Sentences with phrase «of shareholders who»

However it is grossly inappropriate in the context of a corporation where the board of directors is elected not to serve the interests of the shareholders who elected them, but to act in the best interests of the corporation.

In Nixon v. Trace, the British Columbia Court of Appeal considered how to value the shares of shareholders who had dissented from a transaction in which their company would sell substantially all of its assets.

What else would account for the present compensation scheme in which the majority of shareholders reward the minority of shareholders who «originate» firm business most handsomely?

A «hybrid meeting», however, may create a complimentary marriage of technology and shareholder meetings, which could encourage and expand participation of shareholders who are unable to attend in person.

100 % of shareholders who voted approved the scheme resulting in a new streamlined structure which is anticipated to be very attractive for new investors.

The proposed change will put restrictions on the voting ability of shareholders who exceed 20 % of the ownership in the company.

So much for my # 2.57 & 3.5 p price estimates... clearly, there's plenty of shareholders who are expecting something more like # 100 + for USOP!

Investment managers with a Graham value investing style work hard to attract the right sort of shareholders who won't panic and ask to redeem their interest in a fund at the worst possible time.

Family members of shareholders who have at least $ 250,000 invested in one of the Longleaf Partners Funds may open one or more accounts in the same Fund for a $ 5,000 initial investment.

The equity of the shareholders who do not hold controlling interest in a controlled company; 2.

Corporate directors are the elected representatives of shareholders who are responsible for overseeing management.

But the agreement to sell to General Mills has been approved by a group of shareholders who own more than 50 percent of Blue Buffalo's stock, and the transaction is expected to close by the end of 2018.

Elsewhere in governance, on Friday the Wall Street Journal endorsed Jamie Dimon's criticism of shareholders who lazily follow the voting recommendations of Institutional Shareholder Services and Glass Lewis, and Nicholas Donatiello and Harvey Pitt argued that the Securities and Exchange Commission should regulate proxy voting to reduce the influence, and conflicts of interest, of ISS and Glass Lewis.

Are they a way to preserve companies» ability to pursue long - term value in the face of shareholders who are overly focused on immediate returns?

The creditors of Atlas Iron have voted in favour of the iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next week.

Not exact matches

At Tuesday's shareholder meeting there was no dispute about backing Genish, who despite being a close ally of Vivendi, is...

On Thursday, Viacom CEO Philippe Dauman was named chairman — despite the public opposition of Shari Redstone, who happens to be Viacom's vice-chairman and daughter of ailing billionaire and controlling shareholder Sumner Redstone.

The only good news about the big guys is that there is another group of them (think AOL and Yahoo for starters) who are so lost, so behind the curve, and so desperate to deliver something for their shareholders that they are constantly running around and throwing money at the shiniest new things in a panic.

NEW YORK --(BUSINESS WIRE)-- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Celgene Corporation (NASDAQ: CELG) who purchased shares between September 12, 2016 and February 27, 2018.

So Viacom's new chairman is not only unloved by some large shareholders, but also unloved by his own vice-chairman, the daughter of the company's controlling shareholder and one of the people who will direct Redstone's assets after his death.

JPMorgan Chase Chief Executive Jamie Dimon, who won a strong vote of confidence from shareholders last month, on Tuesday defended the disclosures the bank made last year about its unfolding London Whale derivatives loss.

Inside GE's 125,000 - square foot showroom for 3D printing machinery, shareholders called for ouster of directors who served on the board as GE's performance declined.

While shareholders will receive only the slightest of premiums on their 12 - cent share price, the big winners are bondholders, who will recoup a greater share of their loans and not be saddled with stock in an operationally troubled and undercapitalized company.

The CEOs tend to be unassuming folk who ignore management trends to concentrate on the nuts and bolts of running a business — focusing on earnings per share instead of worrying about top - line growth, for example, and working to preserve cash flow instead of increasing earnings to build shareholder value.

Shareholders who held stock on the date of Bertolini's announcement and still hold it today have seen the value of their original stake more than double (compared with the more modest 34 % gain for the S&P 500 during the same period).

«You don't want to give the mom - and - pop shareholder who may not have seen the reports the ability to Google it,» Robertson says, speaking generally of how companies respond in such events.)

For business leaders, increasingly this means balancing two very different perspectives: shareholders who expect executives to deliver better short - term financial performance and stakeholders who want more attention paid to the longer - term human and environmental consequences of business.

Shareholders are starting to see the benefits of employee and customer satisfaction, and with the growing concern of environmental issues and social responsibilities, younger generations are backing companies who align with their interests.

«There's a lot of blame to go around,» says the shareholder, who requested anonymity as the firm has a policy not to comment publicly on its holdings.

But the only shareholders who can collect the rest of the money that the court deemed their shares were worth are those who voted against the deal, and Magnetar is the largest of just a few investors who did, according to The Wall Street Journal.

These types of companies do not pay federal taxes at the corporate tax rate, but rather pass along profits and losses to their shareholders — in many cases, the business owners themselves — who are then taxed at the individual rate.

So with one group of shareholders essentially writing a very large check to the government for all shareholders to reap the benefits of lower corporate income taxes in the future, it begs the question: Are the shareholders who are most at risk in an inversion scenario even aware of this disadvantage?

He was repeatedly grilled by a shareholder about what he saw is a misalignment of interests with the board and management who owned few shares in the company.

NEW YORK --(BUSINESS WIRE)-- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) who purchased shares between April 8, 2013 and July 17, 2017.

The person you're looking for, Richard, is Jack Stack of SRC Holdings (formerly Springfield Remanufacturing Corp.), who started the company in 1983 with 12 other managers as shareholders.

Pluton Resources is in the midst of a battle between creditors, with major shareholder General Nice Resources and secured creditor Rizhao Port Group Logistics fighting over who gets to appoint receivers to the iron ore miner.

In his annual letter to shareholders, Fink, who is also the CEO of BlackRock (blk), singled out the growing trend of negative interest rates as a «particularly worrying» development in the global economy.

In essence, boards need to adopt the perspective of owners who worry about not only today's shareholders but also future generations.

Williams's confidence may come from his predecessor, Rick George, who used periods of low oil prices to snap up assets, exploit economies of scale and accrue shareholder value.

The beverage giant taking harsh criticism from value fund Wintergreen Advisers, who sent letters to Coca - Cola shareholders, the Coca - Cola Board of Directors and Warren Buffett, detailing concerns with the company's proposed 2014 Equity Plan.

P.J.'s shares were put under control of trustees who along with the four children drafted a shareholders agreement.

There was a flurry of interest recently in a lawsuit launched by some Facebook shareholders, who apparently believe that they got the short end of the stick in the company's recent share restructuring.

Still, the 57 - year - old Dimon must grapple moving forward with a third of his shareholder base who are dissatisfied with him, the bank's board structure and its directors.

Complicating matters, billionaire investor Carl Icahn, who has amassed an 8.7 percent stake in Dell, is leading a charge with major shareholder Southeastern Asset Management against the buyout with an offer of his own.

Stanford University professor David Larcker, who directs the school's governance research program, says the case of Apple and Jobs's health has convinced more shareholders and institutions to demand that corporate boards establish detailed succession plans.

In other words, Dorsey's stake in the company was already publicly disclosed, so the amount of his options grant was already factored into the stock purchase decision of existing shareholders who had already bought the stock.

«Canada has left the impression that we'll sell anything,» says Dick Haskayne, a Potash Corp. shareholder who has served on 20 company boards, chairing six of them, including TransAlta and Nova Corp. «The world thinks buying Canadian companies is just a matter of price.

The proposed deal raised a number of red flags for shareholders and analysts who argued that it was simply a bailout of unprofitable SolarCity, not to mention a mess of conflicts of interest.

When interests between management and shareholders become adverse, even through the regular course of events, it's important for boards to have their own set of lawyers who are independent from management and seen as objective and willing to act in the interest of directors, not management, and ultimately shareholders.

They interpret and apply legislation and offer advice to a variety of constituencies — shareholders, directors, managers and other stakeholders — who have interdependent and even adverse interests in the well - being of the corporation.