«10 - Percent Stockholder» means an individual who owns more than 10 % of the total combined voting power of all classes of
outstanding stock of the Company or of its parent corporation or subsidiary corporation (as defined in Code Sections 424 (e) and (f)-RRB-.
less than 20 % of the issued and
outstanding stock of the company held by pro-groups at the time of listing
Not exact matches
That amounts to about 1.2 %
of all shares
outstanding, which could be worth more than $ 300 million if the
company is valued at $ 25 billion (its last reported private valuation) when it goes public — and a lot more than that over time if the
stock goes up.
Employee
stock - option programs are typically authorized by a
company's board
of directors (and have historically been approved by the shareholders) and give the
company discretion to award options to employees equal to a certain percentage
of the
company's shares
outstanding.
The math on
stock buybacks is pretty simple: by repurchasing your own
company's
stock in the market you reduce the number
of shares
outstanding, thereby increasing your earnings per share by cutting your denominator (earnings per share is calculated by dividing income by shares
outstanding).
As
of September 26, 2015, an additional 179,211 shares
of Apple's common
stock were subject to
outstanding stock options assumed in connection with acquisitions
of other
companies (with a weighted - average exercise price
of $ 6.17 per share).
Echelon is now focusing its growth on «smart» commercial & municipal LED lighting (although its fab-less chip business has apparently now stabilized after a long decline), and if the lighting business accelerates (and it could, due to recent sales force hires and new products), I think there's a chance it can hit a break - even annualized revenue run - rate
of $ 40 million by Q4 - 2019 (pushed back from my earlier hoped - for timeline) at which point — assuming $ 14 million
of remaining net cash (vs. an estimated $ 18 million at the end
of Q2 2018) and 4.7 million shares
outstanding (vs 4.52 million today), an enterprise value
of 1x revenue on this 53 % gross margin
company would put the
stock in the mid - $ 11s per share.
With virtually identical market capitalization (the price it would take to buy all shares
of a
company's
outstanding common
stock at the current market value), what exactly is an investor in each respective firm getting for his or her money?
The following may be true
of a potential takeover: • the
company has fewer than 50 million shares
outstanding; • management is dominated by persons near retirement age; • management's record on innovations and improving returns has been poor; • the
company owns assets whose market values are potentially higher than those shown on the balance sheet; • outside investors have been steadily buying the
stock.
DALLAS, April 4, 2018 / PRNewswire / — NexPoint Capital, Inc. (the «
Company»), a non-traded publicly registered business development company and affiliate of Highland Capital Management, L.P., today announced the expiration and final results for its tender offer (the «Tender Offer») for up to 2.5 % of its outstanding common stock («Shares») at a price of $ 9.89 per Share (an amount equal to the price at which Shares were issued pursuant to
Company»), a non-traded publicly registered business development
company and affiliate of Highland Capital Management, L.P., today announced the expiration and final results for its tender offer (the «Tender Offer») for up to 2.5 % of its outstanding common stock («Shares») at a price of $ 9.89 per Share (an amount equal to the price at which Shares were issued pursuant to
company and affiliate
of Highland Capital Management, L.P., today announced the expiration and final results for its tender offer (the «Tender Offer») for up to 2.5 %
of its
outstanding common
stock («Shares») at a price
of $ 9.89 per Share (an amount equal to the price at which Shares were issued pursuant to the...
(l) Except as otherwise set forth in Schedule 2.7 (l)
of the Disclosure Schedule, (i) the
Company is not and will not be obligated to pay separation, severance, termination or similar benefits as a result
of any
of the transactions contemplated by this Agreement, nor will any such transactions accelerate the time
of payment or vesting, or increase the amount,
of any benefit or other compensation due to any individual; and (ii) the transactions contemplated by this Agreement will not cause the
Company to record additional compensation expense on its income statements with respect to any
outstanding Stock Option or other equity - based award.
Zillow Group purchased all
of Trulia's
outstanding stock, but did not acquire any
of Trulia's assets or succeed to Trulia's rights and obligations under its contracts, the
company maintains.
Upon the consummation
of the initial public offering contemplated by the
Company, all
of the
outstanding shares
of convertible preferred
stock will automatically convert into shares
of common
stock.
First, the
stocks of companies with hundreds
of millions
of shares
outstanding are harder to move than those
of companies with fewer shares
outstanding.
Upon the consummation
of the initial public offering contemplated by the
Company, all
of the
outstanding shares
of convertible preferred
stock will automatically convert into shares
of Class B common
stock.
In August 2006, the
Company completed a two - for - one
stock split, which doubled the number
of common shares
outstanding.
Arbitrageurs, who typically make short - term bets around the outcomes
of deals and other major transactions, own roughly 350 million shares or 20 percent
of the
company's
outstanding stock, one
of the investors estimated.
On December 31, 2009, the
Company had 5.18 billion
outstanding shares
of common
stock, and approximately 734 million shares reserved for issuance for
outstanding convertible preferred
stock, the warrant issued in connection with the TARP CPP investment, dividend reinvestment, deferred compensation plans, long - term incentive compensation awards, and in connection with employee benefit plans.
Earnings per share (EPS) is the portion
of a
company's profit allocated to each
outstanding share
of common
stock.
Marriott Vacations Worldwide Corporation (NYSE: VAC)(«MVW» or the «
Company») and ILG (Nasdaq: ILG) today announced that they have entered into a definitive agreement under which MVW will acquire all
of the
outstanding shares
of ILG in a cash and
stock transaction with an implied equity value
of approximately $ 4.7 billion.
ORLANDO, Fla. and MIAMI — April 30, 2018 — Marriott Vacations Worldwide Corporation (NYSE: VAC)(«MVW» or the «
Company») and ILG (Nasdaq: ILG) today announced that they have entered into a definitive agreement under which MVW will acquire all
of the
outstanding shares
of ILG in a cash and
stock transaction with an implied equity value
of approximately $ 4.7 billion.
DALLAS, March 2, 2018 / PRNewswire / — NexPoint Capital, Inc. (the «
Company»), a non-traded publicly registered business development company and affiliate of Highland Capital Management, L.P., today announced that it will commence a voluntary tender offer on or about March 2, 2018 (the «Tender Offer») for up to 2.5 % of its outstanding common stock («Shares&r
Company»), a non-traded publicly registered business development
company and affiliate of Highland Capital Management, L.P., today announced that it will commence a voluntary tender offer on or about March 2, 2018 (the «Tender Offer») for up to 2.5 % of its outstanding common stock («Shares&r
company and affiliate
of Highland Capital Management, L.P., today announced that it will commence a voluntary tender offer on or about March 2, 2018 (the «Tender Offer») for up to 2.5 %
of its
outstanding common
stock («Shares»).
Earnings per Share (EPS) is the portion
of a
company's profit allocated to each
outstanding share
of common
stock.
DALLAS, Jan. 3, 2018 / PRNewswire / — NexPoint Capital, Inc. (the «
Company»), a non-traded publicly registered business development company and affiliate of Highland Capital Management, L.P., today announced the expiration and final results for its tender offer (the «Tender Offer») for up to 2.5 % of its outstanding common stock («Shares») at a price equal to 90 % of the offering price per Share in effect on the Expiration
Company»), a non-traded publicly registered business development
company and affiliate of Highland Capital Management, L.P., today announced the expiration and final results for its tender offer (the «Tender Offer») for up to 2.5 % of its outstanding common stock («Shares») at a price equal to 90 % of the offering price per Share in effect on the Expiration
company and affiliate
of Highland Capital Management, L.P., today announced the expiration and final results for its tender offer (the «Tender Offer») for up to 2.5 %
of its
outstanding common
stock («Shares») at a price equal to 90 %
of the offering price per Share in effect on the Expiration Date...
On July 23, 2014, we entered into an Amended and Restated Investors» Rights Agreement, or IRA, with certain holders
of our common
stock and the holders
of our
outstanding convertible preferred
stock, including Yahoo!, Teradata, entities affiliated with Benchmark and Index Ventures and Hewlett - Packard
Company, which each hold more than five percent
of our
outstanding capital
stock.
Announced a 5 million share increase to their buyback program, bringing their total authorized buyback plan to 10 million shares which will retire about 10 %
of the
company's
outstanding stock if fully executed.
(5) Except in connection with a corporate transaction involving the
Company (including, without limitation, any
stock dividend,
stock split, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split - up, spin - off, combination, or exchange
of shares), the terms
of outstanding awards may not be amended to reduce the exercise price
of outstanding Options or
stock appreciation rights or cancel
outstanding Options or
stock appreciation rights in exchange for cash, other awards or Options or
stock appreciation rights with an exercise price that is less than the exercise price
of the original Options or
stock appreciation rights without stockholder approval.
Conversion Rights — All convertible preferred
stock will be automatically converted into common
stock upon (i) the closing
of an underwritten public offering
of shares
of common
stock of the
Company at a public offering price per share that provides at least $ 100 million in aggregate gross proceeds or (ii) approval
of at least (a) holders
of 66 %
of the Series A convertible preferred
stock, voting as a single class on an as - converted basis; (b) holders
of a majority
of the Series B convertible preferred
stock, voting as a single class on an as - converted basis; (c) holders
of a majority
of the Series D convertible preferred
stock, voting as a single class on an as - converted basis; and (d) the holders
of at least a majority
of the then
outstanding shares
of convertible preferred
stock (voting together as a single class and not a separate series, and on an as - converted basis).
In addition, the
company announced that its Board
of Directors has authorized a share repurchase program under which the
company may repurchase up to 3,500,000 shares
of its
outstanding common
stock.
PITTSBURGH & CHICAGO --(BUSINESS WIRE)-- The Kraft Heinz
Company (NASDAQ: KHC)(«Kraft Heinz») has been notified
of an unsolicited «mini-tender» offer by TRC Capital Corporation («TRC») to purchase up to 1.5 million shares
of Kraft Heinz common
stock, representing approximately 0.12 percent
of Kraft Heinz's shares
of common
stock outstanding.
* ARCONIC INC - DECLARED DIVIDEND
OF 6 CENTS PER SHARE ON
OUTSTANDING COMMON
STOCK OF COMPANY Source text for Eikon: Further company co
COMPANY Source text for Eikon: Further
company co
company coverage:
House Financial Services Chairman Jeb Hensarling (R - Texas) wants to require anyone seeking to put a proposal on the corporate ballot to hold a minimum
of 1 percent
of a
company's
outstanding stock for three years.
The largest segment
of the
stock market (measured by market capitalization — share price times number
of shares
outstanding) consists
of large, well - established
companies.
Under the 2017 Plan, a change in control is defined to include (1) the acquisition by any person or
company of more than 50 %
of the combined voting power
of our then
outstanding stock, (2) a merger, consolidation, or similar transaction in which our stockholders immediately before the transaction do not own, directly or indirectly, more than 50 %
of the combined voting power
of the surviving entity (or the parent
of the surviving entity), (3) a sale, lease, exclusive license, or other disposition
of all or substantially all
of our assets other than to an entity more than 50 %
of the combined voting power
of which is owned by our stockholders, and (4) an unapproved change in the majority
of the board
of directors.
Earnings Per Share (EPS)-- The
company's profit divided by the average number
of outstanding shares, or shares currently in the market; gives you an idea
of the
stock's value
The unaudited pro forma information as
of March 31, 2015 presents the
Company's stockholders» equity as though all
of the
Company's redeemable convertible preferred
stock outstanding had automatically converted into shares
of common
stock upon the completion
of a qualifying initial public offering («IPO»)
of the
Company's common
stock.
Divide the
company value by the number
of shares
of common
stock outstanding to find the intrinsic value
of a share
of stock.
The committee had been notified by a group consisting
of members
of the Nordstrom family, including co-presidents Blake W. Nordstrom, Peter E. Nordstrom, and Erik B. Nordstrom, that the group intended to submit a proposal to purchase all
of the
outstanding shares
of common
stock of the
company not already owned by the group, and approximately 21 %
of the shares owned by the Nordstrom family members in the group, for $ 50 a share in cash, the
company said in a statement.
Upon closing
of the proposed transaction all
of the issued and
outstanding shares
of capital
stock of MoPub, and all equity awards to purchase shares
of MoPub common
stock held by individuals who will continue to provide service to the
Company, will be converted into the right to receive an aggregate
of 14.8 million shares
of the
Company's common
stock.
The following table shows the total number
of shares
of the
Company's common
stock that were subject to
outstanding restricted
stock unit awards granted under the 2003 Plan, that were subject to
outstanding stock options granted under the 2003 Plan, and that were then available for new award grants under the 2003 Plan as
of September 28, 2013 and as
of November 11, 2013.
As
of November 11, 2013, a total
of 20.873 million shares
of the
Company's common
stock were subject to all outstanding awards granted under the Company's equity compensation plans (including the shares then subject to outstanding awards under the 2003 Plan and the Director Plan, as well as outstanding awards assumed by the Company in connection with acquisitions, but exclusive of shares that employees may purchase under the Employee Stock Purchase Plan), of which 17.265 million shares were then subject to outstanding restricted stock unit awards and 3.608 million shares were then subject to outstanding stock opt
stock were subject to all
outstanding awards granted under the
Company's equity compensation plans (including the shares then subject to
outstanding awards under the 2003 Plan and the Director Plan, as well as
outstanding awards assumed by the
Company in connection with acquisitions, but exclusive
of shares that employees may purchase under the Employee
Stock Purchase Plan), of which 17.265 million shares were then subject to outstanding restricted stock unit awards and 3.608 million shares were then subject to outstanding stock opt
Stock Purchase Plan),
of which 17.265 million shares were then subject to
outstanding restricted
stock unit awards and 3.608 million shares were then subject to outstanding stock opt
stock unit awards and 3.608 million shares were then subject to
outstanding stock opt
stock options.
Consists
of (i) 566,920 shares held
of record by the Richard Costolo 2001 Living Trust dated February 8, 2001, for which Mr. Costolo serves as trustee, and the Lorin Costolo 2001 Living Trust dated February 8, 2001, for which Mr. Costolo's spouse serves as trustee, (ii) 6,749,688 shares issuable pursuant to
outstanding stock options held by Mr. Costolo which are exercisable within 60 days
of August 31, 2013 and (iii) 273,000 shares issuable pursuant to
outstanding stock options held by the Lorin Costolo 2012 Gift Trust, for which The Northern Trust
Company serves as trustee, which are exercisable within 60 days
of August 31, 2013.
On June 7, 2016, the
Company redeemed all
outstanding shares
of our Series A Preferred
Stock.
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
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
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
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
stock of Croe.
The purchase price per share in the tender offer represented an excess to the fair value
of the
Company's
outstanding common
stock and Series A through Series F convertible preferred
stock, as determined by the
Company's most recent valuation
of its capital
stock at time
of the transaction.
As
of September 28, 2013, a total
of 17.421 million shares
of the
Company's common
stock were subject to all
outstanding awards granted under the 2003 Plan and the Director Plan, as well as
outstanding awards assumed by the
Company in connection with acquisitions.
When interest rates rise from 5 % to 10 %, investors value the profits earned one year from now by the JayZ
company much less and are not willing to pay as much for the
outstanding share
of stock.
As long as PS Fund (along with any
of its Related Persons) does not otherwise engage in (or has not otherwise engaged in) conduct that would otherwise result in its becoming an Acquiring Person by becoming the Beneficial Owner
of 10 % or more
of the shares
of Common
Stock then
outstanding, PS Fund's solicitation and receipt
of one or more revocable proxies from the
Company's stockholders to be counted toward the number
of shares
of the
outstanding Common
Stock needed to cause a special meeting
of stockholders to be called pursuant to and in accordance with the Bylaws, which proxies are given to PS Fund in response to a public solicitation
of proxies made pursuant to, and in accordance with, Section 14 (a)
of the Exchnage Act by means
of a solicitation statement filed with the Commission on Schedule 15A, should not,
of itself, cause PS Fund to become an Acquiring Person.
Altice owns 70 percent
of the
company's issued and
outstanding common
stock, and controls 98 percent
of the voting rights.
Gelb also noted that this will make Berkshire the largest shareholder
of Bank
of America, owning about 7 %
of the
company's
outstanding stock.