Sentences with phrase «liquidation distributions»

I think they may want to grow the company (and thus their salaries) rather than «prettying up» the company for a potential suitor or returning value to shareholders in the form of dividends or liquidation distributions.
Thereafter shares traded in the $ 15 range until mid October when management upped their estimate of liquidation distributions, first to $ 18.10 then $ 18.35.
When the first management estimates of liquidation distributions were made in the Fall of 2014, the shares popped to between $ 17 and $ 18.
Generally these type of investments do not make sense for an IRA as one most often is looking for long term capital gains treatment from liquidation distributions greater than the purchase price.
Any amount of liquidation distributions greater than your tax basis will be treated as short or long term gains depending on your holding period.
(Strangely, shareholders never sue when the liquidation distributions are GREATER than management estimates, but often do when they are LESS...) So what do the liquidation estimates tell us about the value of GYRO?
In the proxy management provides a range of value for liquidation distributions of between $ 13.79 and $ 15.79 per common share.
The latest estimate of liquidation distributions, made in late July 2016, was for $ 10.61 per share (which excluded $ 7.75 per share in previous distributions).
Most times they give a range of projected liquidation distributions, and in general, my experience is, management is extremely conservative when they provide these numbers.
Another consideration I haven't discussed is timing, i.e. when the liquidation distributions might be made.
What's great about liquidations is that management has to provide their estimate of what the liquidation distributions will be in the filings.
You are right that, given the composition of the Board, it is more than likely liquidation distributions could be made this year or early next, but my guess is that they will hold on to 20 % of the cash to cover any contingencies at least for a year.
Box 9 reports noncash liquidation distributions.
For 1099 purposes, the distributions must be stock dividends, capital gain distributions, nontaxable distributions, or liquidation distributions paid on stock.
The minimum amount that must be paid to trigger a 1099 is $ 10, or $ 600 in the case of liquidation distributions.
After the $ 4.85 liquidation distribution is paid, there still is approximately $ 1.74 / share in cash left, and the sale of the Viceroy Hotel later this year might fetch around $ 4 / share.
Box 8 is the amount you get from a cash liquidation distribution.
Every time a distribution is made the company will indicate whether it is a liquidation distribution or not.
A $ 2.00 per share liquidation distribution was made in May 2016 after which shares traded down from $ 12.50 to the $ 10.50 — $ 9.62 range.

Not exact matches

Upon liquidation, holders of such debt securities and preferred shares, if issued, and lenders with respect to other borrowings would receive a distribution of our available assets prior to the holders of our common stock.
In the event of a liquidation or acquisition, preferred shareholders may receive back at least the original investment value and, often, a multiple thereof before any distributions are made to common shareholders.
In addition, the amount of the fund's income distributions will vary over time and the breakdown of returns between fund distributions and liquidation proceeds will not be predictable at the time of your investment, resulting in a gain or loss for tax purposes.
After payment of the full liquidation preference of the Series A, Series A-1, Series B, and Series C, the entire remaining amounts legally available for distribution will be distributed to the holders of our common stock pro rata based on the number of shares held by each holder.
This means that economic goals like liquidation of poverty and unemployment, distribution of welfare, narrowing the gulf between the rich and the poor, people's participation in the economic process, accountability of economic centres to the people, economic self - sufficiency and similar other economic purposes are jeopardized because the market is not concerned with them.
Supposedly, there was a shareholders» meeting a few days ago «to approve the liquidation and distribution of all shares of the fund (National Retail Fund)».
The company has announced that the board of directors has approved a Plan of Liquidation and Dissolution forecasting distributions...
In the 13D filing the individual states his intent which is «As Aspen currently has no active business operations and a significant amount of liquid assets, (individual name) believes that there is broad shareholder support for the implementation of a plan of liquidation and distribution of substantially all the proceeds from the Sale and Aspen's additional liquid assets to Aspen's shareholders.
Any shareholders remaining in the fund on the distribution date will automatically have their shares redeemed for cash at the net asset value as of the liquidation date.
The seniority of preferreds applies to both the distribution of corporate earnings (as dividends) and the liquidation of proceeds in case of bankruptcy.
The only other document I could find is this distribution chart for Motors Liquidation Company.
Non-dividend Distributions, Liquidations.
The court denied his request to dismiss the case and ordered the seizure of the undisclosed assets for liquidation and distribution to his creditors.
Preferred shares which, in addition to their fixed rate of prior dividend, share with the common in further dividend distributions and in capital distributions above their par value in liquidation.
Gyro dyne Corp. (GYRO) has announced a distribution of $ 1.00 per share as part of their long - term liquidation process.
I had previously thought the Board's strategy in implementing a subscription rights offer was to entice retail investors (who picked up shares after hedge funds dumped their GYRO common post the 2013 distributions) to exercise their rights and oversubscription privileges, thereby gaining enough votes to pass the merger proposal allowing liquidation.
Then I might expect a final distribution on the 3rd anniversary of the dissolution certificate filing with possibly a liquidation trust established if the FATV investments can not be monetized before that point.
By 1991 investors who purchased City Investing Liquidating Trust at inception had received several liquidating distributions with a combined value of approximately nine dollars per unit, or three times the September 1985 market price, with much of the value received in the early years of the liquidation process.
They're usually concluded within 6 months to 2 years, and any decent BoD / management will provide an estimated total distribution amount (net of all expected liquidation expenses) and schedule.
On a similar note I'm also becoming less and less enthused with Winthrop management's handling of their liquidation; its been almost a year now since the company's remaining assets were put in a liquidating trust and we shareholders have seen little in the way of property sales and liquidating distributions.
This range of estimated distributions represents our estimate of the amount to be distributed to stockholders during the liquidation, but does not represent the minimum or maximum distribution amount.
A capital gains distribution is a payment to shareholders that is prompted by a fund manager's liquidation of underlying stocks and securities in a mutual fund, or derived from dividend and interest earned by the fund's holdings minus the fund's operating expenses.
This drop reflected the natural tendency for incentive distributions to shrink and become more sporadic, given that crisis - era fund Opps VIIb is far along in its liquidation, coupled with the fact that most other closed - end funds are not yet at the stage of their distribution waterfall where Oaktree is entitled to incentive distributions other than tax related ones.
Each share has equal, per - class, dividend, distribution and liquidation rights.
In addition, each share of each Fund is entitled to participate equally with other shares (i) in dividends and distributions declared by such Fund and (ii) on liquidation to its proportionate share of the assets remaining after satisfaction of outstanding liabilities.
Such distributions may be made from the cash assets of the Fund or by liquidation of portfolio securities, if necessary (including when it is not advantageous to do so).
In addition, REITs are dependent on specialized management skills and on their ability to generate cash flow for operating purposes and to make distributions to shareholders or unitholders REITs may have limited diversification and are subject to risks associated with obtaining financing for real property, as well as to the risk of self - liquidation.
The distributions consisted of three cash payments with a value of $ 0.26 per share ($ 10M on liquidation, and a $ 2M payment on each of the 6 and 12 month anniversaries of liquidation) and a share in a newly created company, VSW, worth between nothing and $ 0.14 on pretty heroic assumptions.
If, prior to its dissolution, the Company receives an offer for a transaction that will, in the view of the Board, provide superior value to stockholders than the value of the estimated distributions under the Plan, taking into account all factors that could affect valuation, including timing and certainty of payment or closing, credit market risks, proposed terms and other factors, the Plan of Liquidation and the dissolution could be abandoned in favor of such a transaction.
If the Company's shareholders approve the Plan, the Company intends to file articles of dissolution, satisfy or resolve its remaining liabilities and obligations, including but not limited to contingent liabilities and claims, ongoing clinical trial obligations, lease obligations, severance for terminated employees, and costs associated with the liquidation and dissolution, and make distributions to its shareholders of cash available for distribution, subject to applicable legal requirements.
One issue that may arise with wind - downs (not liquidations): Be v clear on the exact characterization of distributions.
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