Sentences with phrase «issue shares of a corporation»

There are strict rules with respect to whom a corporation may issue its shares, accordingly, we strongly recommend speaking with a lawyer BEFORE issuing or agreeing to issue shares of a corporation.

Not exact matches

Next, the corporation issues all of its stock and transfers it to the new profit - sharing plan in exchange for the cash in the plan.

The fund is referred to as «aggressive» because the composition of the fund does not necessarily reflect the composition of its benchmark index: it may invest in preferred shares issued by Split Share Corporations, for instance, and is not required to hold such classes of shares as floating rate issues, which are expected to underperform for the foreseeable future.

Warrant to purchase shares of common stock issued to Starbucks Corporation, dated as of August 7, 2012, as amended on September 30, 2013.

When a corporation is created, each owner is issued shares proportional to the percentage of ownership.

These shares usually have less voting rights than the Class A Shares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most voting rights and when they are issued to the sharehoshares usually have less voting rights than the Class A Shares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most voting rights and when they are issued to the sharehoShares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most voting rights and when they are issued to the sharehoshares has the most voting rights and when they are issued to the shareholders.

The Ontario government changed tax rules in 2005 to allow physicians to issue non-voting shares to family members of physician professional corporations, which means doctors were allowed to begin paying dividends to spouses from their CCPC income, essentially splitting the income between both taxpayers.

[17] After 1918, a growing number of corporations issued two classes of common stock: one having full voting rights on a one vote per share basis, the other having no voting rights (but sometimes having greater dividend rights).

Corporations that issue shares conveying different rights to investors will no longer be able to join the S&P 500 Index, one of the most popular ways of tracking the performance of the American stock market.

available therefor, a dividend at the rate of 3 % of the Original Issue Price per share per annum, payable in preference and priority to any payment of any dividend on Common Stock of the Corporation.

Because most of these ESOPs in stock market companies depended on actually financing and buying newly issued shares with credit rather than simply granting shares that brought in no new capital to the corporation, the dilutive aspects of these ESOPs were moderated.

Once a class or series of shares is created and authorized, the board of directors of the corporation issues the shares by a resolution process.

Common stock is a type of equity share issued by a corporation or entity.

The corporation raises capital and the result is that the proceeds are allocated to two lines in the shareholders» equity statement of the balance sheet; the first $ 25,000 consists of 5,000 shares issued multiplied by $ 5 par value per share; the remaining line results from multiplying the excess purchase price ($ 20 per share - $ 5 par value = $ 15 excess) by the number of shares issued ($ 15 x 5,000 shares = $ 75,000).

This is because the corporation typically needs to increase the authorized number of common shares to allow for the future conversion of the newly issued preferred stock into common stock.

Investment banks help corporations issue new shares of stock in an initial public offering or follow - on offering.

Source: Mitsubishi Motors, Automotive News (Subscription Required) Press Release is on Page 2 Mitsubishi Motors Joins Renault - Nissan Alliance MMC to receive strategic, operational and management support from Nissan Synergy benefits to enhance MMC profit margins and earnings per share Carlos Ghosn, Nissan chairman and CEO, named chairman - elect of MMC New role created of Director for Global Risk Control Tokyo, October 20, 2016 — Mitsubishi Motors Corporation (MMC) announces that Nissan Motor Co., Ltd. (Nissan) has become its largest shareholder after completing the purchase of 34 % of MMC - issued stock for 237 billion JPY.

Publicly held corporations issue shares of stock, or equity, and sell these shares to the general public.

The proposals were adopted on September 3, 2009 by the written consent of the holders of 2,388,730 shares of Common Stock, representing a 70 % interest in the issued and outstanding Common Stock and were submitted to the Secretary of the Corporation on or about September 4, 2009.

Separate stock - issuing corporations are also set up, with the sole business being to own shares (officially, units) of the company MLP, redistributing the passive income through the corporation as a regular dividend.

The maximum number of common (or preferred) shares that a corporation may issue under the terms of its charter.

Authorized but unissued stock of a company or previously issued shares that have been re-acquired by the corporation.

All shares of a particular class issued by a corporation or mutual fund are identical.

Instead of a corporation issuing a fixed income security for a value of $ 1,000 such as the case for a bond the trust purchases a large group of the same fixed income product and re-issues shares at $ 25 (like a preferred share).

At issue is the proper treatment of taxpayers who receive shares of stock when a mutual insurance company that issued policies to them converts into a regular corporation.

We understand that MediciNova, Inc., a Delaware corporation, (the «Offeror») has made a non-binding, publicly disclosed offer (the «Offer») to acquire, pursuant to a proposed merger transaction, all of the issued and outstanding shares of common stock, par value $ 0.001 per share (the «Common Stock») of Avigen, Inc., a Delaware corporation (the «Company»), in exchange for the Consideration (as defined below) pursuant to letters sent by the Offeror to the Company dated December 22, 2008 and February 9, 2009 (the «Letters»), which letters are contained in the Offeror's Current Reports on Form 8 - K filed with the Securities and Exchange Commission (the «SEC») on December 23, 2008 and February 9, 2009, respectively.

Common stock is a type of equity share issued by a corporation or entity.

The Yorkshire Terrier Club of America Foundation, Incorporation (herein called YTCAF) shall not issue shares of stock of any class or kind, and shall not be owned by any person (s), corporation, firm, or entity of any kind whatsoever.

In a press release issued this weekend, SEGA Holdings Co., Ltd., a subsidiary of SEGA SAMMY HOLDINGS, will transfer all shares of Index Corporation to Sawada Holdings Co. Ltd..

The Corporation's board of directors decided to issue convertible notes to address the cash flow issues, leading to substantial dilution the of common shares held by any shareholder who did not subscribe to the notes.

Before issuing the notes, the Corporation's board of directors accelerated conversion of the Plaintiff's C shares.

The Domestic Business Corporation Certificate of Formation for an Alabama corporation must include the specific number of shares of stock that your corporation is authorizeCorporation Certificate of Formation for an Alabama corporation must include the specific number of shares of stock that your corporation is authorizecorporation must include the specific number of shares of stock that your corporation is authorizecorporation is authorized to issue.

In Michigan, the corporation filing fee is based on the number of shares the corporation is authorized to issue.

The filing fee in Nevada is also based on the number of shares the corporation is authorized to issue.

Nevada Articles of Incorporation must also include the number of shares of stock that the corporation is authorized to issue.

South Carolina securities law is the area of law dealing with securities, which is the generic term for shares of stock, bonds and debentures issued by corporations and governments to evidence ownership and terms of payment of dividends or final pay - off.

The number and class of shares your corporation is authorized to issue.

failing to provide for a sufficient number of shares, meaning that further shares can't be issued without costly changes to the corporation's Articles of Incorporation;

(c) in the case of assessment assessed for French - language public district school board purposes, the number of shares held in the corporation by supporters of a French - language public district school board bears to the total number of shares of the corporation issued and outstanding.

failing to provide for a sufficient number of shares, meaning that further shares can not be issued without costly changes to the corporation's Articles of Incorporation;

Major stock exchanges and leading financial institutions are rapidly exploring and adopting the use of blockchains for securities issued by corporations in order to ensure more accurate, efficient, and economical recording of share ownership.

BHP Billiton and Petrohawk Energy Corporation («Petrohawk») announced late yesterday that the companies have entered into a definitive agreement for BHP Billiton to acquire Petrohawk for $ 38.75 per share by means of an all - cash tender offer for all of the issued and outstanding shares of Petrohawk, representing a total equity value of approximately $ 12.1 billion and a total enterprise value of approximately $ 15.1 billion, including the assumption of net debt (more...)

26 If it is so provided in the articles or a unanimous shareholder agreement, no shares of a class or series shall be issued unless the shares have first been offered to the shareholders of the corporation holding shares of that class or series or of another class or series on such terms as are provided in the articles or unanimous shareholder agreement.

That work led to the passage of a new law in Delaware clearing the way for corporations in the state to issue and store shares by way of a distributed ledger.

(i) if the transaction involves the acquisition of disposition of 100 % of the issued and outstanding shares in the capital of a corporation that has a real estate component (sale or lease of real property, including an assignment of lease), a real estate licence is required by third parties providing trading services in relation to the transaction; i.e., this is considered a trade in real estate;

(ii) if the transaction involves the acquisition of disposition of 100 % of the issued and outstanding shares in the capital of a corporation that does not have a real estate component (sale or lease of real property, including an assignment of lease), a real estate licence is not required by third parties providing trading services in relation to the transaction; i.e., this is not considered a trade in real estate; or

Brookfield Residential announced that it has issued US$ 300 million of Brookfield Residential common shares to Brookfield Investments Corporation, a wholly - owned subsidiary of Brookfield Asset Management Inc., as consideration for the purchase of US$ 300 million of Class B Preferred Shares, Series 1 of Brookfield BPY Holdingsshares to Brookfield Investments Corporation, a wholly - owned subsidiary of Brookfield Asset Management Inc., as consideration for the purchase of US$ 300 million of Class B Preferred Shares, Series 1 of Brookfield BPY HoldingsShares, Series 1 of Brookfield BPY Holdings Inc..