Sentences with phrase «given millions of shares»

This company was reorganized and the debtors were given millions of shares for debt.

Not exact matches

Last March, he showed his generous side by giving his Italian employees $ 10 million worth of shares in the company to celebrate his 80th birthday.
Regulatory filings on New Year's Eve revealed that he and his brother each gave away 1.5 million Walmart shares to the family charity, Walton Family Holdings Trust, while sister Alice gave away 3.7 million shares, for a total family donation of $ 407 million.
Less than a week into the trial, Uber agreed to give Alphabet shares worth $ 245 million along with words of «regret» that stopped short of admitting guilt.
The Berkshire Hathaway CEO and legendary investor made the single biggest charitable donation this year, giving $ 2.1 billion to the Bill and Melinda Gates Foundation in the form of 16.6 million shares of his company, according to Wealth - X's ranking of the 10 largest philanthropic donations of 2014 published on Wednesday.
• Ultra Electronics will buy Sparton Corp (NYSE: SPA) for $ 23.50 per share, giving the company an enterprise value of about $ 234.8 million, according to Reuters.
Third Point: The hedge fund run by Daniel Loeb disclosed Thursday that it bought more than 45 million shares of Ally Financial (ALLY) during the second quarter, giving Third Point a 9.5 % stake in the auto lender.
Additionally the company said it's given underwriters a chance to buy an additional 1.2 million shares of stock.
More from iCONIC: Millionaire Tony Robbins shares the advice he would give his 21 - year - old self A start - up taking on Amazon and eBay is racking up millions in sales 3 pieces of advice Tony Hawk says you should know to find success doing what you love
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
The number of new shares to be given to the investors is simple math: If they're to have 60 percent of the company after investing and founders have 1 million shares, then issuing 1.5 million shares for the new investors makes the math work.
After giving $ 100 million to Newark, New Jersey schools, $ 120 million to Bay Area schools, and 18 million Facebook shares (now worth $ 1.9 billion) to the Silicon Valley Community Foundation, they made the audacious announcement that they would give away 99 % of their Facebook stock during their lifetime, an amount currently valued at $ 45 billion.
Though the IPO only gave Rovio half the market value the company had hoped for ($ 900 million ($ 1.1 billion) instead of its anticipated $ 2 billion), stock bounced back when a bank backing the IPO started purchasing shares to «stabilize» the price, according to Bloomberg.
Operating earnings of approximately $ 51 million pretax, or $ 0.28 per diluted common share, for the company's Individual Commercial segment given the company's exit on January 1, 2018, as previously disclosed.
Operating earnings of $ 63 million pretax, or $ 0.27 per diluted common share, for the company's Individual Commercial segment given the company's exit on January 1, 2018, as previously disclosed.
Following the issue, BinCom will have 54,977,160 shares on issue (excluding oversubscriptions) giving it a market capitalisation of approximately $ 13.7 million at the 25 cents issue price.
A document filed Thursday with the Securities and Exchange Commission shows that Sandberg has transferred 590,000 shares of Facebook stock, which Recode reports is worth nearly $ 100 million, to a fund she uses for charitable giving.
HelloFresh sold 31 million new shares in an initial public offering, giving it a valuation around 1.7 billion euros at current prices — more than double the $ 888 million (763 million euro) market capitalization of struggling Blue Apron (aprn).
Given that Amazon delivers 3.5 million packages a day, according to the Journal story, if it could deliver a good share of those itself, it only makes sense that it would start offering delivery to other companies, too.
Mr Zuckerberg and Priscilla Chan, his wife, gave 18 million Facebook shares worth about $ 990 million to the Silicon Valley Community Foundation in December, nearly 30 per cent of the $ 3.4 billion total given to charity last year.
Regulatory filings on New Year's Eve revealed that Walton and his brother each gave away 1.5 million Walmart shares to the family charity, Walton Family Holdings Trust, while sister Alice gave away 3.7 million shares, for a total family donation of $ 407 million.
That price range was already a drop from the valuation investors gave Square during its most recent private round of financing, when Square raised $ 150 million at $ 15.50 per share, or at a valuation of $ 6 billion, in October 2014.
They donated $ 25 million in the fight against Ebola last year, and they gave $ 100 million worth of Facebook shares toward improving a New Jersey public - school system.
Camber Capital Management, a hedge fund with an activist history, has purchased 5.7 million shares of Tenet Healthcare Corp., or a 5.7 % stake in the money - losing hospital chain.The emergence of Camber was disclosed Monday, just three days after Tenet's largest shareholder, Glenview Capital Management, resigned two Tenet board seats, citing irreconcilable differences with management and the board.Glenview Capital, which owns an 18 % stake in Tenet, gave notice Friday that it would no longer participate in a stand - still agreement that had prevented it from launching a proxy fight for control of the company.Tenet investors welcomed the Camber disclosure Monday, driving up Tenet's stock price to $ 2.18, or 15 %, to $ 16.63 as of 12:30 p.m. ET.Tenet is the nation's third - largest investor - owned
He says, «I'm not exactly sure why Andreessen Horowitz selling the shares is a negative, given that it booked a $ 14 million profit off of its $ 40 million investment.
He made a pledge in 2006 to hand over a total that equates to 500 million shares, and each year he gives 5 percent of the remaining total.
In 2013, Zuckerberg and his wife, Priscilla Chan gave 18 million shares of Facebook stock to the Silicon Valley Community Foundation.
(i) by causing Retrophin to commence a litigation against Doe in order to coerce Doe into giving Shkreli Doe's Fearnow Shares, and by causing Retrophin to enter into a settlement with Doe whereby Retrophin paid $ 100,000 and Doe delivered 50,000 shares to Shkreli, resulting in a benefit to Shkreli of more than $ 1.4 million (at current market prShares, and by causing Retrophin to enter into a settlement with Doe whereby Retrophin paid $ 100,000 and Doe delivered 50,000 shares to Shkreli, resulting in a benefit to Shkreli of more than $ 1.4 million (at current market prshares to Shkreli, resulting in a benefit to Shkreli of more than $ 1.4 million (at current market prices).
Apple on Tuesday reported that it sold 9.1 million iPads during the first quarter of 2018, giving the company its highest share of the worldwide tablet market during that quarter in four years, according to IDC.
The options have an exercise price of $ 15.80, the closing per share price of Yahoo stock on Friday, giving them a current value of just over $ 5 million.
on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
If an additional U.S. $ 250 million of Debentures is issued and all U.S. $ 1.25 billion of Debentures were converted, the common shares issued upon conversion would represent approximately 19.2 % of the common shares after giving effect to the conversion, based on the number of common shares currently outstanding.
However, the largest national research survey, using recent data on hundreds of companies that employ 6 million workers, gives encouraging news on this score, showing that managers in companies with more employee share ownership, appear to implement a greater number of these supportive involvement policies.30
It's a great thing that an individual can sit down and construct something and share it with millions of people around the world; almost nothing else other than code and technology gives you that ability to do that.
In an effort to further tie Levandowski to Uber, Waymo's lawyer also pointed out that Uber gave Levandowski 5.3 million shares of Uber stock dated the day after he quit Google «without giving notice,» stock that was worth $ 250 million at the time.
Conservation International and Starbucks have partnered to help improve the lives of at least 1 million people in coffee communities around the world through giving away hearty coffee trees and sharing resources through Starbucks Farmer Support Centers.
Given multiple people share households, the forecast suggests a smart speaker consumer reach of 172.4 million US consumers in 2022.
The current share price gives the company a market cap of more than NIS 40 million.
Axovant Sciences» adjunct approach, top - shelf leadership, and $ 320 million stockpile of cash on the books simply gives me more confidence in it than Anavex Life Sciences, which recently moved its shares from the wild west of the pink sheets to the NASDAQ exchange.
Not long after the news of a T - 12 halt, the SEC said it has obtained a court order giving them access to freeze more than $ 27 million in trading proceeds from allegedly illegal distributions and sales of restricted shares of Longfin stock involving its CEO and three other individuals.
271 million shares of the social media giant have been released, giving a new set of investors the opportunity to fail miserably.
They also gave him an idea: Why couldn't Christians share payments for each other's medical expenses on an ongoing, organized basis?From that question has grown the Christian Brotherhood, a ministry with an estimated 80,000 members nationwide that processes $ 4 million worth of member medical bills every month.Others aim to follow Christian Brotherhood's lead, including the Blessed Assurance Bulletin of Lubbock, Texas (currently serving 40 families), and the Medi - Share Program of the Christian Care Ministry, based in Melbourne, Florida (35,000 membshare payments for each other's medical expenses on an ongoing, organized basis?From that question has grown the Christian Brotherhood, a ministry with an estimated 80,000 members nationwide that processes $ 4 million worth of member medical bills every month.Others aim to follow Christian Brotherhood's lead, including the Blessed Assurance Bulletin of Lubbock, Texas (currently serving 40 families), and the Medi - Share Program of the Christian Care Ministry, based in Melbourne, Florida (35,000 membShare Program of the Christian Care Ministry, based in Melbourne, Florida (35,000 members).
Lots of my readers have been asking me to share my favourite places, so I've listed them all in this post I hope that they give you all lots of inspiration — even if you never go anywhere near California I'd recommend just checking out the menus online, these places alone have given me a million inspiration ideas!
Colgate was also ordered to pay penalties of $ 6 million for making and giving effect to an understanding to share sensitive market information, including information about when they would increase their prices.
Beyond that, Tampa Bay owes the NHL $ 6.5 million on the $ 10 million loan the league quietly gave the Lightning in 1996 as an advance on Tampa Bay's share of national TV revenue.
It also would give McCaskey a healthy cut of the millions of dollars in parking and concession revenues the Bears do not share under the terms of a lease with the Chicago Park District that runs through 1999.
Cuomo is giving the Senecas until the third week of June to resolve its $ 600 million casino revenue - sharing dispute with the state or he will push for the right for a commercial casino to locate in Western New York.
Delaware law gives shareholders the right to inspect the books and records of a corporation for such information, and the New York State pension fund holds $ 378 million shares in the company.
Former CPHS director Judy Wessler said the state has continued to systematically underfund hospitals with the highest share of Medicaid patients, while giving millions of dollars to hospitals with higher concentrations of commercially - insured patients.
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