Sentences with phrase «new shareholder support»

We also think it's unfortunate that investors might well speculate — noting the timing & structure of the deal, and EIIB's more than ample cash liquidity — this share issuance was simply a ploy by management to recruit new shareholder support via these investment vehicles.

Not exact matches

Wesfarmers shareholders have delivered a mild rebuke to their board of directors, delivering a protest vote against a new share options scheme but supporting the company's remuneration report.

This not only boosts existing shareholder trust and support, but also shortens preparation time for new rounds, enables new investors to better assess historical results and leads to less of a need for future data points for validation.

«The revised structure granting shareholders 15 percent equity in New Noble has my full support,»...

Although the release doesn't mention it, while Tribune was becoming tronc, it was also taking a vote on a new slate of directors — a vote that Gannett attempted to influence by trying to convince shareholders to withhold their support, as a show of non-confidence.

But the new world of an activist (or three) in every stock, and passive - shareholder support for and use of activists, makes these issues a lot more practically relevant.

«Despite the continued support of attacks by activist hedge funds by the Chair of the SEC, and many «Chicago school» academics who continue to rely on discredited statistics, there is growing recognition by institutional investors and prominent «new school» economists of the threat to corporations and their shareholders and to the economy of these attacks -LSB-...]

It looks like the company can count on support from Elliott, but it will be interesting to see how other shareholders react to the all - new, all - different board.

Peck wrote in a report earlier this month that unless Mayer has the support of senior executives, employees, partners, and investors, then «a seamless transition to new leadership could be in the best interest of the company and shareholders.»

New York Stock Exchange — June 6 David Einhorn's Greenlight Capital is seeking shareholder support at GM's 2017 annual meeting for a proposal to split GM shares into two separate listed equities, dividend shares and capital appreciation shares.

Frustrated by its engagement with the incumbent board, Greenlight has determined to also seek shareholder support to remove and replace three directors at the 2017 annual meeting, arguing that new perspective is needed to realize the intrinsic value of GM shares.

Nygren isn't alone is supporting the new bids: The company's largest outside shareholder, Southeastern Asset Management, which owns 8.4 % of the company, has criticized Dell's offer as too low.

New York Stock Exchange — May 20, 2016 After receiving overwhelming support for its compensation program in the wake of substantial structural and disclosure - related changes announced ahead of the Company's 2015 annual meeting, shareholders must now consider whether these structural features, however robust, can ultimately be expected to reign in compensation that is routinely granted at levels far exceeding peer levels.

Magna International Inc. chairman Mike Harris received only a minority of shareholder support for his re-election earlier this year but remained on the company's board, according to new disclosure prompted by a rare shareholder lawsuit.

I would like to take this opportunity, on behalf of everyone at Lysogene, to welcome all new shareholders and extend our thanks to those pre-IPO shareholders that have supported us through this journey.

«I welcome Nissan's willingness to provide strategic, operational and management support as our new lead shareholder.

Source: Mitsubishi Motors, Automotive News (Subscription Required) Press Release is on Page 2 Mitsubishi Motors Joins Renault - Nissan Alliance MMC to receive strategic, operational and management support from Nissan Synergy benefits to enhance MMC profit margins and earnings per share Carlos Ghosn, Nissan chairman and CEO, named chairman - elect of MMC New role created of Director for Global Risk Control Tokyo, October 20, 2016 — Mitsubishi Motors Corporation (MMC) announces that Nissan Motor Co., Ltd. (Nissan) has become its largest shareholder after completing the purchase of 34 % of MMC - issued stock for 237 billion JPY.

«I welcome Nissan's willingness to provide strategic, operational and management support as our new lead shareholder,» said Masuko.

September 9, 2014 David Winters discusses the lack of shareholder support for The Coca - Cola Company's 2014 equity plan with Andrew Ross Sorkin for the New York Times article, «Support in Coca - Cola Vote Depends on How the Math Is Done.support for The Coca - Cola Company's 2014 equity plan with Andrew Ross Sorkin for the New York Times article, «Support in Coca - Cola Vote Depends on How the Math Is Done.Support in Coca - Cola Vote Depends on How the Math Is Done.»

Of course, I'm certainly not advocating pissing money away here... But if ZMNO presented a new hell for leather growth plan — premised on a break - even P&L, and a firm conviction the incremental spend will truly move the needle — I definitely think shareholders should enthusiastically support such a strategy.

Noting the breadth of shareholder support I have received to date, I believe this perspective is shared by a substantial majority of Argo's external shareholder base, and I expect this letter will attract new support.

May 22, 2009 Wintergreen Advisers welcomes new, independent directors to the board of Consolidated - Tomoka Land Co. & urges implementation of corporate governance changes supported by shareholders.

In fact, probably the best thing shareholders could do is support a new option programme for the CEO & board — awards should be far more generous (but based on a strike price substantially higher than today's share price), if they're intended to incentivize management appropriately.

As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.

Shareholders voted in support of the board of director's recommendation to name a new subadvisor for the International Value Fund.

The shareholder resolution that won the most support at both Exxon and Chevron asks for a new bylaw allowing qualifying shareholders to nominate board members.

Including support and advice for new business ventures, drafting or updating constitutional documents, ongoing corporate, company secretarial and commercial support for companies, partnerships and LLPs and dealing with shareholder or other stakeholder disputes

Included in a new constitution should be a recall provision whereby anyone elected to office, be it President, CEO, Treasurer, Director, whatever, can be held accountable for implementing / supporting policy that does not reflect the will of the actual shareholders, being the dues paying members.