Sentences with phrase «less vote share»

In most cases, there are covenants that protect dividend rights and liquidation rights of the lesser voting shares.

Not exact matches

In 1996, Buffett created Class B shares worth 1 / 30th of Class A shares, but with lesser voting rights, to stop fee - hungry managers from creating «unit trusts» that sliced up Class A shares for smaller investors seeking «Berkshire look - alikes.»
Coke's plan passed, but yes votes represented less than half of the company's outstanding shares, after including abstentions and nonvotes.
True, shares with inferior voting rights may cost less (the market's way of compensating owners for their lack of control).
When the shares of our Class B common stock represent less than 5 % of combined voting power of our Class A common stock and Class B common stock, the then - outstanding shares of Class B common stock will automatically convert into shares of Class A common stock.
All outstanding shares of our Class B common stock will convert into shares of our Class A common stock when the shares of our Class B common stock represent less than 5 % of the combined voting power of our Class A common stock and Class B common stock.
For starters, one share now only equals one vote, meaning Travis Kalanick will have less power over the board.
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.
For the same reason, issuance of lesser - voting rights shares as consideration in a merger or other corporate acquisition should not be objectionable.
Another good example of a dual class transaction that fails to raise conflict of interest concerns is subsequent issuance of lesser - voting rights shares.
A proposal from an individual investor with 60 shares to «reform executive compensation policy with social responsibility» garnered less than 7 percent of the vote.
Pursuant to Section 228 of the DGCL, any action required to be taken at any annual or special meeting of the stockholders may be taken without a meeting, without prior notice and without a vote if a consent or consents in writing, setting forth the action so taken, is signed by the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares of our stock entitled to vote thereon were present and voted, unless the certificate of incorporation provides otherwise.
Baghdad has much less influence, so if Turkey declines to follow through on its threats, the independence vote could give the Kurdish government some leverage with Baghdad in negotiations over revenue sharing, a longstanding grievance that has not been addressed.
Ackman's nominees received less than 20 percent of votes from shares outstanding and less than 25 percent of shares voted at the meeting.
When the company does nothing dramatic, a void is created — for instance less than half the shares were voted at the 2017 annual meeting — and that sets the stage for activism.
, now they have 9.7 percent of Allergan's shares, which they can vote in favor of their deal, making it more likely that the deal will happen and less likely that someone else will come in to outbid them.
For instance, a 2014 Pew Research study found that Americans are less likely to vote for an atheist presidential candidate than any other survey category — even if they share that candidate's political views.
Santorum received less than half the share of the Catholic vote that went to the greedy, opportunistic, and twice - divorced (but pugnacious) Newt Gingrich.
Some have put them at less than half of their 6 May vote share.
In all likelihood, next year's local election results will be less bad for Labour than this year's were, perhaps showing a Conservative lead of 10 - 15 % in terms of national equivalent vote share.
This means that if there are more than two candidates running, a third party candidate can «spoil» the vote for the viable candidate most similar in ideology to him by splitting the vote of people who share their ideology, making the winner the candidate whose ideology actually has less support in the electorate than an alternative.
To be sure, at less than 14 per cent, the average Lib Dem vote share throughout the most recent Parliament is well down on the average for the Parliament before.
The No side is now developing a more or less shared vision of the division of powers between the UK and the Scottish Parliament if Scotland votes no which would give new powers to the Scottish Parliament in the fields of tax and welfare.
I have copied in some colleagues from the 2010 intake who voted for the motion last week, many of whom defied the whip for the first time in doing so, some of whom don't agree with my less than anti-EU views but may well share my disappointment that the vote is being taken down a path that it was not intended.
Labour held onto their councillors here and their vote share improved, but their lead over the Tories has been slashed from more than 13 % to less than five percent as Ukip implodes.
Their vote share, and popular vote size, was less impressive than in past elections, but the Tories best effort in this 20 year period was 36 %.
However, in the 1983 general election, when Labour received its lowest vote share (27.6 %) since 1918, the SDP fared much less well: the party took 11.6 % of the vote, slightly below the 13.7 % its Alliance partners the Liberals polled, and it ended up with only six seats.
Those identified as supporters or potential converts represent only a little more than one - fifth of the electorate, so the upper limit of the potential Lib Dem vote next May is less than the share of the vote the party won in 2010.
If YouGov is right, and the Tory share of the vote on 6 May is five percentage points more than Labour's, or less, Labour will be the largest party.
But the investors aren't fooling themselves: Of the city funds» $ 92 million worth of shares, less than $ 1 million worth get a vote tomorrow.
Things are looking rather less bad in the 8 most marginal seats we hold against the Lib Dems — though only because the Lib Dems» vote share has fallen further than ours has.
There are over 100 seats where the Lib Dems got less than 16 % of the vote in 2010 and so their vote share can not fall by this much.
However, his share of the vote was less than what Labour gained across the city region in the general election (56 per cent).
They also lost most of their constituency seats, although its share of the constituency vote declined by less than 1 %.
Credico, who unofficially garnered 19,045 votes — or slightly less than four percent of the total — against Gov. Andrew Cuomo in Tuesday's primary, said that he was endorsing the Green Party candidate because he and Hawkins share many of the same progressive values.
The Conservatives came a fairly close second in terms of vote share but won less than half the number of seats that Labour did.
The final YouGov poll not to prompt using minor parties would have had an average error of 2.0 % for the main 4 parties, and 1.6 % if you included the Greens — suggesting it would have been less accurate on the main parties, but more accurate for the Green share of the vote.
There is also some statistical smoothing which has the effect that outliers or vote shares that diverge most from the general consensus are allocated less weight.
But this is no less true in the bureaucracy (politicians look out for votes) or market (investors look out for profits): These are all compromised spaces, which must have shared voice and dialogue to serve as checks and balances, and to build on the best that each offers.
I also think Berkshire Hathaway is attractive at current valuations, but I don't like the Class B shares because I believe they give less voting privileges per dollar invested (correct me if I'm wrong).
Aleph Investments generally will vote against proposals to move the company to another state less favorable to shareholders interests, or to restructure classes of stock in such a way as to benefit one class of shareholders at the expense of another, such as dual classes (A and B shares) of stock.
Thus, issuing (voting) shares means either the current shareholders reduce their proportion of owernship, or the company reissues stock it held back from a previous offering (in which case it no longer has that stock available to issue and thus has less ability to raise funds in the future).
So, Buffett outcompeted them by creating a second class with lesser voting rights than the «A» shares, and 1 / 30th of the economic value of an «A» share.
Each Fund has adopted the following investment restrictions that may not be changed without approval by a «majority of the outstanding shares» of the Fund, which, as used in this SAI, means the vote of the lesser of (a) 67 % or more of the shares of the Fund represented at a meeting, if the holders of more than 50 % of the outstanding shares of the Fund are present or represented by proxy, or (b) more than 50 % of the outstanding shares of the Fund.
b. the merger gets voted down, and you get a liquidation around $ 0.74 (greenbackd liquidation value less termination fee and capped expenses of approximately $ 0.03 per share).
Companies on the list must have a «strong balance sheet that could be recapitalized or liquidated to achieve activist value creation; and insiders must own less than 20 % of the shares, implying an inability to exercise voting control over the company:»
A majority of the outstanding voting shares of the fund means the affirmative vote of the lesser of: (a) 67 % or more of the voting shares represented at the meeting, if more than 50 % of the outstanding voting shares of the fund are represented at the meeting or (b) more than 50 % of the outstanding voting shares of the fund.
Brotalitometer: You can now compete to be the most manly or wantonly violent in custom levels.Level Sharing: Combined with Level Editor, you can now create, publish and upload your levels.Rate Levels: Tell Level Creators what you think of their genius and hard work, and have bros» vote on your levels as well, to bring the cream of the crop to the top.Mac build now available!ADDED!Sign posts (with words written on them) Can tag doodads in the Level EditorBrotality triggers, Entity triggers for when entities dieIMPROVED!The custom menu looks less like pandsThere will always be a bro that is spawned in the Level Editor (which is less confusing) Less z - fighting on trees and vehicles (though there is still more to do in this regard) FIXED!Stopped McBrover's satchel packs exploding arbitrarily on doorsBlocks don't float after being above cagesLevel Editor keeps better track of the level's filenameScout Mooks don't levitate while screamingSuicide Mooks are now less forgetfulSoftened the tanks» explosion of death (that had the effect of launching bros in the tanks» rockless like pandsThere will always be a bro that is spawned in the Level Editor (which is less confusing) Less z - fighting on trees and vehicles (though there is still more to do in this regard) FIXED!Stopped McBrover's satchel packs exploding arbitrarily on doorsBlocks don't float after being above cagesLevel Editor keeps better track of the level's filenameScout Mooks don't levitate while screamingSuicide Mooks are now less forgetfulSoftened the tanks» explosion of death (that had the effect of launching bros in the tanks» rockless confusing) Less z - fighting on trees and vehicles (though there is still more to do in this regard) FIXED!Stopped McBrover's satchel packs exploding arbitrarily on doorsBlocks don't float after being above cagesLevel Editor keeps better track of the level's filenameScout Mooks don't levitate while screamingSuicide Mooks are now less forgetfulSoftened the tanks» explosion of death (that had the effect of launching bros in the tanks» rockLess z - fighting on trees and vehicles (though there is still more to do in this regard) FIXED!Stopped McBrover's satchel packs exploding arbitrarily on doorsBlocks don't float after being above cagesLevel Editor keeps better track of the level's filenameScout Mooks don't levitate while screamingSuicide Mooks are now less forgetfulSoftened the tanks» explosion of death (that had the effect of launching bros in the tanks» rockless forgetfulSoftened the tanks» explosion of death (that had the effect of launching bros in the tanks» rockets)
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