Sentences with phrase «for shareholder classes»

Not exact matches

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.
If you are a shareholder who purchased Akorn securities between March 1, 2017, and February 26, 2018, both dates inclusive, you have until May 7, 2018, to ask the Court to appoint you as Lead Plaintiff for the class.
(Earlier Chainsaw rid himself of a class - action shareholder suit for $ 15 million, without admitting culpability.)
Netflix's board is divided into three separate classes, so shareholders don't even get to vote for or against all the directors every year, just a selection of them.
If you are a shareholder who purchased Henry Schein securities between March 7, 2013, and February 12, 2018, both dates inclusive, you have until May 7, 2018, to ask the Court to appoint you as Lead Plaintiff for the class.
Starwood shareholders will receive 0.92 Marriott Class A shares and $ 2 in cash for each Starwood share, the companies said on Monday.
For example, despite the fact that more than 85 % of outsiders (average shareholders) voted AGAINST the creation of a third class of stock (class C) in 2012, the weight of the insiders» 10 votes per share allowed the passage of this proposal.
This would include efforts at the earliest practicable time toward encouragement and negotiation with Class B shareholders to request that they relinquish, for the common good of all shareholders, any preexisting rights.
She has prosecuted a wide range of class action matters for over a decade, helping to recover millions in settlements on behalf of shareholders.
For example, despite the fact that more than 85 % of outsiders (average shareholders) voted AGAINST the creation of a third class of stock (class C), the weight of the insiders» 10 votes per share allowed the passage of this proposal.
Lerman is also a shareholder in ClassPass, a New York startup that lets you take a bunch of fitness classes for a low monthly price, which was most recently valued at $ 400 million.
If, for example, our existing shareholders retain a significant portion of their holdings of Class B common stock for an extended period of time, they could, in the future, continue to control a majority of the combined voting power of our outstanding capital stock.
Dual - class structures are designed to make it difficult or impossible for non-founder shareholders to generate a majority vote, which is needed to make certain changes at the company, such as replacing the CEO.
Under the terms of the exchange offer, Intimate Brands shareholders are entitled to receive 1.10 shares of L Brands common stock in a tax - free exchange for each outstanding share of Intimate Brands Class A common stock tendered.
This is for mutual funds with share classes decided when shareholders pay the fund's load or sales charge, Class - B shares carry a deferred sales charge during a five - to 10 - year holding period intended from the time of the initial investment.
1The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until May 1, 2019 to waive its management fee and / or to reimburse the Fund for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees and any class specific expenses such as Distribution, Shareholder Servicing, Administration, and Sub-Transfer Agency Fees, as measured on an annualized basis) exceed 0.07 % of average daily net assets on an annual basis.
Greenlight's David Einhorn has been lobbying Apple for the last year to issue a special class of stock to reward shareholders and as a way to distribute the enormous pile of cash Apple has on its balance sheet.
^ The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until April 30, 2019 (i) to waive up to the full amount of the advisory fee payable by the Fund, and / or (ii) to reimburse the Fund for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees, and any class - specific expenses, such as distribution, shareholder servicing, sub-transfer agency and administration fees) exceed 0.01 % of average daily net assets on an annual basis.
These costs include bankers» and lawyers» fees, the risk of class - action litigation, the need to reveal commercially sensitive information that could benefit rivals, and the prospect of fights with corporate raiders who want juicier returns for shareholders and social activists who want executives to pay heed to their values.
[W] hile there is considerable evidence for the proposition that activist shareholders can profit through private rent seeking, there is little evidence that activism has benefits for investors as a class.
But it also creates a dual class share structure, which has given rise to a broader debate about legal protections for outside shareholders and the role that securities regulators should play in Canadian capital markets.
If you are a shareholder who purchased Crypto securities between August 21, 2017, and December 18, 2017, both dates inclusive, you have until February 20, 2018, to ask the Court to appoint you as Lead Plaintiff for the class.
If you are a shareholder who purchased Qudian securities on or after October 18, 2017, you have until February 12, 2018, to ask the Court to appoint you as Lead Plaintiff for the class.
If you are a shareholder who purchased Omega securities between February 8, 2017, and October 31, 2017, both dates inclusive, you have until January 16, 2018, to ask the Court to appoint you as Lead Plaintiff for the class.
In January 2017, the Group received approval of the Delaware Chancery Court for a $ 5.6 million settlement it achieved on behalf of a class of shareholders of Physicians Formula Holdings Inc. over an ignored merger offer in 2012.
«Major companies including Cisco Systems, Pfizer Inc. and Coca - Cola Co. say they'll turn over most gains from proposed corporate tax cuts to their shareholders, undercutting President Donald Trump's promise that his plan will create jobs and boost wages for the middle class.
It would be like a drag along covenant, but for a contrary purpose: it might slow the entire ship until one or more classes of shareholders could reach (their respective) five - year holding period (s).
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 date.
«We are focused now on supporting our team as they execute on our plan — we are going to support our outstanding journalists who create world - class content — and we are working to create superior value for our shareholders.
1) Ten years without a significant trophy yet the Manager is never questioned 2) Selling off key «World beater» Players season after season and replacing them with mediocre at best replacements 3) Keeping a 33 % shareholder who is one of the world's richest men AND a true football fan as far away from the board as possible 4) Charging possibly the highest prices in Europe but NOT reinvesting within the team in any really significant way 5) Classing 4th place in the EPL as a trophy 6) Boasting of a # 100 million war chest for transfers then quibbling over a few hundred thousand on deals.
Corporate Class Dividends paid on February 22, 2017Bridgehouse Corporate Class Inc. paid eligible dividends for the Greystone Canadian Equity Income & Growth Class and Sionna Canadian Equity Private Pool to shareholders of record at the close of business on Tuesday February 21, 2017.
This Proposal (scheduled for shareholder vote on February 22nd) would give the Company the ability to issue 12,500,000 millions shares of Class A Common Stock under their Form S - 3 covering the sale of up to $ 30,000,000 of securities.
Although this asset class comprises less than a quarter of our total portfolio, it significantly enhances total investment return for policyholders and shareholders.
It remains discouraging to see half the families still impose front load, at least for some share classes — an indefensible and ultimately shareholder unfriendly practice.
At the end of the day, share classes represent inequitable treatment of shareholders for investing in the same fund.
Sterling Capital Management LLC announced that its Capital Funds have added the R6 share class for seven of its mutual funds, which offers eligible clients a share class without shareholder servicing fees or sales charges.
Existing Class B shareholders may continue to reinvest dividends and capital gains distributions, as well as exchange their Class B shares for Class B shares of other Funds as permitted by the current exchange privileges.
Those interested in learning more about this new share class are encouraged to contact Shareholder Services at 800-432-7856 for additional information and to request a copy of the prospectus.
When Hamilton Beach (HBB) was spun out of NC on Sept 30 each NACCO shareholder, whether class A or B, received one class A share and one class B share of Hamilton Beach for each NC share owned as of the record date.
The Company shall respond to all shareholder requests for records within three business days of such request by first - class mail or other means designed to ensure prompt delivery.
For Institutional Class, Class A, Class C, and Class R6 total (net) expense represents, and for Investor Class and Trust Class shares gross expense represents, the total annual operating expenses that shareholders pay (after the effect of fee waivers and / or expense reimbursemenFor Institutional Class, Class A, Class C, and Class R6 total (net) expense represents, and for Investor Class and Trust Class shares gross expense represents, the total annual operating expenses that shareholders pay (after the effect of fee waivers and / or expense reimbursemenfor Investor Class and Trust Class shares gross expense represents, the total annual operating expenses that shareholders pay (after the effect of fee waivers and / or expense reimbursement).
Shareholders may be eligible for a reduced sales charge on their investments in class A or class M shares by combining their present purchase of shares with purchases of other Putnam mutual fund shares (except money market funds) made at the same time, including purchases made through financial advisors.
Effective April 1, 2018, class C shares will automatically convert to class A shares after ten years, provided that the fund or financial intermediary through which a shareholder purchased class C shares has records verifying that the class C shares have been held for at least ten years, and class A shares are available for purchase by residents in the shareholder's jurisdiction.
This share class is only available for shareholders who purchased prior to July 1, 2011.
Institutional Class shares pay up to 0.25 % on an annualized basis of the average daily net assets as reimbursement or compensation for service and distribution - related activities with respect to a Fund and / or shareholder services.
The Board has approved a distribution and shareholder servicing fee at the rate of up to 0.50 % for Investor Class shares and 0.25 % for Institutional Class shares of the Fund's average daily net assets attributable to the relevant cClass shares and 0.25 % for Institutional Class shares of the Fund's average daily net assets attributable to the relevant cClass shares of the Fund's average daily net assets attributable to the relevant classclass.
Distribution Fees: The Trust, with respect to each Fund, has adopted the Trust's Master Distribution and Shareholder Servicing Plan for Investor Class shares and Institutional Class shares (the «Plans»), pursuant to Rule 12b - 1 of the 1940 Act, which allows each Fund to pay the Fund's distributor an annual fee for distribution and shareholder servicing expenses of 0.50 % and 0.25 % of the Fund's average daily net assets attributable to Investor Class shares and Institutional Class shares, reShareholder Servicing Plan for Investor Class shares and Institutional Class shares (the «Plans»), pursuant to Rule 12b - 1 of the 1940 Act, which allows each Fund to pay the Fund's distributor an annual fee for distribution and shareholder servicing expenses of 0.50 % and 0.25 % of the Fund's average daily net assets attributable to Investor Class shares and Institutional Class shares, reshareholder servicing expenses of 0.50 % and 0.25 % of the Fund's average daily net assets attributable to Investor Class shares and Institutional Class shares, respectively.
Investor Class Shares and Institutional Class shares pay an annual fee of up to 0.50 % and 0.25 %, respectively, for distribution and shareholder services expenses pursuant to a plan under Rule 12b - 1.
The bylaws of the Trust provide that a majority of shares entitled to vote shall be a quorum for the transaction of business at a shareholders» meeting, except that where any provision of law, or of the Declaration of Trust or of the bylaws permits or requires that (1) holders of any series shall vote as a series, then a majority of the aggregate number of shares of that series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series, or (2) holders of any class shall vote as a
Shareholders in Starwood will receive $ 21.00 in cash and 0.80 shares of Marriott International Class A common stock for each share of Starwood Hotels & Resorts Worldwide common stock.
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