Currently, he also acts as a Director of B - Finance Ltd.,
the majority shareholder of the Company.
Not exact matches
«One does not want to own part
of a
company when the
majority shareholder is running out
of money.»
The statement said 3G Capital, the
majority owner
of Burger King, would continue to own the
majority of the shares
of the new
company on a pro forma basis, with the remainder held by existing
shareholders of Tim Hortons and Burger King.
Nabors
shareholders also sent a strong rebuke against the
company's governance practices with a
majority vote against one
of its two director nominees, Myron M. Sheinfeld.
«Through a series
of intragroup financial and commercial agreements, the
majority shareholders group implemented a policy that resulted in draining, to its own benefit, the treasury and the wealth
of the joint
company,» Gecamines said in a statement.
Cadence 100 Best
Companies rank: 52 A large
majority of the Cadence's (cdns) employees are currently
shareholders.
He added that he thinks «the vast
majority of the
company's employees,
shareholders, analysts, and other stakeholders» would support replacing Green with Harrison.
They are asking for policies that most well run
companies have adopted; things like
majority vote standards, so directors are only elected to the board if a
majority of shareholders want them there.
Since 2011, a
majority of Netflix (nflx)
shareholders has asked the
company to change the way it operates on 15 separate occasions.
The growing opposition from major
shareholders could be a big problem for Dell because in order for the
company to go private, he needs the approval
of the
majority of shareholders, excluding his stake in the
company.
Yet Zuckerberg — who is not only Facebook's CEO, but also the chairman
of its board and its
majority voting
shareholder — struggled to describe when his personal thinking about the
company and its philosophy shifted.
New rules will require CBCA
companies — about 40 %
of companies listed on the TSX — to hold an election for their entire board
of directors annually, vote for each director individually and, most importantly, use uniquely crafted
majority - voting rules that only let
shareholders vote «no» or «yes» for a director, eliminating the use
of «withhold» votes which is standard practice under existing TSX rules.
The affirmative vote
of the holders
of a
majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification
of the appointment
of E&Y as Walmart's independent accountants for fiscal 2014; (ii) the adoption
of a non-binding advisory resolution to approve the compensation
of the
company's NEOs; (iii) the approval
of the Management Incentive Plan, as amended; and (iv) the adoption
of each
of the
shareholder proposals.
The State
of Delaware, where a
majority of American
companies are incorporated, technically requires only that either the disinterested directors or disinterested
shareholders approve the deal, but the standard practice is to do both.
At any meeting at which a quorum has been established, the affirmative vote
of the holders
of a
majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification
of the appointment
of EY as Walmart's independent accountants for fiscal 2016; (ii) the adoption
of a non-binding advisory resolution to approve the compensation
of the
company's NEOs; (iii) the approval
of the Stock Incentive Plan
of 2015; and (iv) the adoption
of each
of the
shareholder proposals.
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.
The
company, Ellaal Goldberg Corporation, is a U.S. holding
company that is the
majority shareholder of Ellaal Goldberg, SA, a
company incorporated in Romania.
In particular,
companies should be allowed to introduce dual - class shares after they have gone public, subject to a
majority -
of - minority
shareholder vote.
Despite the fact that the
majority of shareholders oppose the activist
shareholder proposals, because
of the current regulatory regime, public
companies must dedicate time, and money to defend against them.
This comes a year after a
shareholder proposal seeking an assessment
of the long term impacts on the
company's portfolio
of public policies received near -
majority support.
«Since I am the founder and
majority shareholder of Uphold and co-founder and
majority shareholder of Voxelus, this allows me to combine the best innovations from both
companies.»
The Board believes that it is the responsibility
of any person putting a proposal forward for
shareholders to approve — regardless
of whether the
Company or a
shareholder proponent — to persuade
shareholders owning a
majority of the shares that vote to support the proposal.
I guess the lesson
of Travis Kalanick's resignation as chief executive officer
of Uber Technologies Inc. is that you can be the visionary founder
of a massive
company, stay private to avoid the pressures
of the public market, keep control
of a
majority of the voting power
of the shares, and still be forced out in a boardroom coup led by activist
shareholders:
In connection with a
shareholder proposal made at the 2012 annual meeting
of shareholders, the
Company informed its
shareholders that the Board had adopted a policy providing for
majority voting for the election
of directors in uncontested elections and that the
Company would take steps to implement
majority voting in its Articles and bylaws.
As noted, for ESOPs in closely held
companies this is not an issue since, typically, the entire
company is being sold to the employees, and managers and the exiting owner are not focused on the dilution
of the
majority shareholder since that
shareholder desires to cash out its
majority equity.
Because most ESOPs in closely held
companies take place in situations where the founding owner wants to retire and cash out
of the business, the issue
of diluting profit per share and diluting the ownership and governance rights
of majority shareholders is not a material issue in these cases.
At last year's annual meeting, the
company's advisory vote on executive compensation failed to receive
majority support from
shareholders, with approximately 29 %
of shareholders supporting the proposal; however this was just one
of the issues the
company faced in the past year.
Similar proposals, also called «Aiming for A,» received well over
majority support at a handful
of European
companies where they were submitted in 2015, due in large part to the fact that in each case the board recommended
shareholders vote in favor.
In the event that (i) the Board
of Directors proposes, recommends, approves or otherwise submits to the
shareholders of the
Company, for
shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders
of a
majority of the shares
of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares
of capital stock
of the
Company now or hereafter directly or indirectly owned
of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation
of the Deemed Liquidation Event as shall be requested by the holders
of a
majority of the shares
of Key Holder Common Stock in order to carry out the terms and provision
of this Section x.y..
If a
company has proven that it can average a high return on total capital within the
majority of its business operations (averaging, say, 15 % + per year for many years) then the
company can reinvest what would be dividends, and thus save the
shareholder tax.
This change likely reflects outrage at the cursory response provided by Renault's board after a
majority of shareholders opposed CEO Carlos Ghosn's pay at the
company's 2016 AGM.
His measure calls for a share buyback and is in the form
of a precatory proposal, which means that even if a
majority of Apple
shareholders approved, it would not be binding on the
company's management.
Cal - Maine's 2010 Annual Report to
shareholders says that the
company's shell eggs are sold to «a
majority of the largest food retailers in the U.S.» Among its customers are retailers such as HEB and Publix.
In July, an agreement was signed over a strategic alliance with Raiffeisen - holding Niederosterreich - Wien,
majority shareholder of the Austrian
company Nom, involving the purchase by Parmalat
of a 25 per cent stake in the Austrian dairy group for $ 30 million.
That
shareholder cap can only be changed if the
company's constitution is changed which requires a 75 per cent
majority of those voting.
RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «
Company»), a global leader in the production and marketing
of value added products derived from rice bran, today announced that, based on preliminary noncumulative voting results reported by the independent inspector
of elections (the «Inspector») following the
Company's 2016 Annual Meeting
of Shareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Bo
Shareholders (the «Annual Meeting»), a large
majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Bo
shareholders have voted on the WHITE proxy card for the
Company's incumbent Board
of Directors (the «Board»).
Apart from my personal opinion that he is the main one responsible for our poor transfer budgets and lack
of ambition for the club since he became
majority shareholder but worse still he has now shown who he really is by the launch
of the appalling hunting channel just launched in the UK by the
company that he owns!
Incidentally, Kroenke is the club's
majority shareholder, owning 66.64 %
of the club's parent
company Arsenal Holdings plc..
Arsenal's
majority shareholder, Stan Kroenke, has taken a payment
of # 3m out
of the club according to the latest
company accounts.
Stan Kroenke is the Gunners»
majority shareholder with 66.64 percent
of the club's parent
company Arsenal Holdings plc, wile Russian - Uzbek Alisher Usmanov owns 29.11 percent.
Currently, Stan Kroenke, an American sports tycoon with a net worth
of approximately $ 7.4 billion, is the
majority shareholder in the clubs parent
company, Arsenal Holdings Plc with a 67 % stake.
Mr. Roth is also a
majority shareholder in National Beef and isn't his
company the producer
of Mc Donald's hamburgers — Jo Ann Smith the USDA official that approved pink slime sits on Tyson's Board
of Directors... connect the dots.
Michael Ashcroft will be
majority owner
of this
company (57.5 %) with Stephan as the main minority
shareholder and Chairman.
The
majority of BP's
shareholders have voted against CEO Bob Dudley's # 14 million pay package - but the
company has chosen to ignore them.
Of course, in the eyes of the attorneys for the Winchester Repeating Arms Company, he's the best candidate to assess whether or not the majority shareholder in the company is mentally fit to retain her contro
Of course, in the eyes
of the attorneys for the Winchester Repeating Arms Company, he's the best candidate to assess whether or not the majority shareholder in the company is mentally fit to retain her contro
of the attorneys for the Winchester Repeating Arms
Company, he's the best candidate to assess whether or not the majority shareholder in the company is mentally fit to retain her c
Company, he's the best candidate to assess whether or not the
majority shareholder in the
company is mentally fit to retain her c
company is mentally fit to retain her control.
None
of these
companies have disclosed how the shares changed hands in those transactions since the initial purchase in 2006, but Spalding remains the
majority shareholder and controls the business.
There is no need, nor reason, to waste time or
shareholder resources on advisors or to delay the liquidation process in order to explore risky alternative strategies, courses certain to result in further diminution
of value for all
shareholders, when the
majority of the stockholders
of the
Company appear to have already made their views perfectly clear.
In order to do this, the
company generally needs the approval
of a
majority of the existing
shareholders.
Sterling Capital Management argued in a May 2008 letter that the failure
of nominated directors at ACL's Annual Meeting
of Stockholders to receive a
majority of the
shareholder vote in support
of their re-election demonstrated
shareholders» «discontent with the failure
of the Board to fully engage SHI in negotiations that could ultimately lead to a transaction that fairly values our
company.»
The
majority of the
company's garnet is supplied pursuant to a distribution agreement with an Indian supplier that was formerly owned by WGI (WGI sold this
company in 2008 and distributed the proceeds
of the sale, together with a portion
of its cash on hand, to
shareholders).