Sentences with phrase «current shareholder proposal»

A proposal that was substantially identical to the current shareholder proposal was put forth by two other shareholders in two of the last three years.

Not exact matches

Baosteel and Aurizon look set to gain control of Aquila Resources after the iron ore hopeful rejected a takeover proposal from Mineral Resources, and instead recommended its shareholders accept the current $ 3.40 per share offer.

Too often (95 % of the time) fund managers endorse the current board, they vote against other shareholders» proposals and they fail to introduce proposals of their own, Bogle says.

A more conservative estimate might use data about shareholder proposals under current SEC regulations.

Despite the fact that the majority of shareholders oppose the activist shareholder proposals, because of the current regulatory regime, public companies must dedicate time, and money to defend against them.

Shareholder proposals under the current SEC rules are not burdensome, and in the vast majority of cases, are not even binding.

Current regulations allow a company to exclude a resubmitted proposal from its proxy only if it failed to receive the support of 3 % of shareholders the last time it was voted on; 6 % if it has been voted on twice in the last five years; and 10 % if it was voted on three or more times in the last five years.

Regarding the Stockholder Proposal, Marathon Partners argued in its supporting statement that the Rights Agreement served no other purpose than to arbitrarily limit the number of shares a current or prospective shareholder could own at 10 % of the combined classes of stock.

But I expect most will take another look at the current value gap, re-examine their own operating target & scenario analyses, and a majority of shareholders will quickly recognize our proposals present a more certain & immediate road - map to realizing EIIB's quite obvious intrinsic value.

Many startups are looking for $ 1 million, which under the current proposals would require 400 shareholders.