Sentences with phrase «by shareholders in»

The liability protection they're talking about is the limited liability enjoyed by shareholders in a corporation, who put nothing more at risk than the money they invest — whereas sole proprietors and partners can be pursued by creditors for everything they're worth.
The world's largest social media network was sued in San Francisco federal court Tuesday by shareholders in a class action who said they suffered losses after the disclosure that Cambridge Analytica improperly obtained profile information on 50 million users.
Most recently, Galego impressed by overseeing the legal aspects of the potential sale of Pacific to a large Mexican company in a transaction that would have amounted to $ 7bn, with the transaction ultimately being rejected by shareholders in July 2015.
Most recently, Volk oversaw the legal elements of the potential sale of Pacific to a large Mexican company in a transaction that would have amounted to $ 7bn, with the transaction ultimately being rejected by shareholders in July 2015.
Equities: Ownership interest processed by shareholders in a corporation - stock as opposed to bonds.
We need to raise fees a lot in the short term to be sure we can do right by our shareholders in the long term
Vanguard, on the other hand, is owned by the shareholders in its funds.
The range of activities being quarantined under a 48 per cent buyout of the Maggie Beer Products premium food business by ASX - listed Primary Opinions has been clearly outlined in a prospectus ahead of a vote on June 24 by shareholders in the Victorian acquirer, which is switching to food manufacturing and away from operating a legal services networking hub.
Analysts, however, said the nominations to the board — to be cut to 12 directors from a previous 18 and voted on by shareholders in April — would do little to distract from the problems accumulating for GE.
As to the former, the proxy system as a whole was already more restrictive than what may be done by a shareholder in person.
Because the SEC's rules for resubmission of a failed proposal by a shareholder in the next year's proxy statement require that the proposal have received up to 10 % of the vote (depending on how many years it has been submitted), the significant voting impact of an ISS recommendation can empower a proponent to resubmit a proposal year after year, imposing costs on the company and creating waste and negative publicity to the detriment of the company and its shareholders.
All costs and expenses paid, incurred and anticipated by the shareholder in connection with these plans, intentions and objectives.
Similarly, any brokerage fee incurred by a Shareholder in selling Shares will reduce the amount realized by the Shareholder with respect to the sale.
He observed that the premise underlying Lord Millett's speech was that the company has and can pursue its own cause of action (at [74] and [77]-RRB- and went on to hold -LRB-[at [79]-RRB- that the policy consideration to which Lord Millett had referred as underlying the no reflective loss principle was the need to avoid a situation in which the wrongdoer can not safely compromise the company's claim without fear that he may be met with a further claim by the shareholder in respect of the company's loss.
Cinquini v. Gallone, Chancery Division [2006]--(claim by shareholder in family firm seeking to challenge the appointment of a new director on the grounds of procedural irregularities)

Not exact matches

In addition to Jacobson, six others of the 10 - member board will be replaced by members backed by Icahn and Deason, while the two shareholders will withdraw their proxy fight as part of the settlement.
Shareholders led by the Arkansas Teacher Retirement System and Fresno County Employees» Retirement Association in...
For the second year in a row, total shareholder equity shrank for the Global 500, by 2.6 % to $ 14.7 billion.
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.&raquIn 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.&raquin 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.
They allowed doctors with corporations to split income by being named shareholders in the corporation.
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.
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.
Shareholders led by the Arkansas Teacher Retirement System and Fresno County Employees» Retirement Association in California accused Facebook of concealing internal concerns about how growth in mobile devices might reduce revenue, even as it quietly warned its banks to cut their forecasts.
In addition to the battle for control, which has pitted Dauman against 93 - year - old controlling shareholder Sumner Redstone and his daughter Shari, the company said that advertising sales have been weak, and they are expected to be down by 4 % for the quarter.
Berkshire Hathaway has always been the quintessential buy - and - hold company — and helps ensure that its Class A shareholders are focused on the same long - term goals by refusing, for example, to indulge in gimmicks like stock splits.
By one measure, for every dollar in profits, 80 cents went to shareholders through dividends and what are called share buybacks.
What probably will make a difference is whether the board — which last fall paid out a $ 300 million special dividend to shareholders — accepts the offer by Arthur T. Demoulas to acquire the 50.5 percent stake in the $ 4.6 billion company now controlled by his cousin Arthur S. Demoulas and other family members.
Adjusted book value per share is total common shareholders» equity excluding net unrealized investment gains and losses, net of tax, included in shareholders» equity, divided by the number of common shares outstanding.
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.
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.
Average annual core return on equity over a period is the ratio of: a) the sum of core income less preferred dividends for the periods presented to b) the sum of: 1) the sum of the adjusted average shareholders» equity for all full years in the period presented, and 2) for partial years in the period presented, the number of quarters in that partial year divided by four, multiplied by the adjusted average shareholders» equity of the partial year.
Some of these measures exclude net realized investment gains (losses), net of tax, and / or net unrealized investment gains (losses), net of tax, included in shareholders» equity, which can be significantly impacted by both discretionary and other economic factors and are not necessarily indicative of operating trends.
United has tried to placate shareholders, recently doubling its forecast for stock buybacks in the first quarter to $ 1.5 billion, and expanding its board by three new directors last Monday.
Similarly, Avigilon founder Fernandes's previous startup, QImaging, was snapped up by a large New York Stock Exchange??? listed conglomerate for $ 20 million in 2002, enabling him to become «the biggest and major shareholder of the company» this time around.
It suggests that the pattern in Canada is that a slight upward trend in CEO pay is accompanied by a bigger upward trend in shareholder value.
More recently, in late January of this year, Magnetar received another settlement of about $ 11 million, according to regulatory filings, from CEC Entertainment — the operator of Chuck E. Cheese kid - friendly restaurants — which it had sued seeking additional shareholder compensation in CEC's 2014 buyout by private equity firm Apollo Global Management (apo).
The Chairman of the Board John Thompson defended the package, saying that the stock payment «motivates our CEO to create sustainable long term shareholder value by providing him with the opportunity to share in those gains.»
Nadella's pay package, which will be up for approval by shareholders, includes about $ 65 million in restricted stock on top of his annual salary.
Since being bought by the McCain family in 1995, Maple Leaf has lived through a tainted - meat tragedy that killed 21 people, a messy divorce with longtime shareholders and, recently, a near proxy battle and board shakeup.
Apple said it will increase the program by returning $ 200 billion in cash to its shareholder by the end of March 2017.
After witnessing a 95 % decline in the pharmaceutical company's share price amid a series of scandals, Valeant's board, led by former shareholder and hedge fund manager Bill Ackman, smartly tied Papa's compensation to a recovery in the stock price.
The use of dubious billion - dollar lawsuits to apply pressure on Alfa's partners — filed in remote regions of Russia by obscure private shareholders whose interests somehow overlapped perfectly with Alfa's — became a favorite calling card.
As mentioned above, financial statements are produced by companies for the benefit of shareholders, and are prepared in accordance to sets of accounting rules (i.e. International Financial Reporting Standards, or IFRS, in Canada, and Generally Accepted Accounting Principles, or GAAP, in the U.S.) These rules differ greatly from those used to calculate corporate income taxes owing.
«If Apple thinks the lawsuit is a waste of resources it could simply end the matter by complying with existing law and filing a new proxy that unbundles the proposed changes to the charter so that shareholders can express their views on each matter separately,» a Greenlight spokesperson said in a statement Tuesday.
Shareholders will vote on a rights plan devised by management to thwart Icahn's takeover bid in Toronto on May 4.
He was repeatedly grilled by a shareholder about what he saw is a misalignment of interests with the board and management who owned few shares in the company.
In her memory, we devote our actions to a just cause; to defend what is right and to protect the interest of not only shareholders but most importantly the far more important stakeholders of employees, drivers and customers whose lives have been forever altered by the abiding faith and fervent hard work of Travis Kalanick and the Uber team.
In response to a shareholder question about what could be done to speed up the glacial pace of adoption of electric car production by other car companies, Musk said he was «playing with doing something fairly significant on this front which would be kind of controversial with respect to Tesla's patents.»
Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $ 8.7 billion, in the largest leveraged buyout of the year.
a b c d e f g h i j k l m n o p q r s t u v w x y z