Sentences with phrase «for shareholders in companies»

He prefers to paint his role in those years with the same «activist investor» brush he holds today, arguing that he has created tens of billions of dollars of value for shareholders in companies in which he invested.

Not exact matches

But in the short run, Belt and Road is creating opportunities for Chinese companies and big multinationals alike — ones that their shareholders can't ignore.

He's still one of the biggest shareholders in the company, with a 5 % - plus stake that's worth about $ 300 million, according to SEC documents, mostly in a trust for his kids.

Sainsbury's, a British grocery chain, will buy Asda for # 3 billion ($ 4.1 billion) in cash and a 42 % stake in the company, which will make Walmart the largest minority shareholder.

Tencent is also known in the U.S. for having taken a 5 % stake in Tesla Motors, making it the largest shareholder in the company behind founder Elon Musk.

In addition to the battle for control, which has pitted Dauman against 93 - year - old controlling shareholder Sumner Redstone and his daughter Shari, the company said that advertising sales have been weak, and they are expected to be down by 4 % for the quarter.

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.

Jarden shareholders will receive $ 21 in cash and 0.862 Newell shares for each share held, the companies said on Monday.

In the opinion of the Company's management, these are important indicators of how well management creates value for its shareholders through its operating activities and its capital management.

In 2017, after years of failure, shareholders at my former employer, Exxon Mobil, passed a resolution calling for the company to outline its plans for dealing with climate change.

Under the proposed demerger, which is subject to regulatory approval and a shareholder vote in the first half of 2015, he said there would be benefits for both companies and all shareholders.

The latest example: McKesson shareholders narrowly failed to pass a resolution calling for the company to sharply reduce the massive exit pay package in store for its handsomely compensated CEO.

Similarly, Avigilon founder Fernandes's previous startup, QImaging, was snapped up by a large New York Stock Exchange??? listed conglomerate for $ 20 million in 2002, enabling him to become «the biggest and major shareholder of the company» this time around.

As mentioned above, financial statements are produced by companies for the benefit of shareholders, and are prepared in accordance to sets of accounting rules (i.e. International Financial Reporting Standards, or IFRS, in Canada, and Generally Accepted Accounting Principles, or GAAP, in the U.S.) These rules differ greatly from those used to calculate corporate income taxes owing.

Vistaprint will acquire the company for $ 100 million in cash and $ 17.5 million in restricted shares «subject to continued employment of the founding shareholders,» the company said.

The person you're looking for, Richard, is Jack Stack of SRC Holdings (formerly Springfield Remanufacturing Corp.), who started the company in 1983 with 12 other managers as shareholders.

Critics complain «say on pay» votes are ineffectual because boards aren't bound to the results, but of the 53 U.S. companies for whom shareholders rejected compensation plans in 2012, 45 made changes and got positive votes the following year, according to Institutional Shareholder Services.

Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore - based energy company Risco Energy Investments for $ 113.4 million will help fund exploration activities for two years and return capital to shareholders.

Regardless, common shareholders continue to show themselves willing to trade their voices in company oversight for the prospect of attractive returns.

As business leaders answer that question, they are redefining the role of business in society and reassessing the notion that the primary purpose of a company is to deliver profits for its shareholders.

The creditors of Atlas Iron have voted in favour of the iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next week.

Subiaco - based gold producer Northern Star Resources will become Alchemy Resources» largest shareholder by purchasing the company's Hermes deposit in the Bryah Basin for $ 1.45 million.

Metals X looks set to succeed in its long - running battle for control of Aditya Birla Minerals, with the takeover target recommending shareholders accept an increased offer that values the company at about $ 103 million.

At Warren Buffett's annual Berkshire Hathaway (brk - a) shareholders meeting in early May, the investor wistfully expressed his regret for missing out on the booming growth of America's biggest companies, particularly Google and Amazon.

Shares in Mungana Gold Mines rose by more than 25 per cent after the company announced it would move ahead with its North Queensland zinc strategy, following shareholder support for the $ 15 million acquisition of the Chilagoe base metal assets from the liquidators of Kagara, originally announced in December last year.

Chatchai Yenbamroong has fired another round into his dispute with Tap Oil, with a letter to the company's shareholders calling for their support in his proposed board spill.

In this role, he leads business and financial strategies for the company to deliver profitable growth and long - term shareholder value, and sets direction for the finance, operations, supply chain and information technology functions.

Perth company OTOC has joined TFS Corporation in receiving shareholder approval for a name change and rebranding, which both companies say will more accurately reflect their business models.

That increases the shares outstanding and dilutes the stake of existing shareholders, since shares issued by the company through the exercise of options are not sold in exchange for cash at fair market value but are exercised at a discount.

While this decision by shareholders seems to affirm their confidence in Musk and his vision, Vilas Capital is betting against Tesla, with Thompson predicting the company will crash in the next three - to - six months due to problems delivering on the Model 3 and falling demand for the Model S and X.

That proposal goes to a vote of shareholders at the company's annual meeting for other shareholders to weigh in on.

The two companies previously discussed a merger after billionaire Liberty Media Chairman and Starz shareholder John Malone exchanged part of his Starz holdings for a 3.4 % stake in Lionsgate along with a seat on the studio's board.

These findings echo those of the 1994 classic «Built to Last,» in which Jim Collins and Jerry Porras reveal that over a more than 60 - year period, purpose - guided companies earned six times more for their shareholders than their narrowly profit - focused competitors.

In March last year, the company assembled Transparent Management Committee, an organization designed to protect shareholder rights in its board of directors, appointing an outside director responsible for protecting shareholder rightIn March last year, the company assembled Transparent Management Committee, an organization designed to protect shareholder rights in its board of directors, appointing an outside director responsible for protecting shareholder rightin its board of directors, appointing an outside director responsible for protecting shareholder rights.

Shareholders, for example, according to SHARE's Peter Chapman, are and ought to be concerned about the «ESG» (ethics, social and governance) obligations of the companies they invest in.

In anticipation of doing so soon, we aim to reiterate in this letter the point of view already expressed to you directly with the hope of effectively summarizing it for the company's board of directors and our fellow shareholderIn anticipation of doing so soon, we aim to reiterate in this letter the point of view already expressed to you directly with the hope of effectively summarizing it for the company's board of directors and our fellow shareholderin this letter the point of view already expressed to you directly with the hope of effectively summarizing it for the company's board of directors and our fellow shareholders.

«In due course, we will also review all options regarding the ownership structure of Triton Knoll to maximize value for our company and our shareholders,» he added.

He wants to make sure that the people running the company behave in a way that will build value for shareholders.

In 1991 Hannigan started the office products company Give Something Back and committed to earmarking the company's profits for nonprofit organizations instead of shareholders or investors.

«We are a performance - based company driven through the lens of humanity,» Schultz told the cheering crowd of shareholders and employees who had waited in line for hours to hear the Starbucks leader speak.

In October of 2013, for example, Kohlberg Management VI, LLC, the largest shareholder in Performance Sports Group Ltd. (PSG: TSX), sold 3.2 million common shares of the company at $ 12.15 a share to a syndicate of underwriters co-led by RBC Capital Markets and Paradigm Capital IncIn October of 2013, for example, Kohlberg Management VI, LLC, the largest shareholder in Performance Sports Group Ltd. (PSG: TSX), sold 3.2 million common shares of the company at $ 12.15 a share to a syndicate of underwriters co-led by RBC Capital Markets and Paradigm Capital Incin Performance Sports Group Ltd. (PSG: TSX), sold 3.2 million common shares of the company at $ 12.15 a share to a syndicate of underwriters co-led by RBC Capital Markets and Paradigm Capital Inc..

GE said nine of the company's directors will stand for re-election including major shareholder Trian Fund Management's Edward Garden, who was appointed to GE's board in October.

Northern Minerals Managing Director and CEO, George Bauk, said: «The support shown for the SPP exceeded our expectations, however we are grateful to so many of our shareholders for investing further in this great company.

It wasn't all good times for Jarislowsky in 2012; his company is the largest shareholder in scandal - plagued SNC - Lavalin Group Inc. and suffered for it.

Business Insider believes in companies that not only achieve great financial success, but that create lasting value for their shareholders, employees, consumers, and society.

They may have big dreams for their stake in the company, but they are less likely to demand growth on a quarterly basis the way shareholders in a widely - held company are likely to do.

«The alternative is very stark - a full insolvency process which will result in no return for shareholders of the company,» Noble said.

«By moving ahead with the tax - free spin - off of the midstream business and merging EQM and RMP — following the previously announced addition of two new directors with midstream experience — we believe the Company has put itself on the best path forward for itself and all shareholders,» Quentin Koffey, portfolio manager at D. E. Shaw, said in a statement.

A Delaware court ruled in favor of IAC / InterActiveCorp chief Barry Diller on Friday in a legal dispute with controlling shareholder Liberty Media, paving the way for him to proceed with a proposed spin - off of four company units.

When beauty giant Coty (coty) made an unsolicited $ 10.7 billion for Avon Products (avp) in April 2012, the direct seller's board was adamant shareholders would be better off letting incoming CEO Sheri McCoy fix a very damaged company.