Sentences with phrase «of shareholder rights»

It was therefore that the European Commission in April 2014 presented a proposal for the revision of the Shareholder Rights Directive.

The answer will depend much on what the status of the officer really is, whether he has an employment agreement and whether the by - laws of the entity allow for the termination of shareholder rights under certain circumstances.

In Pulse Data the ASC declined to exercise its public interest jurisdiction to cease trade a shareholder rights plan, primarily because a large majority of the shareholders of the issuer had voted to adopt the plan at a time where the take - over bid was pending with full disclosure of the implications of the shareholder rights plan.

In addition, the common and Class A common shares were part of a shareholder rights plan, also known as a «poison pill.»

The potential stifling of shareholder rights is particularly concerning in the context of the growing trend of active stewardship across the U.S. market.

On the one hand, in some respects the rule is more restrictive of shareholder rights than is the state law it supposedly effectuates.

Mr. Lewis is the director of the Shareholder Rights Group http://shareholderrightsgroup.com and was co-author of «Fooling Investors and Fooling Themselves: How Aggressive Corporate Accounting and Asset Management Tactics Can Lead to Environmental Accounting Fraud.»

So, for example, it might seem logical to give the majority of shareholders the right to decide whether new shares should be issued... but what happens if one shareholder has 51 % of the capital and the vote is to him alone?

Not exact matches

Warren Buffett «s Berkshire Hathaway Inc. (brk - a) has become Bank of America Corp's (bac) largest shareholder by exercising its right to acquire 700 million shares at a steep discount, more than tripling an investment it made six years ago.

«The Newell Board recognizes the importance of having the right mix of skills, expertise and experience and is committed to continuously reviewing its capabilities and ongoing refreshment on behalf of shareholders,» it said in a statement.

Shareholders have the right to determine the fate of the company even if it is to close its doors but governments should not interfere.

Sounds like a sweet deal, especially if you're a shareholder in one of these corporations, right?

Benchmark's lawsuit is a transparent attempt to deprive Travis Kalanick of his rights as a founder and shareholder and to silence his voice regarding the management of the company he helped create.

In her memory, we devote our actions to a just cause; to defend what is right and to protect the interest of not only shareholders but most importantly the far more important stakeholders of employees, drivers and customers whose lives have been forever altered by the abiding faith and fervent hard work of Travis Kalanick and the Uber team.

«We do believe the current governance structure, with Jamie Dimon serving as both chairman and CEO, and an independent minded board, has served the shareholders well and is right for the company at this time,» said Lee Raymond, JPMorgan Chase's presiding director and the former CEO of Exxon Mobil.

Jia said he had asked his wife, Gan Wei, and brother to represent him at Leshi Internet Information & Technology Corp in exercising shareholder rights and handling the sale of assets.

In March last year, the company assembled Transparent Management Committee, an organization designed to protect shareholder rights in its board of directors, appointing an outside director responsible for protecting shareholder rights.

So in periods of economic uncertainty — like right now — companies choose to give cash to shareholders instead.

«Goldilocks Investment Company Ltd has filed legal action today in light of the continuing refusal by Noble Group Ltd to recognize legitimate legal rights of Goldilocks as a shareholder of Noble,» the investment fund, which holds an 8.1 percent stake in Singapore - listed Noble said in a statement.

«Today's action by the board was the culmination of a blatant bait and switch, essentially robbing loyal employees, including the more than 200 early founding Uber employees and advisors, of their hard earned shareholder rights worth billions in value,» they said.

Buffett is right that, for most of his stock - picking history, shareholders have likely been better off leaving their money in his care rather than siphoning the cash into their own accounts by way of dividends: Since 1965, Berkshire Hathaway stock has delivered annualized returns of nearly 21 %, more than double the S&P 500.

This means that with the purchase of stock must come the same economic rights, such as receiving dividends or compensation in the event of liquidation at the same time and in the same amount per share as all other shareholders.

Voting rights may differ amongst the shareholders without being considered a sign of the possession of different classes of stock.

At the conclusion of his four - month trial in 2007, prosecutors sought to convict on two alternative theories: one, that defendants actually stolen money from the company or; two, that by failing to disclose these payments, they'd deprived shareholders of their intangible right to honest services.

But with the shareholder rights plan quashed, Rio Tinto boosted its stake to 51 % earlier this year, killing the chances of a big payday.

Has there been any agreement that solving these problems is important, not simply because of headline risk, or for the purpose of preserving shareholder value, but because it's the right thing to do?

FORTUNE — We've seen companies like News Corp (NWS), Blackstone (BX), and LinkedIn (lnkd) chip away at shareholder rights by limiting the voting rights of shareholders.

«It is entirely possible for companies not to have a PSC (person of significant control), For example, 4 shareholders with 25 % of the shares each, and 25 percent of the voting rights, none of them is a PSC.»

Because the founders currently hold majority - voting rights, the plan does not require that shareholders give their consent to the dilution of their future voting power.

The health of capitalism itself depends on basic shareholder rights and money managers should be willing to fight for those rights.

Exxon has argued against all the other shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the environmental, social and economic challenges associated with the oil sands»; a report of «known and potential environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»

We believe in one share one vote as a fundamental right of shareholders,» says Ann Yerger, the council's executive director.

Turner says he'd also give shareholders the right to annually vote on the appointment of auditors selected by the audit committee.

The actions at Google, Facebook and Carlyle all fly in the face of sections two and three of those principles, which describe the rights of shareholders.

The legendary founder of the Vanguard Group sounds off on treating shareholders right, inflated CEO paychecks, and what the fund industry needs to do next.

The rights of minority shareholders are critical to corporate governance.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters, including claims of investor and stockholder fraud, shareholder derivative suits, and securities class actions.

If this oath indeed would be implemented, then the resulting erosion of shareholder property rights would prevent the development of capital markets and undermine economic growth.

· Shareholders: Get a list of all shareholders or partners, including any special rights, stock - transfer restrictions, and pledges that exist against either asseShareholders: Get a list of all shareholders or partners, including any special rights, stock - transfer restrictions, and pledges that exist against either asseshareholders or partners, including any special rights, stock - transfer restrictions, and pledges that exist against either assets or stock.

Now, from the perspective of the chief shareholder, the right response to this should be, «Who cares?»

This win came alongside support for a range of other shareholder rights resolutions.

While no new directors have been nominated, shareholders who've owned 3 % or more of the company's outstanding shares continuously for three years did win the right — widely known as proxy access — to nominate board directors at this year's annual meeting.

Flaherty supports the proposal, arguing in an April letter to his G20 counterparts that embedded contingent capital would «force the costs of excessive risk - taking to be removed from taxpayers and placed on to the right people — shareholders and subordinated debt holders — thus improving market discipline.»

This would include efforts at the earliest practicable time toward encouragement and negotiation with Class B shareholders to request that they relinquish, for the common good of all shareholders, any preexisting rights.

It also impacts the control of the deal, as it reshuffles the future preferred shareholder base by insuring only the committed investors continue to have preferred stock (and the corresponding rights).

Yahoo and another large shareholder, SoftBank, agreed to reduce their voting rights to 49.9 percent, even though the two combined still own more than half of Alibaba.

In no case, except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders, will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award, or (4) take any other action that is treated as a repricing under U.S. generally accepted accounting principles.

As of November 1, 2014, Institutional Shareholder Services (ISS), which rates companies on risk, gave our company a 10, its highest risk category, for shareholder rights and coShareholder Services (ISS), which rates companies on risk, gave our company a 10, its highest risk category, for shareholder rights and coshareholder rights and compensation.

First rule of business ethics is protect the business stength to maximize shareholder value, which you are compromizing right away before the company even lauches a scale play.

The performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on invested