Sentences with phrase «made by shareholders»

A Corporate Resolution is the record of any major decision made by shareholders or a board of directors during a meeting.

Briess concerned a fraudulent misrepresentation made by a shareholder who was subsequently authorised by the other shareholders to continue negotiations as their agent.

Not exact matches

Warren Buffett «s Berkshire Hathaway Inc. (brk - a) has become Bank of America Corp's (bac) largest shareholder by exercising its right to acquire 700 million shares at a steep discount, more than tripling an investment it made six years ago.

While the tax bill has been promoted by Republicans as a job creator, the reality is that drug companies are more likely to return the money to shareholders, or use it to make acquisitions.

What probably will make a difference is whether the board — which last fall paid out a $ 300 million special dividend to shareholders — accepts the offer by Arthur T. Demoulas to acquire the 50.5 percent stake in the $ 4.6 billion company now controlled by his cousin Arthur S. Demoulas and other family members.

«But it is worth noting that although some shareholders may be made off worse by the inversion, it's value - increasing for others.

St. Jude's board also plans to express that it wants to use this proposal as an opportunity for shareholders to express their views without being influenced by any recommendation the board might make.

His last open letter to shareholders makes the point clearly about investing in creating value — «Berkshire's gain in net worth during 2016 was $ 27.5 billion, which increased the per - share book value of both our Class A and Class B stock by 10.7 %.

The pill, which contains dolutegravir with rilpivirine, is made by ViiV, the specialist HIV company majority owned by GlaxoSmithKline, that has Pfizer and Japanese pharmaceutical company Shionogi as shareholders.

Buffett, who for much of his career avoided tech stocks, has capitalized on that rally by doubling — or, if you will, sextupling — down on Apple stock: He owns six times as much of it now as he did at this time last year, making him one of the iPhone maker's largest shareholders.

An alternative would have been to make the merger subject to approval by a majority of their minority shareholders.

Expressing his awe over the big stock price pops triggered by Valeant's M&A announcements, Ackman continued, «Shareholders should not be allowed to make this much money.»

But Harris and the other directors involved didn't make a recommendation for or against the deal, which was supported by a majority of shareholders.

Ever since Dell, who has a 16 percent stake in the company, earlier this year made it known he wanted to take the company private he has faced shareholder backlash spurred by the price of the buyout.

Externalities such as the consequences of business decisions for the environment have to be dealt with by the government, unless, of course, a business case can be made that shareholder value is increased by taking care of these externalities.

Activist investor Carl Icahn, the second largest Dell shareholder behind Michael Dell, and Southeastern Asset Management have joined forces to halt the deal by making an offer of their own.

A CRACK down on related party disclosure documents has been launched by the Australian Securities and Investments Commission to ensure shareholders receive sufficient information to make a decision about whether to grant related party benefits.

As part of the deal, Gores Holdings Inc., set up by the Gores Group to make acquisitions and other deals, will pay $ 375 million in cash to Hostess shareholders.

Often referred to as the «Wizard of Omaha,» Buffett is chairman, CEO, and largest shareholder of Berkshire Hathaway, where he has largely made his fortune by remaining true to the principles of value investing he first learned from Professors David Dodd ’21 and Benjamin Graham while a Columbia Business School student.

The indictment of Martin Winterkorn makes Volkswagen more vulnerable to lawsuits by shareholders who say top managers concealed risks.

You can gauge the interest in responsible investing simply from the increase in shareholder proposals being filed about ESG issues and the exponential growth in the number of questions being asked by institutional investors, researchers and clients - and as a CEO, I have to make trade offs that may not be in the best short term profit interest of the Bank but are viewed in our best long term interest.

Valuation: we made $ 83 million of adjustments with a net effect of decreasing shareholder value by $ 83 million.

Valuation: we made $ 3.2 billion of adjustments with a net effect of decreasing shareholder value by $ 2.8 billion.

Asked how long it might be before a blockchain - based system could be used by a major corporation for a shareholder meeting, Kotsialou reluctantly estimated five years, but she made no promises.

At Berkshire Hathaway's recent annual shareholders meeting, an investor asked Buffett about the relevance of two popular measures of stock market value: 1) market cap - to - GDP, which Buffett once heralded as «probably the best single measure of where valuations stand at any given moment» and 2) the cyclically - adjusted price - earnings ratio (CAPE), which was made famous by Nobel prize winner Robert Shiller and was seen as accurately predicting the dot - com bubble and the housing bubble.

In the past, companies have viewed instances of strong equity markets as an opportunity to take advantage of their highly valued stock to make acquisitions or as an opportune time to fetch a good premium for shareholders by being acquired.

The empirical evidence shows that the split does not generally enhance shareholder value, so make sure that the division is supported by the specific circumstances facing your company.

Valuation: we made $ 325 million of adjustments with a net effect of increasing shareholder value by $ 172 million.

Total shareholder return was helped by an $ 8.2 billion repurchase made in late 2013 — when the company and a group of investors led by Kotick and Activision Chairman Brian Kelly bought out a stake held by then - majority shareholder Vivendi.

Valuation: we made $ 108 billion of adjustments with a net effect of increasing shareholder value by $ 33.3 billion.

second, whether a «proposal seeks to «micro-manage» the company by probing too deeply into matters of a complex nature upon which shareholders, as a group, would not be in a position to make an informed judgment.»

I made the case for pruning the rule in my article Revitalizing SEC Rule 14a - 8's Ordinary Business Exemption: Preventing Shareholder Micromanagement by Proposal (March 29, 2016).

Rule 14a - 8 (i)(7) is intended to permit exclusion of a proposal that «seeks to «micro-manage» the company by probing too deeply into matters of a complex nature upon which shareholders, as a group, would not be in a position to make an informed judgment.»

«U.S. multinational corporations can defer paying tax on profits they earn abroad indefinitely by agreeing not to use the earnings for certain purposes, like paying dividends to shareholders, financing domestic acquisitions, guaranteeing loans, or making investments in physical capital in the U.S..

Shoppers Drug Mart shareholders who have not made an election by the election deadline will be deemed to have elected to receive the cash consideration as to 53.9 % of their shares and the share consideration as to 46.1 % of their shares, subject to pro-ration.

Shareholders holding Shoppers Drug Mart shares through a broker, investment dealer or other intermediary, should carefully follow the instructions provided by such broker, investment dealer or other intermediary in order to make an election.

Below, let's briefly review five key points made by executives during the call that shareholders shouldn't miss this quarter.

Asked what he would do if he was approached by a buyer for MDC, he said, «As the CEO of MDC, I work for the shareholders, and ultimately the shareholders and the board will determine if a bid is made for the company and fair value is being paid.

Apple Inc. shareholders could make history next year by deciding whether the company should be forced to increase the number of non-white executives and directors, with a vote on a proposal the iPhone maker has tried to squelch.

Tribune Publishing also announced it received a $ 70.5 million investment from Nant Capital in a deal that makes the California - based technology investment firm the company's second - largest shareholder, edging past the 4.695 million shares owned by Oaktree Capital Management, which has pushed Tribune Publishing to negotiate a sale to Gannett.

A recent study by Wes Gray and Jack Vogel, Dissecting Shareholder Yield, makes the stunning claim that dividend yield doesn't predict future returns, but more complete measures of shareholder yield might hold soShareholder Yield, makes the stunning claim that dividend yield doesn't predict future returns, but more complete measures of shareholder yield might hold soshareholder yield might hold some promise.

If you have an ownership stake in a fantastic business with great returns on capital, a strong competitive position that makes it difficult to unseat in its given sector or industry, and a board of directors that is shareholder - friendly, it shouldn't cause you any particular distress to watch your holdings decline by 50 percent or more on paper.

As such, by limiting the currently available data as contained within the new law would make harder the already tedious «sifting through often - byzantine layers of shell companies and nominee shareholders to identify the true owners of certain assets,» and the ability for third parties to add information to the public sphere and marketplace of ideas is unnecessarily curtailed.

Distribution options may be changed prior to the payable date for that distribution using an Account Options Form and some requests may be made by speaking to a Shareholder Services Representative.

Start by reading his annual letters to shareholders and make a note to attend the mother of all annual meetings, the first Saturday in May in the heartland of Capitalism, Omaha, Nebraska.

Valuation: we made $ 5.7 billion of adjustments with a net effect of decreasing shareholder value by $ 200 million.

Because CTK confer no governance rights or shareholder voting rights of any kind with respect to the CRYPTYK platform or the Company, all decisions involving the Company's products or services within the platform or the Company itself will be made by the Company at its sole discretion.

In this case, Wachtell's bylaw could chill shareholder activist activity by making it harder to obtain qualified director nominees.

Notify stakeholders because the rumor mill can run rampant.Debunk rumors by making updates available to vendors, the media, shareholders, employees, retailers, distributors, sales and consumers.

United States private equity firm Kohlberg Kravis Roberts is understood to have made fresh soundings to major institutional shareholders in Treasury Wine Estates as the wine company prepares to cut about 100 staff by June 30.