Granted, there was more news: The Nomadic speciality dairy business has attracted potential acquirers & is now conducting a review to
maximise shareholder value.
«Rio Tinto has the right strategy to
maximise shareholder value in the long term.
Crucially, all M&A discussion / activity has ceased, with the focus «on
maximising shareholder value whilst continuing to explore options for further value creation».
Not exact matches
In a statement the Foodland board said it was continuing discussions with other potential bidders in order to
maximise value for
shareholders.
«The proposal represents a unique and compelling opportunity for Goodman Fielder to
maximise value for its
shareholders and create a leading Asia - Pacific agricultural and consumer staples joint venture with strong financial resources and Asian understanding,» Wilmar and First Capital said in a joint statement.
However, Australia's largest baker, which has seen underlying earnings halve over the past six years, says it is willing to discuss any proposal that
maximises value for
shareholders.
There have been some moves in the last couple of years towards empowering
shareholders in the UK in relation to Boards of Directors, but owners must uphold the company constitution in its wider commitments to work in the public interest rather than simply
maximise dividend
value.
All remaining upside for
shareholders is ultimately based on the actual
value realised from an Old NTR wind - down (rather than current book
values)-- so yes, it takes longer but it
maximises value / upside, and investors will have a pretty minimal cost base / net investment in Old NTR anyway.
The Board recognises this and as such is undertaking a strategic review to assess all suitable options for the purpose of
maximising long term
shareholder value.»
EUR 37 million market cap — hence, the new «strategic review to assess all suitable options for the purpose of
maximising long term
shareholder value».
Of course, he is also One51's CEO — i) disposing of non-core assets (like its NTR stake) is a key step towards going public, as he's already stated, ii) the ultimate
value of its NTR stake (perhaps EUR 78 million) is integral to One51's own market cap (of EUR 211 million), and iii) clearly, he has a duty to his own
shareholders to
maximise the disposal
value of this stake.
Shareholders have filed resolutions asking for ExxonMobil, Chevron and other US energy companies to undertake stress tests to ensure they
maximise value and don't just pursue a BAU strategy in the face of stronger regulation and weakening fossil fuel demand as economies transition.
Prior to the Act, a director could safely claim to be acting bona fide in the interest of the company by seeking to
maximise the
value of the company for the
shareholders.