Sentences with phrase «distribution on its common stock»

If we pay distributions on our common stock, those distributions generally will constitute dividends for U.S. federal income tax purposes to the extent paid from our current or accumulated earnings and profits, as determined under U.S. federal income tax principles.

«In light of the company's various short - term obligations, our board of directors felt it prudent todiscontinue distributions on our common stock in order to preserve cash resources and enhance the company's fiscal integrity and financial flexibility,» says Abraham Rosenthal, CEO of Prime Retail.

Not exact matches

A participating preferred stock enables an investor to first get a return of its dollar - for - dollar investment as a preference payment, before anyone else gets a single dollar, and then to continue to participate in the distribution of the remaining proceeds as a common stockholder based on its ownership percentage.

NHF shareholders should consult their tax advisors with respect to U.S. federal, state, local and foreign tax consequences of the distribution, including, without limitation, the potential imposition of withholding taxes on the distribution of NXRT common stock.

NHF completed the spin - off through a pro-rata taxable distribution of NXRT common stock to NHF shareholders of record as of the close of business on March 23, 2015 (the «Record Date»).

After payment of the full liquidation preference of the Series A, Series A-1, Series B, and Series C, the entire remaining amounts legally available for distribution will be distributed to the holders of our common stock pro rata based on the number of shares held by each holder.

On [●], 2015, the distribution date, each HP Co. stockholder will receive [●] share [s] of Hewlett Packard Enterprise common stock for each HP Co. common share held at the close of business on the record date for the distribution, as described beloOn [●], 2015, the distribution date, each HP Co. stockholder will receive [●] share [s] of Hewlett Packard Enterprise common stock for each HP Co. common share held at the close of business on the record date for the distribution, as described beloon the record date for the distribution, as described below.

If you own HP Co. common shares as of the close of business on the record date for the distribution, Hewlett Packard Enterprise common stock that you are entitled to receive in the distribution will be issued electronically, as of the distribution date, to you in direct registration form or to your bank or brokerage firm on your behalf.

However, if we do make distributions on our Class A common stock, those payments will constitute dividends for U.S. tax purposes to the extent paid from our current or accumulated earnings and profits, as determined under U.S. federal income tax principles.

We do not plan to make any distributions on our Class A common stock.

We expect «regular - way» trading of Hewlett Packard Enterprise common stock to begin on the first trading day following the distribution.

Subject to the provisions of the plan, distributions to participants with respect to their stock units may be paid in shares of FedEx common stock on a one - for - one basis.

There is currently no trading market for Hewlett Packard Enterprise common stock, although we expect that a limited market, commonly known as a «when - issued» trading market, will develop on or shortly before the record date for the distribution.

The spin - off will be completed through a pro rata dividend of Marriott Vacations Worldwide common stock on Monday, November 21, 2011 (the «distribution date») to Marriott International shareholders of record as of the close of business of the New York Stock Exchange on Thursday, November 10, 2011 (the «record date&raqstock on Monday, November 21, 2011 (the «distribution date») to Marriott International shareholders of record as of the close of business of the New York Stock Exchange on Thursday, November 10, 2011 (the «record date&raqStock Exchange on Thursday, November 10, 2011 (the «record date»).

Investors are encouraged to consult with their financial advisers regarding the specific implications of buying or selling Marriott International common stock on or before the distribution date.

On the distribution date each Marriott International shareholder will receive one share of Marriott Vacations Worldwide common stock for every ten shares of Marriott International Class A common stock held by such shareholder on the record datOn the distribution date each Marriott International shareholder will receive one share of Marriott Vacations Worldwide common stock for every ten shares of Marriott International Class A common stock held by such shareholder on the record daton the record date.

It is anticipated that Marriott International shares will also trade ex-distribution (that is, without the right to receive shares of Marriott Vacations Worldwide common stock) on or about Tuesday, November 8, 2011, and continue through the distribution date, under the symbol «MAR WI».

Marriott International also anticipates that «regular way» trading of Marriott Vacations Worldwide common stock under the symbol «VAC» will begin on Tuesday, November 22, 2011, the first trading day following the distribution date.

A «when - issued» public trading market for Marriott Vacations Worldwide common stock is expected to begin on or about November 8, 2011 on the NYSE under the symbol «VAC WI» and will continue through the distribution date.

The distribution of Marriott Vacations Worldwide common stock is subject to the satisfaction or waiver of certain conditions including but not limited to the Registration Statement on Form 10 for Marriott Vacations Worldwide common stock being declared effective by the U.S. Securities and Exchange Commission, Marriott Vacations Worldwide common stock being accepted for listing on the NYSE and the other conditions described in the Information Statement included in the Form 10.

Investors are encouraged to consult with their financial advisors regarding the specific implications of buying or selling Barnes & Noble common stock on or before the distribution date.

The Company expects to begin making this distribution on May 20, 2010 to all stockholders of record as of the close of business on May 3, 2010, including the Depository Trust Company, which is the entity that holds the Company's common stock for stockholders who own shares through a broker.

The warrants feature full anti-dilution protection, including preservation of the right to convert into the same percentage of the fully - diluted shares of the Company's common stock that would be outstanding on a pro forma basis giving effect to the issuance of the shares underlying the warrants at all times, and «full - ratchet» adjustment to the exercise price for future issuances (in each case, subject to certain exceptions), and adjustments to compensate for all dividends and distributions.»

HOLLISTON, Mass., May 13 / PRNewswire / — Nyer Medical Group, Inc., («Nyer») announced that on May 12, 2010, pursuant to its previously announced, shareholder - approved Plan of Dissolution, the Board of Directors of the Company approved a sole and final liquidating distribution of $ 2.08 per common share to holders of the Company's common stock as of record date.

A: Although we are not able to predict with certainty the precise nature, amount or timing of any distributions, we presently expect to make an initial distribution, within approximately 45 days after the Effective Date, to holders of record of our common stock as of the close of business on the Effective Date of approximately $ 1.80 per share.

On July 13, 2009, pursuant to the Plan of Dissolution, the board of directors of the Company approved an initial liquidating distribution of $ 2.06 per share to the shareholders of record of the Common Stock as of the Effective Date.

Mutual funds may receive income on common and preferred stock as well as income from income distributions, which may be taxable or tax - exempt, depending on the nature of the fund and its investments.

Any distribution not constituting a dividend (because such distribution exceeds our current and accumulated earnings and profits) will be treated first as reducing the Non-U.S. Holder's basis in its shares of common stock, but not below zero, and to the extent it exceeds the Non-U.S. Holder's basis, as capital gain from the sale or exchange of such stock (see «Gain on Sale, Exchange or Other Taxable Disposition of Common Stock» bcommon stock, but not below zero, and to the extent it exceeds the Non-U.S. Holder's basis, as capital gain from the sale or exchange of such stock (see «Gain on Sale, Exchange or Other Taxable Disposition of Common Stock» bestock, but not below zero, and to the extent it exceeds the Non-U.S. Holder's basis, as capital gain from the sale or exchange of such stock (see «Gain on Sale, Exchange or Other Taxable Disposition of Common Stock» bestock (see «Gain on Sale, Exchange or Other Taxable Disposition of Common Stock» bCommon Stock» beStock» below).

In general, subject to the discussion below under the headings «Information Reporting and Backup Withholding» and «Foreign Accounts,» distributions, if any, paid on our common stock to a Non-U.S. Holder (to the extent paid out of our current or accumulated earnings and profits, as determined under U.S. federal income tax principles) will constitute dividends and be subject to U.S. withholding tax at a rate equal to 30 % of the gross amount of the dividend, or a lower rate prescribed by an applicable income tax treaty, unless the dividends are effectively connected with a trade or business carried on by the Non-U.S. Holder within the United States.

We expect to re-evaluate the payment of a quarterly dividend on our common stock and common units in the year 2001 based on the company's forecasted cash available for distribution at that time.»

• our cumulative CAD in excess of cumulative distributions paid on our common stock, LTIP units or other equity awards beginning the first full calendar quarter after the spin - off.