Sentences with phrase «company sales proceeds»

Not exact matches

Nakanishi, an engineer who joined Hitachi in 1970 and worked his way up the ladder, proceeded to sell the company's hard disk drive business and consumer - related operations, opting to concentrate on sales of big - ticket power plants, rail lines and water treatment facilities.
Bilinkis is a man who takes his responsibility to society seriously, but he admitted to me that when he sold the company, the thought of hiding the proceeds from the sale in a foreign bank account flitted through his mind.
Arnaud Lagardere, who has a stake of some 7 percent in Lagardere's share capital, also told the company's annual shareholding meeting on Thursday that Lagardere would re-invest proceeds from recent asset sales back into its core business.
Musk's sale generated nearly $ 600 million in proceeds for the Tesla CEO, which, according to the company, he used for tax purposes.
An ESOP allows owners of closely held companies to sell to an ESOP and reinvest the proceeds from the sale on a tax - deferred basis, provided that the ESOP owns at least 30 % of the company and certain other rules are met.
Dalian Wanda chairman Wang Jianlin told business magazine Caixin that the proceeds from the sale will be used to reduce Wanda's debt pile and help the company move toward «asset light» operations.
The company can use proceeds from the stock sale to its own benefit - say, by acquiring a company.
And since his company was a C corporation, he could defer capital gains taxes by using proceeds from the sale to buy securities of U.S. companies, a permissible practice when a business sells at least 30 percent of its stock to its employees.
Proceeds from the sale — a bought - deal financing at a price of $ 22.25 per share — will partially be used to fund the company's $ 1.8 - billion to $ 2 - billion capital expenditure program for 2015.
This feature in a note says that if I gave you $ 25,000 and you sold the company without raising more money or before maturity (i.e. my note didn't convert) then I get $ 50,000 out of the proceeds of the sale.
If the company decided to sell off some investments from an investment portfolio, the proceeds from the sales would show up as a cash inflow from investing activities because it provided cash.
EqualLogic is the largest all cash acquisition for a venture backed company, according to VentureSource, and the sale resulted in proceeds of $ 195 million to TD Capital Ventures for a 22x gross investment multiple on the fund's $ 8.9 million investment.
Upon a «liquidity event» (a liquidation, return of capital, refinancing, sale or listing), the articles of the company provide for the exit proceeds to be distributed amongst the shareholders as follows:
Several hours later, the Anglo - Dutch company said in another statement that «following strong demand from institutional investors,» SEHAL upsized its sale to 111.8 million shares worth a total of $ 2.7 billion before tax proceeds.
Can you realistically afford to live on the proceeds from your company sale and your other investments?
Dispositions As part of its strategy to dispose of excess land and inventory, the company completed the sale of a parcel of undeveloped land on Singer Island, Florida in May 2014, resulting in $ 11 million of gross cash proceeds and an estimated gain of less than $ 1 million.
The company completed the sale of partially developed land, an operating golf course and related assets in Kauai, Hawaii and the sale of partially developed land, an operating golf course, spa and clubhouse and related facilities, in Abaco, Bahamas for aggregate gross cash proceeds of $ 50 million.
Proceeds from any asset sales will be plowed into new projects or returned to shareholders, according to a company statement.
The directors said they expected that after that sale, and the proceeds of the 2012 vintage wines, the debt would still be between $ 13 million and $ 15 million and the company has held preliminary discussion with the bank about a potential commutation of the shortfall.
SDF said that its Top Cheese Switzerland unit and its stakes in other dairy companies were not affected by the decision, and that the sale of these cheese operations would proceed as planned.
The repayment will be made with the proceeds from the sale of the Company's Americas business to Transcontinental Inc. («TC Transcontinental»), which was announced yesterday.
SCOTTSDALE, Arizona, February 10, 2017 / PRNewswire / — Company to use proceeds to repay $ 4.2 million in current debt and for strategic initiatives to realign its operations, significantly reduce operating costs, and drive sustainable sales growth
In preliminary financial results released Tuesday, Stanley Furniture Company said it expects to report net sales of $ 11.9 million and a quarterly loss of $ 6.7 million, which includes the receipt of $ 433,000 in duty proceeds under the Continued Dumping Subsidy Offset Act.
One day after Soundview deposited the proceeds from the sale, Espada's son, Alejandro, who was heading the clinics in his father's stead, doled out more than $ 350,000 to himself, his father, his brother, Pedro G., and a janitorial company the family controlled.
They were alleged to have diverted proceeds of the sale of shares owned by Benue Government and Benue Investment and Property Company Limited.
One of the counts reads: «That you, Dr. Muazu Babangida Aliyu, being the governor (also known as chief servant) of Niger State from 2007 to 2015; Umar Mohammed Nasko, being the former Commissioner for Environment / Chief of Staff to Dr. Muazu Babangida Aliyu, sometime between April 7, 2015 and December 7, 2015 in Minna within the jurisdiction of this honourable court while being entrusted with dominion over money belonging to Niger State Government dishonestly converted to your own use the sum of N1, 090, 000,000, which formed part of the proceeds of the sale of 16 per cent shares of Niger State in the North South Power Company Limited and thereby committed an offence punishable under Section 312 of the Penal Code.»
Marc Jacobs & Other Criteria proudly donate 100 % of the proceeds from the sale of this t - shirt to Kids Company.
Proceeds from the sale of this singularly unique Ford Shelby Cobra concept will go to the Henry Ford Estate to help pay for the restoration of Fair Lane — the historical estate in Dearborn, Michigan that once belonged to company founder and automotive pioneer Henry Ford.
«The company will apply the proceeds from the sale to pay down debt.»
Hybrid publishing companies behave just like traditional publishing companies in all respects, except that they publish books using an author - subsidized business model, as opposed to financing all costs themselves, and in exchange return a higher - than - industry - standard share of sales proceeds to the author.
Grandinetti also proposed that while Amazon and Hachette were still negotiating, all proceeds the companies normally earn from e-book sales would be donated to an agreed - upon literacy charity.
Following the sale, Penguin / PRH proceeded to integrate Author Solutions with several of its divisions, including launching vanity press operations in Spain and India, as well as forging a partnership between ASI and a for - profit university owned by PRH parent company Bertelsmann.
You pay the full cost, in two installments — once with the fee you pay upfront, and a second time with every book sold, since the self - publishing company keeps the lion's share of sales proceeds, covering both overhead and manufacturing costs.
The book retailer, which founded and spun Kobo off in 2009 as an independent company, says expects to receive approximately US$ 140 million to US$ 150 million from the proceeds of the sale on a fully diluted basis.
«Hybrid publishing companies behave just like traditional publishing companies in all respects, except that they publish books using an author - subsidized business model, as opposed to financing all costs themselves, and in exchange return a higher - than - industry - standard share of sales proceeds to the author.
With low, low interest rates, companies can use bond - sale proceeds to reward shareholders, says the Wall Street Journal.
After the title company pays your loan off, it forwards the remaining sale proceeds to you.
Indeed, because the sale proceeds of stocks are paid out to shareholders (the issuing company has no right on these proceeds), capital appreciation remains its most attractive feature.
This would mean all net proceeds from sale drop the EV without reducing EBITDA (arguably this parcel costs the company something).
The reason is that when a company issues and sells more shares, the proceeds from the sale of those shares goes back into the company.
Ultimately, if the company closes down, I am entitled to a share of the net proceeds of the final sale (after the debts are paid).
The majority of the company's garnet is supplied pursuant to a distribution agreement with an Indian supplier that was formerly owned by WGI (WGI sold this company in 2008 and distributed the proceeds of the sale, together with a portion of its cash on hand, to shareholders).
In the previous article I explained how my family and I started our debt snowball by quickly eliminating over $ 18,000 of debt (completely paying off three accounts) with proceeds from the sale of common stock I had acquired through my company's employee stock purchase program.
If the sales proceeds are insufficient to pay the amount owed, HUD will pay the company the amount of the shortfall.
Going forward, the investor will need to contact the remaining mutual fund companies at the beginning of each year to determine what amount they can sell from the funds without incurring any deferred sales charges, and make the necessary trades (the proceeds can then be used to purchase the iShares DEX Universe Bond Index Fund (XBB) as originally planned).
Come 2017, as promised in the latest federal budget, capital gains tax will be eliminated from the sale of real estate and private company shares if the proceeds are donated to a registered charity within 30 days.
An orderly liquidation over time is virtually certain to realize greater proceeds than a «fire sale,» but time is not always available to a company in liquidation.
The company plans to use the proceeds from the thermal coal sale for a $ 2.5 billion debt reduction program.
Generally, a shareholder that participates in a buy - in will, subject to certain conditions, be treated for tax purposes as selling the shares back to the company and the shareholder will be taxed on any gain (proceeds minus cost basis) recognized from such sale.
Additionally, the company plans to distribute substantially all of the net, after - tax proceeds from the completion of the Venoco sale to its stockholders, an amount that the company estimates will be from $ 5M to $ 5.5 M, which equates to between $ 0.69 and $ 0.76 per share.
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