Sentences with phrase «preferred shares right»

Someone pursuing dividends at the expense of all else would have bought Nortel preferred shares right into the ground.

In some cases, a lower valuation with lower preferred share rights may yield a higher economic outcome for common shareholders than a higher valuation with a high level of preferred share rights.

Preferred share deals can be complex and founders / management must calculate and consider the potential impact of the preferred share rights in combination with the price per share (valuation).

Not exact matches

If that's not aggressive enough for your tastes, you could always make the governments provincial issues, and the corporates preferred shares, in which case I advocate straight preferreds over floating rate issues right now.

In addition, our certificate of incorporation will authorize shares of undesignated preferred stock, the rights, preferences and privileges of which may be designated from time to time by our board of directors.

These shares usually have less voting rights than the Class A Shares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most voting rights and when they are issued to the sharehoshares usually have less voting rights than the Class A Shares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most voting rights and when they are issued to the sharehoShares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most voting rights and when they are issued to the sharehoshares has the most voting rights and when they are issued to the shareholders.

As of September 30, 2014, the holders of 52,132,350 shares of our common stock, including our common stock issuable in connection with the automatic conversion of all outstanding shares of our convertible preferred stock into shares of our common stock and the holder of a warrant to purchase 6,500,000 shares of our common stock, are entitled to rights with respect to the registration of their shares following this offering under the Securities Act.

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).

[11] Indeed, contrary to present practice, most preferred shares had voting rights equal to those of the common shares.

This can be expressed as a multiple to the investment amount (2X or 3X, for example), or as a «double - dip» — the investor's right to get their money back, plus an amount equal to the as - if - converted value (that is, the amount the investor would receive on liquidation had they converted their preferred shares to common shares).

These investors require additional upside potential as well as downside protection from the rights of the preferred shares in exchange for the high degree of investment risk.

In particular, it became increasingly common to give preferred shares voting rights only in the event of certain contingencies (such as non-payment of dividends).

Given the absence of a public trading market of our common stock, and in accordance with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.

Of course, preferred shares can also include any of the other rights described above (voting rights, for example).

Goldman had the right to buy the preferred shares back at a penalty, which it did in March 2011, paying Buffet $ 5.64 billion (consisting of the principal, a $ 500 million prepayment penalty plus $ 140 million in dividends due for 2011).

Do you need to deal with reg rights (with respect to the underlying preferred shares) at the time of issuance of the convertible notes, or do the convertible note investors simply get (upon conversion) whatever reg rights are granted at the time of the issuance of the preferred?

The number of shares is constant - they are exchanged on a one for one basis - but the angel also has the right to have the superior terms attached to the preferred shares if he elects to exchange his shares.

For more on the growing interest in preferred shares, check out Pat Chiefalo's recent blog, How to seek income with ETFs right now

Now the angel investor would have the right to convert his 200,000 exchangeable shares into 200,000 series A preferreds if he chooses to.

In exchange for providing funding most VC firms obtain majority voting rights by having the majority of the shares (or a preferred class of shares that are senior to common shares), as well as special veto rights.

In the middle of that crowd — which likely would have included more than a fair share of holy or influential or important or preferred or religious people — Jesus heads right for that tree and calls out to that guy — the one who is a social and religious outcast, ridiculously perched up in the branches — to come on down because Jesus wants to go to that guy's house for supper.

Students who know nothing of football are responding in a bit of disbelief when I share some of the recent club decisions (or lack of decisions if you prefer), one fellow actually said «no way, you're making this up, right?».

Primarily, Alabama prefers to award custody to both parents, encouraging them to share the responsibilities and rights associated with raising a child.

There are parents who have their baby share a room with them and parents who prefer the baby has their own room right off the bat.

Judges in Kansas generally prefer to award joint custody, which allows both parents to share the rights and responsibilities of raising a child.

It knows — from watching humans play, and because Satz told it so — that most players prefer to have strength on their right sides rather than their left (perhaps an effect of our species» dominant right - handedness, a quirk computers do not share).

The firms will have the right to require eHarmony to buy back their preferred shares in four quarterly installments.

And did we mention that Colin also has some serious daddy issues in the form of Rayne Pryce (Peter Fonda), a storied civil rights - era mayor who weathered his own share of scandals with his Teflon bayou charm (but always preferred the roar of the crowd to the company of his own family)?

In particular, our preferred model finds that a ten percentage point increase in private share of schooling enrollment within a nation, over time, is associated with a 7.4 % of a standard deviation increase in the Political Rights Index and an 8 % of a standard deviation increase in the Economic Freedom of the World Index.

For more on the growing interest in preferred shares, check out Pat Chiefalo's recent blog, How to seek income with ETFs right now

In your case, you suggested having a non-cumulative preferred share [with no voting rights, but that doesn't impact dividend payment]:

One alternative worth considering right now is the preferred share ETF.

They are similar to regular (common) stock shares, although preferred shares normally don't have voting rights at stockholder's meetings.

Parity Parity price Participating preferred stock Participating (semi-fixed) Trusts Partnership Par value Passive income Pass - through security Payment date P / E ratio Penny stocks PHA Bonds Phantom income Pink sheets Placement Ratio Plan completion life insurance PN Point Portfolio income Position limits Positions book Pot Power of attorney Pre-dispute arbitration clause Preemptive right Preferred stock Preliminary prospectus Preliminary study Preliminary statement Premium Pre-refunding Pre-sale order Price to Earnings ratio Primary distribution Primary market Prime rate Principal Principal stockholder Principal transactions Private placement Private placement memorandum Private securities transaction Proceeds sale Production purchase program Profile Profit - sharing plans Program trading Progressive tax Project note Prospectus Prospectus delivery period Proxy Prudent Man Rule Public float value Public Housing Authority Bonds Public Offering Public offering price Purchaser's representative Put bond Put option Put spread

Rate - reset preferred shares are permanent capital with limited rights for the owners, meaning holders can do nothing to demand the return of their original investment.

But if you're right then be sure you have a good amount of preferred shares since they benefit from rising interest rates given the high percentage of fixed resets in the Canadian preferred share market.

Conversely, preferred shares do not usually provide the right to vote.

Preferred stock generally pays higher dividends, which must be paid in full before common stock holders can receive theirs; the trade - off is that preferred shares lack voting rights.

In «A great time to buy preferred shares» below I discuss why they may appeal to certain investors right now.

A clause in a bond or preferred share agreement that allows the issuer the right to «call back» the securities prior to maturity.

Keep the high expense ratios in mind as you determine if preferred share ETFs are right for your portfolio.

On the other hand, common shares come with the right to vote on corporate matters, a feature that preferreds lack.

Some preferred shares may be callable, meaning the company has the right to buy the stock back whether you like it or not.

The equity securities in which the Fairholme Fund may invest include common and preferred stock (including convertible preferred stock), partnership interests, business trust shares, interests in real estate investment trusts («REITs»), rights and warrants to subscribe for the purchase of equity securities, and depository receipts.

Then, once you're plotted out your portfolio in broad strokes, you need to buy the right bonds, dividend stocks, preferred shares and annuities.

Preferred stock may offer features such as the right to redeem your shares at certain times or to convert your shares to common shares at a certain price — known as convertible preferred shares.

The trick is to get the right balance between the various income - oriented investments out there — including bonds, dividend stocks, preferred shares and annuities.

Right now, Rick says that 50 % of his investments are in exchange - traded funds (ETFs) invested in Canadian dividend - paying shares, preferred shares and Canadian income trusts in a non-registered account.

These kinds of shares generally carry a fixed dividend that needs to be paid out before the company can distribute any dividends to common shareholders, and preferred stock usually has no voting rights.

One thing lowering prices on shares with better voting rights is that there's usually a much lower amount of them in circulation, leading to them being harder to trade, leading people to prefer voteless shares.