With the board's blessing, the company will issue a new
non-voting class of shares to existing shareholders.
Not exact matches
Viacom's
non-voting class «B»
shares rose 6.7 % Thursday, with much
of the jump coming late in the day, after the move presaging Dauman's removal as CEO became public.
Often by keeping control with two
classes of stock: voting
shares for founders and original investors, and
non-voting for everyone else.
It also announced it will create a new
class of non-voting shares in a move aimed at letting Mark Zuckerberg give away his wealth without relinquishing control
of the social media juggernaut he founde...
Ahead
of the theatrical release
of the reboot
of» Power Rangers,» sell - side analysts weighed in on how it is likely to perform and the general prospects
of Lions Gate Entertainment Corporation
Class B
Non-Voting Shares (NYSE: LGF - B) and Lions Gate Entertainment Corporation
Class A Voting
Shares...
It can be argued that mega-mutual fund advisors have been drawn into an alliance with the shareholder empowerment movement on the issues
of proxy access and dual
class share structures created through IPOs like Snap Inc.'s, which resulted in a
class of non-voting shares, simply because
of the business opportunity such an alliance represents.
McGovern will continue to serve as an executive at High Times and receive, as part
of his compensation, an additional 289,630
Class B
non-voting stock options, to vest over a three - year period at $ 2.18 per
share.
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).
Noted value investor Prem Watsa bought 13 %
of the
class A
non-voting shares in December.