«Call it overkill,» he writes, «but it is also quite comfortable to be invested
in common stocks of companies whose solvency is not close to ever being in question.»
It seeks to invest
in the common stocks of companies that have excellent prospects for increasing NAV by not less than 10 %, per annum, compounded over the next three to seven years.
The fund seeks long - term growth of capital through investments primarily
in the common stocks of companies located (or with primary operations) in emerging markets.
Over 80 % of the TAVF portfolio is invested
in the common stocks of companies I like to think of as Graham and Dodd Net - Nets on steroids.
A huge amount of Third Avenue's portfolios is
in the common stocks of companies performing the same function as Private Equity LPs.
While TAM invests
in the common stocks of companies which are predominantly GCs, it is probable that TAM concentrates more heavily on equity investments in companies that are predominantly ITCs.
A majority of the Fund's equity investments are
in the common stocks of companies that are extremely well capitalized and which have been acquired at prices that represent meaningful discounts from readily ascertainable NAVs.
The fund normally invests at least 80 % of its assets in common stocks, with at least 65 % of the fund's assets normally invested
in common stocks of companies that pay dividends.
The last thing TAM portfolio managers and analysts want to do is invest
in the common stocks of companies whose financial statements are incomprehensible, or almost so.
Under normal market conditions, at least 80 % of the fund's assets will be invested
in the common stocks of companies composing the Nasdaq - 100 Index.
The fund invests primarily
in common stocks of companies with significant exposure to countries with developing economies and / or markets.
Under normal market conditions, at least 80 % of the fund «s assets will be invested
in the common stocks of companies composing the S&P 500 Index.
Not exact matches
Snap and its co-founders, Evan Spiegel and Bobby Murphy, have pledged to donate up to 13,000,000 shares
of Class A
common stock over the next 15 to 20 years to a foundation to support arts, education and youth, the
company revealed
in its S - 1 filing Thursday afternoon.
It is now quite
common, should a
stock collapse, for
companies to lower the purchase price on options already granted to employees,
in order to stem a mass exodus
of talent.
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.
Salesforce will pay $ 44.89 per share for MuleSoft, a 36 percent premium — each MuleSoft share will equal $ 36
in cash and 0.0711 shares
of Salesforce
common stock, the
companies said.
Pursuant to the offering, Centene granted the underwriters an option to purchase from the
Company up to an additional $ 260 million
in shares
of common stock.
One final thing to notice is: while family and friends will take
common stock from your
company in exchange for their hard - earned money, professional investors will most often look for some kind
of additional benefit.
As
of September 26, 2015, an additional 179,211 shares
of Apple's
common stock were subject to outstanding
stock options assumed
in connection with acquisitions
of other
companies (with a weighted - average exercise price
of $ 6.17 per share).
At least 80 percent
of the fund's assets are invested
in equity securities, including
common stock, preferred
stock, convertible securities, rights and warrants and depository receipts
of companies located
in the China region.
As different as investors are, they have one thing
in common: the long - term performance
of any
of their
stocks depends on the long - term profit growth
of the respective
company.
-LSB-(Version 2, which is not quite as aggressive): If any holder
of Series A Preferred
Stock fails to participate
in the next Qualified Financing, (as defined below), on a pro rata basis (according to its total equity ownership immediately before such financing)
of their Series A Preferred investment, then such holder will have the Series A Preferred
Stock it owns converted into
Common Stock of the
Company.
For example, the expected timing and likelihood
of completion
of the proposed merger, including the timing, receipt and terms and conditions
of any required governmental and regulatory approvals
of the proposed merger that could reduce anticipated benefits or cause the parties to abandon the transaction, the ability to successfully integrate the businesses, the occurrence
of any event, change or other circumstances that could give rise to the termination
of the merger agreement, the possibility that Kraft shareholders may not approve the merger agreement, the risk that the parties may not be able to satisfy the conditions to the proposed transaction
in a timely manner or at all, risks related to disruption
of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the market price
of Kraft's
common stock, and the risk that the proposed transaction and its announcement could have an adverse effect on the ability
of Kraft and Heinz to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally, problems may arise
in successfully integrating the businesses
of the
companies, which may result
in the combined
company not operating as effectively and efficiently as expected, the combined
company may be unable to achieve cost - cutting synergies or it may take longer than expected to achieve those synergies, and other factors.
The S&P 500
Stock Index is a widely recognized capitalization - weighted index of 500 common stock prices in U.S. compa
Stock Index is a widely recognized capitalization - weighted index
of 500
common stock prices in U.S. compa
stock prices
in U.S.
companies.
Among the factors to be considered
in determining the initial public offering price
of the shares
of common stock,
in addition to prevailing market conditions, will be our
company's historical performance, estimates
of the business potential and earnings prospects
of our
company, an assessment
of our
company's management and the consideration
of the above factors
in relation to market valuation
of companies in related businesses.
With virtually identical market capitalization (the price it would take to buy all shares
of a
company's outstanding
common stock at the current market value), what exactly is an investor
in each respective firm getting for his or her money?
Common stock ranks as the lowest priority
in a
company's capital structure, and consequently, is often the class
of stock held by
company founders and employees.
A
stock appreciation right entitles a participant to receive a payment,
in cash,
common stock, or a combination
of both,
in an amount equal to the difference between the fair market value
of the
stock at the time
of exercise and the exercise price
of the award, which may not be lower than the fair market value
of the
Company's
common stock on the day
of grant.
The reported high and low, and closing sales prices per share
of Company common stock and the cash dividend paid per share for each quarter during 2007 is shown
in the table below.
«Total CEO realized compensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported
in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any
stock option exercised by Mr. Musk
in such year
in connection with which shares
of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price
of Tesla
common stock at the time
of exercise on the exercise date and the exercise price
of the option, plus (iii) with respect to any restricted
stock unit vested by Mr. Musk
in such year
in connection with which shares
of stock were also sold other than automatic sales to satisfy the
Company's withholding obligations related to the vesting
of such restricted
stock unit, if any, the market price
of Tesla
common stock at the time
of vesting, plus (iv) any cash actually received by Mr. Musk
in respect
of any shares sold to cover tax liabilities as described
in (ii) and (iii) above, following the payment
of such amounts.
A
stock appreciation right gives a participant the right to receive the appreciation in the fair market value of Company Common Stock between the date of grant of the award and the date of its exer
stock appreciation right gives a participant the right to receive the appreciation
in the fair market value
of Company Common Stock between the date of grant of the award and the date of its exer
Stock between the date
of grant
of the award and the date
of its exercise.
Each unit issued
in the offering consists
of one share
of the
Company's
common stock and three - quarters
of one warrant.
Additional information about the LTICP and other plans pursuant to which awards
in the form
of shares
of the
Company's
common stock may be made to directors and employees
in exchange for goods or services is provided under «Equity Compensation Plan Information.»
First, consistent with our other equity vehicles, OSUs deliver value
in the form
of Intel
common stock, focusing the leadership team on ensuring the long - term viability
of the
company.
In fact, when valuing a
company or
stock, most professional investors use a form
of modified free cash flow rather than reported net income applicable to
common.
The Board determined to adopt a «net long» definition
of ownership because it believes that only stockholders with full and continuing economic interest and voting rights
in our
common stock should be entitled to request that the
Company call a special meeting.
This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents
of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment
companies, «controlled foreign corporations,» «passive foreign investment
companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance
companies, brokers, dealers or traders
in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 %
of our
common stock and persons holding our
common stock as part
of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.
The number
of shares
of the
Company's authorized
common stock was last increased
in 2001, when the stockholders approved an amendment to the Certificate
of Incorporation to increase the authorized
common stock from 4 billion to 6 billion shares.
If we raise additional funds through further issuances
of equity, convertible debt securities, or other securities convertible into equity, our existing stockholders could suffer significant dilution
in their percentage ownership
of our
company, and any new equity securities we issue could have rights, preferences, and privileges senior to those
of holders
of our Class A
common stock.
based
in part on their business line performance, and thus presented the potential for excessive risk taking, the HRC concluded that the emphasis on overall
Company performance
in compensation decisions, the existence
of robust compliance, internal control, disclosure review and reporting programs and clawback policies, the Code
of Ethics prohibition on, and right to discipline employees for manipulating business goals for compensation purposes and its prohibitions on derivative and hedging transactions
in Company common stock, and the
Company's
stock ownership guidelines provided adequate safeguards that would either prevent or discourage excessive risk taking.
The
Company recognizes compensation expense equal to the grant date fair value
of the
common stock on a straight - line basis over the period during which the employee is required to perform service
in exchange for the award.
In August 2006, the
Company completed a two - for - one
stock split, which doubled the number
of common shares outstanding.
It's
common to object to the dividend yield as a measure
of valuation, given that
companies have devoted more
of their earnings to
stock repurchases than dividend payments
in recent years.
In January 2015, the
Company's Chief Executive Officer contributed 5,068,238 shares
of common stock back to the
Company for no consideration.
On December 31, 2009, the
Company had 5.18 billion outstanding shares
of common stock, and approximately 734 million shares reserved for issuance for outstanding convertible preferred
stock, the warrant issued
in connection with the TARP CPP investment, dividend reinvestment, deferred compensation plans, long - term incentive compensation awards, and
in connection with employee benefit plans.
In contemplation
of the
Company's initial public offering, the
Company has presented unaudited pro forma basic and diluted net loss per share
of common stock, which has been calculated assuming the conversion
of all series
of the
Company's convertible preferred
stock (using the as - if converted method) into shares
of common stock as though the conversion had occurred as
of the beginning
of the period or the original date
of issuance, if later.
The
Company has entered into restricted
stock purchase agreements with certain founders and employees for the issuance
of up to 16,084,442 shares
of restricted
common stock in exchange for services.
Capital
Stock - Capital stock is the number of shares a specific company has authorized for sale in accordance with the company's charter, and that includes both common stocks and preferred st
Stock - Capital
stock is the number of shares a specific company has authorized for sale in accordance with the company's charter, and that includes both common stocks and preferred st
stock is the number
of shares a specific
company has authorized for sale
in accordance with the
company's charter, and that includes both
common stocks and preferred
stocks.
The purchase price
of each Share will be (i) not less than the net asset value per Share (the «NAV Per Share»)
of the
Company's
common stock (as determined
in good faith by the board
of directors
of the
Company or a committee thereof,
in its sole discretion) immediately prior to the Expiration Date (as defined
in the Offer to Purchase)(the date
of repurchase) and (ii) not more than 2.5 % greater than the NAV Per Share as
of such date, plus any unpaid dividends accrued through the expiration date
of the Tender Offer.
Pursuant to the policy, as revised
in February 2009, at each annual meeting
of our stockholders, provided that the director has served on the Board for at least six months prior to the annual meeting, a non-employee director would be granted RSUs having a value equal to $ 225,000 divided by the lesser
of (i) the trailing average closing trading prices
of our
common stock for the 180 - day period preceding and ending with the date
of the RSU grant or (ii) such number
of RSUs as the Board may determine based on additional criteria such as business conditions and / or
company performance, outside director compensation practices at peer
companies and advice from outside compensation consultants.