Sentences with phrase «multiple voting shares»

Stronach founded the auto - parts maker and maintains control through multiple voting shares.
Following the SNAP IPO, two major index providers, S&P and FTSE, announced changes in their rules regarding firms that issue multiple voting shares.
His large buyout firm Onex Corp. controls all of Celestica's multiple voting shares, granting him unassailable control even while owning a minority position.
The case for multiple voting shares is that they allow executives manage for the long - term.
Nevertheless, Bombardier illustrates everything wrong with multiple voting shares, a concept that makes it possible for intransigent owners to destroy shareholder value while leaving investors no way to push for changes.
The desire to maintain multiple voting shares might have something to do with why Bombardier didn't get the full $ 1 - billion in aid it was originally seeking from the federal government.

Not exact matches

It's more than a little ironic that Facebook (fb), which has become a powerful media entity, is controlled in much the same way through multiple - voting shares owned by Mark Zuckerberg and his family.
This is typically in the form of super voting shares that have votes worth some multiple over the single vote shares.
You can create and save multiple cover designs that (in the near future) you can socially share — a great way to have readers vote on their favorites.
Some Canadian companies, such as Bombardier and Teck Resources, have two classes of common shares: voting and non-voting (or multiple voting and subordinate voting).
The main difference: holders of voting or multiple - voting shares control the company.
There is no adjustment for differing voting rights among multiple share classes of a single company.
Remember — if you need access for multiple votes due to limited computer access, work and home computers as well as Smart Phones all offer voting options and you can also add different web browsers (Google, Google Chrome, Safari, Mozilla Firefox, Opera, etc.) to a single computer which allows one vote per browser (i.e. for families or classrooms sharing a single computer).
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