Sentences with phrase «less than the shareholders»

Not exact matches

Credit Suisse CEO Tidjane Thiam earned 5.3 % less last year than he did the year before — a mere 9.7 million Swiss francs ($ 10.26 million) for 2017 — thanks to shareholder pressure.

Apple shareholder Ross Gerber said on Thursday that Apple sold a «perfectly fine» number of phones during the quarter, but earnings were a bit less than he was hoping for.

The three members, Ellen Futter, David Cote and James Crown, for whom shareholder advocacy group ISS had urged shareholders to withhold support, garnered less than 60 percent support each..

Long delayed by the Securities and Exchange Commission (SEC), Title III was the most controversial provision of the JOBS Act because it allowed non-accredited investors — generally defined as individuals with less than $ 1 million in assets who earn less than $ 200,000 per year — to invest in private companies as shareholders.

And it shows Harris and two other directors — Louis Lataif and Donald Resnick — were named to the board with the approval of less than 40 % of the eligible voting shareholders.

At today's prices, industry forecasts of three million barrels per day by 2020 are likely to underestimate production by a bit, but the real kicker will be on the value of that production to all concerned — governments, via taxes and royalties, and shareholders will all suffer much lower returns from this development than they would have expected less than a year ago if prices stay where they are today.

In no case, except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders, will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award, or (4) take any other action that is treated as a repricing under U.S. generally accepted accounting principles.

James McRitchie, 9295 Yorkship Court, Elk Grove, California 95758, beneficial owner of not less than 40 shares of Common Stock, is the proponent of the following shareholder proposal.

* For employees it is a way to persuade current executives into getting pay raises in a way that hits the bonuses current executives, who are signing their employment contract, less than the bonuses of future executives and shareholders, who will have to pay those raises; hoping that future executives and shareholders will not renege on the promises of deferred compensation by previous ones.

Just think of Nortel Networks shareholders who watched their stock's value plummet from over $ 100 a share in early 2000 to less than $ 2.

In many cases, the collective holdings of the minority shareholders are considerably less than half of the total shares.

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 shareholders.

Absent such a standard, the shareholder proposal rule becomes nothing less than a species of private eminent domain by which the federal government allows a small minority to appropriate someone else's property — the company is a legal person, after all, and it is the company's proxy statement at issue — for use as a soap - box to disseminate their views.

Historically, for shareholders participating in the DRIP, American Stock Transfer & Trust Company, LLC (the «Plan Agent») used cash dividends to purchase shares of NHF in the secondary market when the price of NHF's shares, plus estimated brokerage commissions, was less than NAV, or distributed newly issued common shares when the price of NHF's shares, plus estimated brokerage commissions, was equal to or greater than NAV.

Nor are the purchasers of such shares harmed; as in an IPO, they take the shares knowing that the rights will be less than those of the existing shareholders.

Common shareholders are generally granted voting rights, but can be limited and often have lesser rights than those granted to preferred shareholders.

The board also turned against Patrick Soon - Shiong — who even as he closes on the L.A. Times sale still remains Tronc's second - largest shareholder, with something less than a quarter of the company.

A shareholder proposal by Carl Icahn of a non-binding advisory resolution that the Company commit to completing not less than $ 50 billion of share repurchases during its 2014 fiscal year (and increase the authorization under its capital return program accordingly)(Proposal No. 10); and

In no case (except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders) will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, or (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award.

«RESOLVED, that the shareholders hereby approve, on an advisory basis, High River's proposal that Apple commit to completing not less than $ 50 billion of share repurchases during Apple's fiscal year ending September 27, 2014 (and increase the amount authorized for share repurchases under its Capital Return Program accordingly).»

Griffin's unexpected departure appears to have been engineered by Chicago entrepreneur and investor Michael Ferro, who less than three weeks ago became the largest shareholder and chairman of Tribune Publishing.

At 44.4 %, however, less than half of the company's earnings are being returned to shareholders via a dividend, providing plenty of room for more increases going forward.

It ranks as one of Australia's worst floats, with more than $ 500 million in shareholder value destroyed in less than three years, but there's a bitter battle raging over the future of online surf and skate wear retailer SurfStitch.

FTI said the EziBuy proposal would deliver the best overall return to creditors and had less execution risk than the Cheadle DOCA, which is backed by SurfStitch's management team, led by Justin Hillberg, SurfStitch co-founder and creditor Lex Pedersen and other large shareholders.

A: When a company receives low support for its say - on - pay proposal (generally less than 75 %), we believe at a minimum the company should provide some level of disclosure regarding the company's response to shareholder opposition; such disclosure, which often includes a discussion of engagement meetings and feedback received, should be accompanied by relevant changes and / or rationale intended to address outstanding concerns.

BAC NYSE — April 27, 2016 It has been less than a year since Bank of America sought and received shareholder approval to unify the positions of CEO and chairman under the leadership of Brian Moynihan.

Common stock generally grant voting rights, which can be limited and often have lesser rights than preferred shareholders.

ETFs are less expensive than mutual funds as they operate at a much lower Total Expense Ratio (TER), typically 0.5 % — 0.75 % because most ETFs are not actively managed and because ETFs are insulated from the costs incurred by unit trusts of having to buy and sell securities to accommodate shareholder purchases and redemptions.

But it also means he has to sell the company to a bigger company or to shareholders for a lot more money than if he had raised less.

RGC Resources has not efficiently used shareholders» funds last year (Return on Equity less than 20 %).

Shareholder Approval Requirements: NYSE American requires a listed company to obtain the approval of its shareholders for certain types of securities issuances, including private placements that may result in the issuance of common shares (or securities convertible into common shares) equal to 20 % or more of presently outstanding shares for less than the greater of book or market value of the shares.

But the interesting thing is that in the eyes of many investors, Apple's quarterly iPhone sales numbers seem to matter less now than they have for years — at least relative to how much cash Apple is generating and returning to shareholders through dividends and stock buybacks.

Most importantly, Banducci has delivered much - needed cultural change — putting customers rather than shareholders first to underpin long - term growth, repairing damaged relationships with suppliers, rebuilding the confidence of staff and creating a less centralised structure by giving Woolworths» business units more control over their own destinies.

he could sell his shares for millins and leave us with a majority shareholder who care even less than e does

Lukaku: Wont go for any less than # 50M, probably even more now that Everton have financial boosting from a previous arsenal shareholder.

Said a report by Global Insight: «Recurrent conflicts (with Piech) underpinned by the growing influence played by Porsche, which became VW's single largest shareholder less than a year ago, may have accelerated Pischetsrieder's decision.

NextShares that transact with Authorized Participants primarily in kind may experience less cash drag than mutual funds, which often need to hold cash to meet shareholder redemptions.

We've been following AVGN (see earlier posts here and here) because it's a net cash stock (i.e. it's trading at less than the value of its cash after deducting all liabilities) and it has a specialist biotechnology activist fund Biotechnology Value Fund (BVF) pushing it to liquidate and return its cash to shareholders.

MathStar Inc's (OTC: MATH) board has rejected the $ 1.04 per share cash merger offer from PureChoice, Inc. because «the $ 1.04 per share price is less than the liquidation value of MathStar, including the value from any technology sale, and, in the Merger, MathStar's shareholders would derive no value from MathStar's net operating loss carryforwards.»

We've been following AVGN (see earlier posts here, here, here, here, here and here) because it's a net cash stock (i.e. it's trading at less than the value of its cash after deducting all liabilities) and specialist biotechnology activist fund BVF has been pushing it to liquidate and return its cash to shareholders.

We've been following AVGN (see earlier posts here, here and here) because it's a net cash stock (i.e. it's trading at less than the value of its cash after deducting all liabilities) and it has a specialist biotechnology activist fund Biotechnology Value Fund (BVF) pushing it to liquidate and return its cash to shareholders.

In practise though, lenders aren't so keen on that scenario, they would rather have shareholders sharing the risk, and lending a less than 100 % proportion of the total of a companies finance means they are much more likely to get their money back if things go horribly wrong.

The key is patience and diligence with CEFs and knowing that less than 2 % of the US population owns a CEF (vs. 40 % for an open - end fund), 85 % of the shareholders for CEFs are not institutional investors and only 7 of the 598 US listed CEFs trade more that $ 10M a day in liquidity as of last Friday's close.

The International Fund may invest in emerging markets, which are generally more volatile and can have relatively unstable governments, social and legal systems that do not protect shareholders, economies based on only a few industries and securities markets that are substantially smaller, less liquid, more volatile and may have a lower level of government oversight than securities markets in more developed countries.

The business and affairs of the corporation shall be managed by or under the direction of a Board of Directors consisting of not less than five nor more than twenty - one persons, who need not be shareholders.

Although this asset class comprises less than a quarter of our total portfolio, it significantly enhances total investment return for policyholders and shareholders.

Franklin Templeton is not required to report (and does not report) taxable and tax - exempt interest dividends and distributions received on your accounts in an amount of less than $ 10 unless backup withholding was withheld or the fund has elected to pass through foreign tax to shareholders.

Because most companies choose to pay a steady dividend to their shareholders, dividends — their frequency and amount — are persistent and much less volatile than equity prices.

You can lose the amount of the loan (your investment) if the company or governmental body fails, but the risk of loss to creditors (bondholders) is generally less than the risk for owners (shareholders).

We opened our position because AVGN was a net cash stock (i.e. it's trading at less than the value of its cash after deducting all liabilities), albeit a cash burning net cash stock, and BVF was pushing it to liquidate and return its cash to shareholders.