Sentences with phrase «exercising shareholder rights»

Jia said he had asked his wife, Gan Wei, and brother to represent him at Leshi Internet Information & Technology Corp in exercising shareholder rights and handling the sale of assets.

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 no case, except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders, will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award, or (4) take any other action that is treated as a repricing under U.S. generally accepted accounting principles.

First, because shareholders who appear in person at an annual stockholders» meeting would have the power to nominate a director, the rule simply ensures that shareholders can exercise that right via the proxy system.

Rule 14a - 11 is not limited to facilitating the ability of shareholders to exercise their state law rights, but instead confers upon shareholders a new substantive federal right that in many respects runs counter to what state corporate law otherwise provides.»

In no case (except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders) will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, or (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award.

In its paper, the BPP Group raises a number of concerns regarding the hard regulatory approach suggested by the Directive proposals and calls upon the European Commission, Parliament and national governments to support the proportionate, principles - based approach to service supplier oversight overwhelmingly supported by shareholders that is embodied in the Best Practice Principles for Shareholder Voting Research & Analysis, stating that «unwarranted or disproportionate legislation may inhibit the provision of independent information and services that assist investors in the exercise of the very rights and responsibilities that the Directive aims to foster and support.»

Upon exercise of a vested Option into Shares, Participant will obtain full voting and other rights as a shareholder of the Company with respect to such Shares.

Says SEC spokesman John Nester, «We are committed to considering new rules that would remove barriers so that shareholders are able to exercise their right to nominate directors.»

Or, if he exercised at least one option to become a bona - fide shareholder, I believe he'd have rights to request the financial statements — but company bylaws vary, and different jurisdictions say different things about what can be restricted.

He hasn't exercised any options before, so you are right, he is not yet an actual shareholder.

Shareholders who wish to exercise the redemption right must provide notice by no later than 5 p.m. (EST) on April 15, 2016.

My take on the share ownership pre and post rights exercise (assuming P. Kellogg exercises his rights and there is the maximum rights exercise among other shareholders) is laid out below:

Management may have also used the rights offering announcement as a kind of warning; the rights exercise is limited to those holding under 20 % of outstanding shares, which means potential dilution for a large shareholder seeking to get greater control.

The ownership interest of current KHD shareholders who can not exercise their rights will be diluted by up to 1/3 under this rights plan (if all rights are exercised there will be 3 KHD shares outstanding for every 2 KHD shares outstanding before the rights exercise), but the company will (theoretically) get a facilitated entry into the vast infrastructure building market in China.

Presumably those shareholders who did not participate in the last 3 shareholder votes will not exercise their rights, allowing those who participate to oversubscribe, become larger owners of GYRO and, if all goes well, provide the necessary 2/3 favorable shareholder vote to remerge the entities and thus provide a path to liquidation within the stipulated timeframe.

Voting, then, is simply a shareholder exercising one of their property rights.

Hopefully, a great story represents an above average long - term growth opportunity (or a catalyst, and / or a lower risk / uncorrelated investment), a great stock ensures you invest in a company & management team which can actually leverage, exploit & deliver genuine long - term shareholder value from this opportunity, while a great price requires you exercise the patience to buy (& sell) at the right time.

Each sub-adviser to whom proxy voting responsibility has been delegated will be required to review all proxy solicitation material and to exercise the voting rights associated with the securities it has been allocated in the best interest of each investment company and its shareholders, or other client.

In Pulse Data the ASC declined to exercise its public interest jurisdiction to cease trade a shareholder rights plan, primarily because a large majority of the shareholders of the issuer had voted to adopt the plan at a time where the take - over bid was pending with full disclosure of the implications of the shareholder rights plan.

And shareholders do not vote in any event — very few exercise the right.

He has developed a particular interest in shareholder rights and their exercise.

• While the company's information circular about the arrangement was clear that only registered shareholders could dissent, it said «nothing meaningful» about how beneficial shareholders could become registered and so exercise their dissent rights.

They should consider including in information circulars for transactions giving rise to dissent rights, if not information about how beneficial shareholders can become registered to exercise those rights, at least information about who they should contact to obtain that information.

The tax consequences of the shareholders exercising their dissent rights were irrelevant to that determination.

Electronic proxy voting is the principal means by which most shareholders exercise their voting rights.

(2) A corporation whose articles or unanimous shareholder agreement restrict the right to transfer its securities shall, and any other corporation may, treat a person referred to in clause (a), (b) or (c) as a registered security holder entitled to exercise all the rights of the security holder that the person represents, if that person furnishes evidence as described in section 87 of the Securities Transfer Act, 2006 to the corporation that the person is,

Will the heirs of the deceased partner (s) / shareholder (s) exercise their right to vote, elect directors and demand financial information?

SF & Global About Blog Follow the blog to know more about shareholder activism where shareholders can influence a corporation's behaviour by exercising their rights as owners to bring about a social change.

Respect the rights of shareholders: Respect the rights of shareholders and facilitate the effective exercise of those rights.

Understandably unhappy with the changes, Alharayeri exercised his rights as a minority shareholder and launched a court claim for an oppression remedy.

At the time, the four MLSs that are shareholders of ARMLS had the unilateral right to veto any changes, and one of them exercised this right.