Sentences with phrase «million of its shares owned»

Yahoo said Monday it will buy 40 million of its shares owned by activist hedge fund trader Daniel Loeb's Third Point for $ 29.11 a share, Friday's closing price, and that he and two other Yahoo directors nominated by Third Point have resigned.

Not exact matches

Those include, prominently, himself: Dorsey owns more than 21 million shares of Twitter, making him one of the biggest individual shareholders.

As of early October, he owned 130 million shares, or 24 % of the company.

• Best Inc., an Alibaba - owned Chinese supply chain network, filed for an IPO of up to $ 750 million worth of American Depository Shares.

But Glencore, under London Stock Exchange reporting obligations, said it would only contribute 300 million euros in equity (taking a tiny equity interest of 0.54 %, and even that only «indirectly»), while the rest of the money was provided by «QIA and by non-recourse bank financing,» the latter being a loan that effectively insulates Glencore against most of the risks of owning Rosneft shares.

Over the same period of time it has paid out $ 40 million in dividends, and has spent $ 31 million repurchasing its own shares, including $ 16.5 million in the currently ongoing Normal Course Issuer Bid announced June 17, 2011; and,

While Berkshire Hathaway, the investment vehicle of the «Oracle of Omaha,» revealed that it purchased 2.3 million shares of Charter Communications in its latest quarterly filing with the U.S. Securities and Exchange Commission, several big - time hedge fund managers also offered a quarterly look into their own portfolios.

Oil and gas company Zeta Petroleum has launched a proposal to acquire full ownership of Sydney - based Pan Pacific Petroleum by buying all the shares it doesn't already own in the company, in a deal worth $ 29.4 million.

Under that pressure Hyundai announced last week a plan to cancel $ 890 million worth of its own «treasury» shares, its first stock cancellation in 14 years.

The unit said in a 13G filing Friday with the Securities and Exchange Commission that it owned nearly 2.87 million shares of Overstock.com as of Nov. 30.

The resulted in a $ 680 million hit to Buffett's Berkshire, which owns nearly 79.5 million shares of IBM, a stake now worth just over $ 11 billion.

In fact, he owned just about $ 98 million worth of Allergan shares as of September, compared with nearly $ 800 million at the end of June.

Berkshire owned about 26.53 million Kinder Morgan shares worth roughly $ 395.9 million at year end, according to a U.S. Securities and Exchange Commission filing detailing $ 127.4 billion of U.S. - listed stock investments by Berkshire.

Danone shares rose more than 6 percent on a Bloomberg report that Corvex now owns a stake of about $ 400 million.

By yearend, Berkshire owned 359 million shares of Wells worth $ 11.1 billion, against a cost of $ 8 billion.

According to CNBC, Buffet lost roughly $ 700 million from the stock drop with Berkshire Hathaway owning about 79.57 million shares of IBM.

Tencent now owns more than 8 million shares in Tesla as of March 24, the carmaker said, making the Chinese company one of its biggest shareholders.

His company Accel Partners owns 201.4 million shares (a 9.5 % stake) of Facebook.

The biggest loser from the dividend cut would be Belgium, which owned 10.3 % share of the bank as of Dec. 31 and received about $ 261 million in dividend payments for 2013.

In 2000, AEA Investors bought 80 percent of the company, paying Quimby $ 141.6 million, making Shavitz's share, had he still owned it, worth about $ 59 million, according to the Times.

Stringer, who is leading the effort to vote down Mylan's current board, oversees New York City pensions that together own more than 1.1 million shares of Mylan stock.

Berkshire (brk - a) owns 506.3 million shares of Wells Fargo (wfc), worth about $ 24.7 billion, mainly through subsidiaries, according to filings with the Securities and Exchange Commission.

As of last year, he owned 35 million shares of Twitter and his company owned 3.5 percent of Lyft, according to Recode.

One interesting fact: to avoid a giant tax headache, Zuckerberg will sell about 30 million of his own shares (about $ 750 million) on the first day of trading.

Icahn Enterprises, which owned about 1.4 million Netflix shares at the end of 2015's first quarter, made the move after Netflix (NFLX) announced approval of a 7 - for - 1 stock split, according to CNBC.

According to the company's prospectus, Pincus will own 112 million shares, or nearly 20 percent of the company's overall value, which is around $ 10 billion, which will make him worth about $ 2 billion.

Herbalife also announced a self - tender offer to buy as much as $ 600 million of its own shares that comes with a contingent cash payment if Herbalife is acquired in a private transaction within two years.

Their 16 million shares is a small fraction of the number of Snap shares the co-founders own.

Spielberg, whose production company Amblin Partners started under DreamWorks, will pocket $ 187.6 million from the 4.6 million shares of the company he owns.

According to insider trading records, Tabatznik on Jan. 23 sold 412,000 shares he indirectly owned through Copper Lake Investments Inc. at roughly $ 4.16 each or a total of $ 1.714 million.

Skoll owns more than 40 million eBay shares, which hit an eight - year high of $ 50 in mid-October on the strength of the company's gambit to expand from web auctions to broader online retail.

Trian owns 12 million Pepsi shares and 40 million shares of Mondelez.

Schmidt is even trying to get rid of some of his stock by setting up a plan to sell approximately $ 335 million of shares he already owns.

3M paid $ 810 million in cash dividends to shareholders and repurchased $ 937 million of its own shares during the quarter.

Warren Buffett's Berkshire Hathaway now owns about 17.7 percent of DaVita HealthCare after buying another 1.1 million shares.

Yahoo says it is buying back 40 million shares of stock owned by Daniel Loeb's Third Point for $ 29.11 a share.

Third Point, which settled a bitter proxy battle with Yahoo last year after months of criticism of the company, will still own about 20 million shares, less than 2 percent of the Internet media company's common stock.

He can see a scenario where CI buys back its own shares, but to do that it will have to use up its short - term investment balance of $ 95 million and its undrawn credit facility of $ 250.

Among the others who could be out big bucks are the funds of John Paulson, who made billions betting against the housing market, and activist investor Jeff Ubben, whose ValueAct fund had been selling shares of Valeant this year but still owned nearly 15 million shares of the company as of the middle of 2015.

Icahn, who owns more than 42 million shares of the insurance giant's stock, had sent a public letter to the company's CEO, Peter Hancock, in late October saying the company continued «to severely underperform» and was «too big to succeed.»

As of early Monday, Toscani's initial tweet had garnered nearly 173,000 retweets and more than half a million likes, with workers sharing their own stories and even presumably lunch - theft - immune celebrities weighing in on the drama.

On October 28, 2015, as one of AIG's largest shareholders (we currently own over 42 million shares), we wrote a public letter to the CEO of AIG suggesting that the company is «Too Big To Succeed» and should accelerate cost cutting and separate into three public companies to shrink below the threshold for systemically important financial institutions.

Camber Capital Management, a hedge fund with an activist history, has purchased 5.7 million shares of Tenet Healthcare Corp., or a 5.7 % stake in the money - losing hospital chain.The emergence of Camber was disclosed Monday, just three days after Tenet's largest shareholder, Glenview Capital Management, resigned two Tenet board seats, citing irreconcilable differences with management and the board.Glenview Capital, which owns an 18 % stake in Tenet, gave notice Friday that it would no longer participate in a stand - still agreement that had prevented it from launching a proxy fight for control of the company.Tenet investors welcomed the Camber disclosure Monday, driving up Tenet's stock price to $ 2.18, or 15 %, to $ 16.63 as of 12:30 p.m. ET.Tenet is the nation's third - largest investor - owned

More than 40 billion photos and videos are shared each day by more than 700 million users of Instagram, which is owned by Facebook.

For example, as of June 2016, Sonic Corp., which owns the Sonic Drive - In chain, has 48.55 million shares outstanding and a share price of $ 28.16.

To align directors» interests with those of our stockholders, each director is required to own shares of Alphabet stock equal in value to at least $ 1 million.

The following may be true of a potential takeover: • the company has fewer than 50 million shares outstanding; • management is dominated by persons near retirement age; • management's record on innovations and improving returns has been poor; • the company owns assets whose market values are potentially higher than those shown on the balance sheet; • outside investors have been steadily buying the stock.

His conglomerate Berkshire Hathaway owned 79.57 million shares of IBM as of March 31, according to the most recently available filings, making it one of his largest investments.

He owns 2.24 million shares of Goldman Sachs valued at $ 472 million based on Thursday's closing price.

Solyndra raised more than $ 700 million by selling preferred shares to venture capitalists, including Argonaut Ventures LLC of San Francisco, which owns about 39 percent of the company.