Sentences with phrase «more value for shareholders»

Our board of directors considered the fact that we were in the early stages of considering strategic alternatives that could create more value for shareholders than the Tang Capital proposal, that the directors believed that continuing to execute on our strategic plan, which included conducting the PROSPECT II clinical trial and continuing to develop our Renova ™ Cortical Stimulation System, could ultimately create more value for shareholders than the Tang Capital proposal, and that management had prepared an informal liquidation analysis which showed that the estimated liquidation value of Northstar at that time was greater than the price in the Tang Capital proposal.
Many quite valuable businesses don't pay dividends at all because they believe they can create more value for the shareholders by reinvesting the money instead of distributing it now.
Together with Chinalco, we have the potential to deliver even more value for shareholders, by fully realising our pipeline of technology and innovation projects and taking next generation technologies through to full commercialisation and deployment».
The no - moat firm, in this example, is generating more value for shareholders than the firm with sustainable and durable competitive advantages.

Not exact matches

Tencent lost more than $ 51 billion in market value in two days last week on news of largest shareholder Nasper Inc's 2 percent stake reduction for $ 9.8 billion, and also management's warning of margin pressure.
But a recent round of management changes within the industry portends more concern for shareholder value.
Shareholders who held stock on the date of Bertolini's announcement and still hold it today have seen the value of their original stake more than double (compared with the more modest 34 % gain for the S&P 500 during the same period).
«Hiring women isn't just the right thing for companies to do — it's more profitable... and creates greater shareholder value,» Smith said.
LONDON / FRANKFURT / MILAN, May 2 (Reuters)- U.S. hedge fund Elliott is stepping up its activities in Europe, a Reuters review of data shows, as it sees more opportunities to unlock value for shareholders by pushing through management changes, company break - ups and merger deals.
LONDON / FRANKFURT / MILAN, May 2 - U.S. hedge fund Elliott is stepping up its activities in Europe, a Reuters review of data shows, as it sees more opportunities to unlock value for shareholders by pushing through management changes, company break - ups and merger deals.
But Taylor argues that this number would be much higher if directors cared more about shareholder value or were not so loathe toward forcing CEOs out, largely for personal reasons.
The illusion is growth in revenues, EBITDA, or non-GAAP metrics that overlook the price paid for the acquiree, which, more often than not, is so high that the real cash flows of the deal are highly negative and dilutive to shareholder value.
«As holders of more than 1.3 million Apple shares, Greenlight is alarmed that Apple is attempting to eliminate preferred stock from its corporate charter, hindering its ability to unlock value for shareholders,» Einhorn wrote in his shareholder letter.
Short - term fixes like acquisitions and buybacks won't cut it anymore, and they'll have to focus more on creating long - term value for shareholders by allocating capital more efficiently.
«For more than a decade eBay and PayPal have mutually benefited from being part of one company, creating substantial shareholder value.
For more than 40 years, Harris Associates has practiced consistent investment principles: as value investors, we seek out significantly underpriced companies that have strong business fundamentals and proven, shareholder - oriented management teams.
Whenever it is disclosed in the footnotes, we subtract the fair value of minority interests instead of the reported value for a more accurate measure of shareholder value.
We know that Warren Buffett's Berkshire Hathaway hasn't paid a dividend in more than 30 years because Buffett feels that the return on capital that he generates by retaining those earnings will create eventual share price appreciation value for the shareholder that will exceed the share price / dividend capital appreciation that his shareholders would receive.
Were sales to increase to Mattel's peak NOPAT from 2013, all of a sudden Hasbro could pay more than double the current share price and still create value for its shareholders.
Given the inexpensive value proposition that Netflix delivers its customers, shareholders rightly think that there's more opportunity for widening profit margins down the road.
Shareholder Approval Requirements: NYSE American requires a listed company to obtain the approval of its shareholders for certain types of securities issuances, including private placements that may result in the issuance of common shares (or securities convertible into common shares) equal to 20 % or more of presently outstanding shares for less than the greater of book or market value of the shares.
For more than 125 years, Hormel Foods has brought innovation, beloved brands and outstanding value to our consumers, customers, communities and shareholders.
As a result, you may find a mutual company's pursuit of more stable, consistent, low risk returns a better option for housing your cash value, then a company that is focused on producing shareholder returns.
Perhaps more impressively, National Retail's average annual total return for the past 25 years has been 14.8 %, significantly outpacing the market to provide meaningful value for shareholders.
Also, EdvestinU doesn't worry about posting high profits for shareholders, so the company can focus more on providing value and service to its clients and the community.
If sold for more than «book value per share», the premium will be shared by all resulting shareholders.
But the bank charges these fees so that it could have the income necessary to pay for its branches, pay its expenses, pay its employees, make a profit and deliver shareholder value, all while giving you more free services than any for - profit business ever will.
In order to unlock this value for the benefit of all shareholders, we have developed several strategies which we have discussed with you on more than one occasion.
Somehow, he appears to have decided that ditching O'Neill and the original Irish division, and pursuing a hell - bent chase for international growth, was more important than shareholder value at the time.
But I neglected to consider that not only is the cost to monetize the value of the rigs» value large, but more importantly the incentive for management to return value to shareholders by scrapping the rigs was simply not there and therefore any analysis concerning scrap value was just that, scrap without the «s».
Well, for one thing because I think the value of the company is greater than the MBO offer, but more importantly, there are some large activist shareholders who hold this same view!
And as promised, a good time to kick - off The Great Irish Share Valuation Project, with the ISEQ on a breather for the past year (down 0.6 %)(but still over 40 % off its all - time high, as set nearly a decade ago now), and the Celtic Phoenix offering more opportunity than ever... Long - time readers will be familiar with TGISVP (here's my kick - off posts from 2012, 2013 & 2014), where I attempt to analyse & value every listed Irish stock out there (and usually piss off some tired & emotional shareholders in the process).
More likely: If no strategic buyer is found for the Sellers stake, and the shares are distributed to lots of little shareholders current management may not be pressured into returning full intrinsic value over the next couple of years (i.e. No catalyst, no efficient asset allocation).
To me that means operating the company is more important to them than a sale of the company where value is realized for shareholders.
Berkshire Hathaway (BRK - A, BRK - B), for example, does not pay a dividend because Warren Buffett — the company's chairman and CEO — believes that reinvesting provides more long - term value to shareholders (the company did pay one dividend back in 1967).
Considering the history here & the huge share price discount, it's certainly NOT wishful thinking for shareholders to expect a decent IR effort from management, and (more importantly) an enhancement & realisation of shareholder value... and whatever it takes to achieve that, up to and including a sale of the company.
i) Other Activist Investors: Any other fund (or family office, or investor) who might be interested in building a significant stake in the company, and becoming more actively involved (publicly, or privately) in unlocking Argo's intrinsic value for shareholders.
At this point, however, I believe key shareholders will wring more value from the company... by waiting, rather than by agitating for a quick sale.
I believe a more fairly valued AVGR market cap., and equitable & transparent treatment for all shareholders in the event of a merger (or other transaction), is vital to the long term success & investor support for a potentially enlarged group.
I was wrong here to hold out for my fair value estimate (which proved more theory than fact), wrong to hold out for a takeover offer that never quite materialised, wrong to assume the board & major shareholders could still reliably line up an exit & extract value before it evaporated.
Priced at a discount to VXGN's net cash and liquidation values, and payment in the watered scrip of a speculative biotech play, it's a real dud for VXGN shareholders (see our more detailed take on the terms of the VXGN / OXGN deal).
While a more realistic assumption, such as a power law distribution in shareholder size, will change the values of voting power, it will not change the main results: percentage ownership alone does not equal voting power, allowing for full optimization of voting power.
This policy states that it will «support social, workforce and environmental proposals that promote «good corporate citizenship» while enhancing long term shareholder and stakeholder value and proposals that call for more detailed and comparable reporting of a company's social, workforce and environmental performance».
We know that Warren Buffett's Berkshire Hathaway hasn't paid a dividend in more than 30 years because Buffett feels that the return on capital that he generates by retaining those earnings will create eventual share price appreciation value for the shareholder that will exceed the share price / dividend capital appreciation that his shareholders would receive.
It agrees with business secretary Vince Cable that many mergers fail to create value for shareholders, and that our liberal takeover regime means British firms attract more bids than European and US competitors.
As a result, you may find a mutual company's pursuit of more stable, consistent, low risk returns a better option for housing your cash value, then a company that is focused on producing shareholder returns.
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