SEOUL, March 30 - Shares of Hyundai Mobis dropped almost 7 percent on Friday, hurt by worries that a proposed restructuring plan would benefit the parent group's controlling family at the cost of the company's shareholders.

Last month, Dimon prevailed at the bank's annual meeting when only 32 percent of shareholders voted in favor of a proposal — backed by activist groups after the «London Whale» trading losses — to strip him of the chairmanship.

By the end of the day, Perrigo had basically reached the same conclusion: Just after U.S. markets closed at 4 p.m. on Tuesday, Perrigo announced that its board of directors unanimously rejected Mylan's bid, saying it «substantially undervalues» the company and is not in its shareholders» best interests.

Institutional Shareholder Services Inc. says in a report that investors should vote for Dallas Howe and Herbert Pinder, nominated by Cation Capital Inc., instead of Crescent Point nominees Rene Amirault and Mike Jackson at the company's annual meeting May 4.

At today's prices, industry forecasts of three million barrels per day by 2020 are likely to underestimate production by a bit, but the real kicker will be on the value of that production to all concerned — governments, via taxes and royalties, and shareholders will all suffer much lower returns from this development than they would have expected less than a year ago if prices stay where they are today.

Each spring they sit side by side onstage at the Berkshire annual meeting, dispensing snippets about investing, business, and life to some 30,000 shareholders and worshipers.

At the conclusion of his four - month trial in 2007, prosecutors sought to convict on two alternative theories: one, that defendants actually stolen money from the company or; two, that by failing to disclose these payments, they'd deprived shareholders of their intangible right to honest services.

See this Globe & Mail story, «Shareholder calls for splitting CEO, chair roles at RIM,» by Janet McFarland:

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.

Shareholders took the leap by electing all seven of Pershing's nominees to CP's board at the annual meeting on May 17.

FORTUNE — We've seen companies like News Corp (NWS), Blackstone (BX), and LinkedIn (lnkd) chip away at shareholder rights by limiting the voting rights of shareholders.

Sky shares were up 3.8 percent at 13.57 pounds by 1434 GMT - well above the offer price, implying that some shareholders anticipated a bidding war.

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.

Its board of directors is supporting the Loblaw takeover bid but the deal requires approval from at least two - thirds of the votes cast by QHR shareholders at a special meeting to be held in October.

Elliott wants to keep Genish, appointed by Vivendi, but he told Britain's Sunday Telegraph that his position would be untenable if Elliott and its allies secured a majority of board seats at a shareholder vote on Friday.

But following Elliott's move, eight board members nominated by Vivendi resigned, triggering a vote on a full board renewal at a separate shareholder meeting called for May 4.

It can be done at a shareholder meeting, by unanimous consent of shareholders, or even by majority shareholder consent «without a meeting, without prior notice and without a vote,» Bouchard wrote.

FORTUNE — At HP, shareholders need to hold onto their wallet and take a look — not at the distraction of Meg Whitman becoming CEO, but at what Ray Lane's continuing work at the helm will bring as he expands his span of control by moving from the position of independent to executive chaiAt HP, shareholders need to hold onto their wallet and take a look — not at the distraction of Meg Whitman becoming CEO, but at what Ray Lane's continuing work at the helm will bring as he expands his span of control by moving from the position of independent to executive chaiat the distraction of Meg Whitman becoming CEO, but at what Ray Lane's continuing work at the helm will bring as he expands his span of control by moving from the position of independent to executive chaiat what Ray Lane's continuing work at the helm will bring as he expands his span of control by moving from the position of independent to executive chaiat the helm will bring as he expands his span of control by moving from the position of independent to executive chair.

MILAN, April 23 (Reuters)- A judge ruled in favor of an appeal by Telecom Italia (TIM) and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.

In a discussion paper published today, the Shareholder Association for Research & Education looked at the question of political spending by Canadian corporations, from an investor perspective.

Following Elliott's move last month, eight board members nominated by Vivendi resigned, triggering a full board renewal at a separate shareholder meeting called for May 4.

However, by postponing the vote to May, Vivendi is assured at least five seats on the new board because shareholders will vote on its candidates as well and not just replacements proposed by Elliott.

«We're at a very important point with the company and its perception,» said one shareholder into the microphone, noting the disappointment felt by investors after the excitement of the BlackBerry 10 launch quickly dissipated when financial results were posted.

At one point during the meeting, Schultz was confronted by shareholder Tom Strober, founder of the anti — gay - marriage, anti-abortion Corporate Morality Action Centre.

TORONTO — BlackBerry Ltd. (TSX: BB) has signed a deal to be bought by a consortium led by its largest shareholder in a deal valued at U$ 4.7 billion, the companies announced Monday.

Last year at Chipotle (cmg), shareholders were most upset about the more than $ 50 million in pay received by the two co-CEOs, Monty Moran and founder Steve Ells.

And that means that Snap's future shareholders won't be taking quite as much risk by buying into the maker of the disappearing message app, which lost $ 515 million at its bottom line last year.