Sentences with phrase «of shareholder distributions»

Not exact matches

Osry advises clients to hold quarterly family meetings to hash out what she describes as a «family constitution» — a kind of mission statement that lays out high - level values and principles, but also articulates protocols governing the distribution of dividends among shareholders and employment rules for family members.

«From the perspective of shareholder value, companies have all of the incentive in the world to try to reduce their tax payments, to increase net income and increase distributions to shareholders.»

Meanwhile, it said the company's clients, business partners and shareholders «can be assured that the bank's decision has no impact on the management of CI or the strong fundamentals of its business,» noting that it has been posting «record gross sales and its best net sales in over a decade, with strong results across all distribution channels.»

Their appearance before Congress comes at an awkward and difficult time for the company, which is under fire from its shareholders and facing a number of ongoing government investigations into drug pricing and distribution, accounting and disclosures, and antitrust matters.

April 24 (Reuters)- U.S. supermarket operator Supervalu Inc said on Tuesday it would sell eight of its distribution centers to an undisclosed buyer for about $ 483 million following pressure from activist shareholders, sending its shares up 3 percent.

In the event of a liquidation or acquisition, preferred shareholders may receive back at least the original investment value and, often, a multiple thereof before any distributions are made to common shareholders.

While common stockholders are afforded certain voting rights, economic participation in the event of a liquidity event or declaration of dividends is subordinate to creditor and preferred shareholder cash distributions.

The actual tax characteristics of distributions to shareholders will be reported to shareholders annually on a Form 1099 - DIV.

Foreign REIT equivalents are entities located in jurisdictions that have adopted legislation substantially similar to the REIT tax provisions in that they provide for flow through tax treatment for the foreign REIT equivalent and require distributions of income to shareholders.

More than two - thirds of income at pass - through companies (so named because their structure makes them exempt from the corporate income tax, and their profits are instead taxed upon distribution to shareholders) goes to the top 1 percent.

ORLANDO, FL., Nov. 22, 2011 — Marriott Vacations Worldwide Corporation (NYSE: VAC), the leading global pure - play vacation ownership company, begins regular way trading today following its spin - off from Marriott International, Inc. (NYSE: MAR) with a one - for - 10 distribution of Marriott Vacations Worldwide shares to Marriott International shareholders on November 21, 2011.

This release of proposed amendments to «Prospectus and Registration Exemptions» include an Offering Memorandum (OM) Prospectus Exemption, a Family, Friends, and Business Associates Prospective Exemption (FFBA), a prospectus exemption for distributions by a reporting issuer to it's existing shareholders and the Crowdfunding Prospectus Exemption and regulatory requirements applicable to a Crowdfunding Portal which we addressed in the presentation.

If the Fund were to fail to comply with the income, diversification or distribution requirements, all of its taxable income regardless of whether timely distributed to shareholders would be subject to corporate - level tax and all of its distributions from earnings and profits (including from net long - term capital gains) would be taxable to shareholders as ordinary income.

^ The Fund's investment adviser, SSGA Funds Management, Inc. (the «Adviser» or «SSGA FM»), is contractually obligated until December 31, 2018 (i) to waive up to the full amount of the advisory fee payable by the Fund, and / or (ii) to reimburse the Fund to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees and expenses, and distribution, shareholder servicing and sub-transfer agency fees) exceed 0.85 % of average daily net assets on an annual basis.

As complexity in the ETF landscape rises, so too has the number of ETFs making taxable distributions to their shareholders.

1The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until May 1, 2019 to waive its management fee and / or to reimburse the Fund for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees and any class specific expenses such as Distribution, Shareholder Servicing, Administration, and Sub-Transfer Agency Fees, as measured on an annualized basis) exceed 0.07 % of average daily net assets on an annual basis.

Operation margins are 15 %, the business returns 22 % of revenue to shareholders via distributions and buybacks, and the enterprise value to EBITA is a scant 12.1.

This year, more than 20 issuers are making year - end capital gains distributions to shareholders, impacting at least 146 ETFs, or 7 % of the total ETF marketplace.

^ The Fund's investment adviser, SSGA Funds Management, Inc. is contractually obligated until April 30, 2019 (i) to waive up to the full amount of the advisory fee payable by the Fund, and / or (ii) to reimburse the Fund for expenses to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees, and any class - specific expenses, such as distribution, shareholder servicing, sub-transfer agency and administration fees) exceed 0.01 % of average daily net assets on an annual basis.

^ The Fund's investment adviser is contractually obligated until April 30, 2019 (i) to waive up to the full amount of the advisory fee payable by the Fund and / or (ii) to reimburse the Fund to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, and distribution, shareholder servicing, and sub-transfer agency fees) exceed 0.13 % of average daily net assets on an annual basis.

NHF shareholders should consult their tax advisors with respect to U.S. federal, state, local and foreign tax consequences of the distribution, including, without limitation, the potential imposition of withholding taxes on the distribution of NXRT common stock.

The SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities while the distribution rate reflects the fund's past dividends paid to shareholders.

NHF completed the spin - off through a pro-rata taxable distribution of NXRT common stock to NHF shareholders of record as of the close of business on March 23, 2015 (the «Record Date»).

An accountant can also help you find ways to make the most of deductions, shareholder distributions, and other tax breaks that will help you find the cash to pay yourself.

As of June 7, 2017, immediately following the consummation of the Stock Sale and the distribution of the Stock Dividend, the Company held 316,993 shares, representing 4.26 % of the issued and outstanding shares of common stock of Croe, and the shareholders of the Company, collectively, held 10,918,007 shares, representing 94.40 % of the issued and outstanding shares of common stock of Croe.

An internal review of management behavior at the healthcare company over opioid distribution prompted by complaints from shareholder International Brotherhood of Teamsters gives company officials a clean bill of health.

Under the text that they adopted, the «ex-ante» vote would only be required to take place at least every four years rather than annually, with shareholders voting on a special board report setting out the principles and criteria of determination, distribution and allocation of pay components.

For a fund that elects to pass through its foreign taxes paid (a non-cash item), a shareholders allotted share of foreign taxes has been added to the Ordinary Dividend cash distributions received by the shareholder.

For example, token holders may be given shareholders» rights, such as the right to receive dividends and the right to participate in the distribution of the corporation's surplus assets upon winding up.

With each distribution that does not consist solely of net investment income, the fund will issue a notice to shareholders and an accompanying press release which will provide detailed information regarding the amount and estimated composition of the distribution and other related information.

Shareholders» meetings: Hong Kong and overseas investors are holding SSE securities traded via Shanghai - Hong Kong Stock Connect through their brokers or custodians while HKSCC is providing them nominee services such as distribution of shareholders» meeting notices, consolidation and submission of voting instrucShareholders» meetings: Hong Kong and overseas investors are holding SSE securities traded via Shanghai - Hong Kong Stock Connect through their brokers or custodians while HKSCC is providing them nominee services such as distribution of shareholders» meeting notices, consolidation and submission of voting instrucshareholders» meeting notices, consolidation and submission of voting instructions, etc..

Each fund hereby designates its distribution of a long - term capital gain dividend to its shareholders under Internal Revenue Code Section 852 (b)(3).

And that is a nightmare scenario because the primary corporate objective of the typical Vancouver promoter lies not in the realm of a new gold discovery or near - term cash flow or added reserves, but rather in the novel concept of «distribution» and by that I don't refer to the «distribution» of profits to shareholders by way of dividends but rather the distribution of the one - cent paper they manufactured when they put the shell together.

Marriott International has received a private letter ruling from the Internal Revenue Service and an opinion of tax counsel confirming that the distribution of shares of Marriott Vacations Worldwide common stock will qualify as a tax - free distribution to Marriott International shareholders.

The spin - off will be completed through a pro rata dividend of Marriott Vacations Worldwide common stock on Monday, November 21, 2011 (the «distribution date») to Marriott International shareholders of record as of the close of business of the New York Stock Exchange on Thursday, November 10, 2011 (the «record date»).

On the distribution date each Marriott International shareholder will receive one share of Marriott Vacations Worldwide common stock for every ten shares of Marriott International Class A common stock held by such shareholder on the record date.

Marriott International said it anticipates the receipt of an IRS private - letter tax ruling in September, confirming that the distribution of shares of Marriott Vacations Worldwide common stock will not result in the recognition, for U.S. federal income tax purposes, of income, gain or loss by Marriott International or Marriott International shareholders, except, in the case of Marriott International shareholders, for cash received in lieu of fractional shares.

An Information Statement containing details regarding the distribution of the Marriott Vacations Worldwide common stock and its business and management following the spin - off will be mailed to Marriott International shareholders prior to the distribution date.

Year End Distributions Each year at this time we give shareholders an indication of the level of income and capital gains that we believe will be distributed at the end of the year.

If any Shares remain outstanding after the date of termination, the Trustee thereafter shall discontinue the registration of transfers of Shares, shall not make any distributions to Shareholders, and shall not give any further notices or perform any further acts under the Trust Agreement, except that the Trustee will continue to collect distributions pertaining to Trust assets and hold the same uninvested and without liability for interest, pay the Trust's expenses and sell Bitcoins as necessary to meet those expenses and will continue to deliver Trust assets, together with any distributions received with respect thereto and the net proceeds of the sale of any other property, in exchange for Shares surrendered to the Trustee (after deducting or upon payment of, in each case, the fee to the Trustee for the surrender of Shares, any expenses for the account of the Shareholders in accordance with the terms and conditions of the Trust Agreement, and any applicable taxes or other governmental charges).

The proceeds will be used to reduce debt, with the balance of about $ 300 million available for investment it its consumer business and possible distribution to shareholders, it said.

Net Earnings for 2013 topped $ 111 million with $ 37 million in cash dividends distributed to shareholders SANTA ROSA, CA (March 2014)-- American AgCredit, a farmer - owned financial cooperative, today announced annual net income of $ 111 million for the 2013 calendar year along with a cash dividend distribution of $ 37 million to its shareholders.

The ADM - Graincorp deal is one of a series of difficult foreign investment decisions facing Mr Hockey in the coming months, including State Grid Corporation of China's $ 7.5 billion acquisition of Singapore Power's energy distribution assets and Yancoal's proposal to buy out minority shareholders.

Shareholders receive 10 distributions of high - quality, sustainably - grown vegetables from our farm.

At each distribution we aim to provide our shareholders with 8 - 18 different crops, filling the weekly vegetable needs of a family of four, or 2 - 4 adults, depending on how often you cook and how central vegetables are to your diet.

Given their goal of increasing shareholder value, it is important to consider the true purpose of the distribution of such «gifts».

Public health responses to this outbreak consisted of notifying shareholders about the outbreak on three occasions and requiring the dairy to provide additional written notification about the outbreak at milk distribution points.

Too often the interests of shareholders and senior managers have taken priority and too often the result has been excessive pay awards at the top and too little distribution at the bottom.

«Your board is committed to continuing to make progress in realigning distribution of income and profits in favour of shareholders as returns improve.»

With the current low tax rates applied to qualified dividends received on or before December 31, 2010, and the possibility of these rates being increased sooner under an Obama presidency, it is critically important for both C and S corporations (and their shareholders) to understand the ordering rules and tax ramifications of corporate distributions fully — before they are made.