Sentences with phrase «purchase shares of these banks»

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Though the IPO only gave Rovio half the market value the company had hoped for ($ 900 million ($ 1.1 billion) instead of its anticipated $ 2 billion), stock bounced back when a bank backing the IPO started purchasing shares to «stabilize» the price, according to Bloomberg.

Spooked by a sudden 19 % plunge in the Shanghai Composite Index, regulators halted initial public offerings, suspended trading in shares accounting for 40 % of market capitalization, forced state - owned brokers to promise to buy stocks until the index reached a higher level, mobilized state - controlled funds to purchase equities, and promised unlimited support from the central bank.

This Reinstatement Privilege does not apply to: (i) a purchase of Fund shares made through a regularly scheduled automatic investment plan such as a purchase by a regularly scheduled payroll deduction or transfer from a bank account, or (ii) a purchase of Fund shares with proceeds from the sale of Franklin Templeton fund shares that were held indirectly through a non-Franklin Templeton individual or employer sponsored IRA.

This lack of supply has coincided with strong demand — including among institutional investors who purchased large amounts of the Canadian bank's last round of attractively - priced preferred share issuance in December.

LLC, Deutsche Bank Securities Inc., and Merrill Lynch, Pierce, Fenner & Smith Incorporated are acting as representatives, will severally agree to purchase, and we and the selling stockholders will agree to sell to them, severally, the number of shares of Class A common stock indicated below:

The way I'd finance infrastructure is by sharply raising capital ratios across the banking system to ~ 20 - 25 % and using some of that capital to purchase shares in a newly created Federal Infrastructure Bank (FIB).

Subject to the terms and conditions of the underwriting agreement, the underwriters named below, through their representatives Barclays Capital Inc. and Deutsche Bank Securities Inc., have severally agreed to purchase from us the following respective number of shares of common stock at a public offering price less the underwriting discounts and commissions set forth on the cover of this prospectus:

2018.02.23 Royal Bank of Canada to repurchase up to 30 million of its common shares Royal Bank of Canada (the Bank)(«RY» on TSX and NYSE) today announced that the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions (OSFI) have approved its normal course issuer bid to purchase,...

2016.01.25 RBC commences tender offer to purchase certain outstanding Depositary Shares Royal Bank of Canada (RY on TSX and NYSE)(«RBC») today announced the commencement of a tender offer to purchase for cash all of its issued and outstanding Depositary Shares,...

Royal Bank of Canada («RY» on TSX and NYSE) today announced that the Toronto Stock Exchange has approved its normal course issuer bid to purchase, for cancellation, up to 20 million of its common shares...

2016.02.23 RBC announces final results of Depositary Shares tender offer Royal Bank of Canada (RY on TSX and NYSE)(«RBC») today announced the final results for its previously announced tender offer to purchase for cash all of its issued and outstanding Depositary Shares...

Swiss National Bank now owns 119,600 shares of the biopharmaceutical company's stock worth $ 3,729,000 after purchasing an additional 2,800 shares in the last quarter.

Margin lending by banks and brokers for the purchase of shares by individuals has been growing strongly.

Bank of America advised the buying consortium and will extend HK$ 28 billion ($ 3.60 billion) in acquisition financing to the group to help fund the share purchase.

The announcement has already eroded mortgage finance company shares and prompted forecasts of slipping mortgage growth at the banks, as well as fewer home purchases and a price cool - down.

This time, Pomerantz established the right of individual foreign investors who purchased foreign - traded shares of a foreign corporation to pursue claims for securities fraud in a U.S. court, thereby overcoming obstacles created by the U.S. Supreme Court's 2010 decision in Morrison v. Nat» l Australia Bank Ltd..

Note that Since March 2009 it is the policy of the ACSA (Australian Custodial Services Association) not to offer Share Purchase Plans Events (SPP) to underlying beneficial owner clients and thus Saxo Bank can not participate in such events.

SMFG issued no new shares in connection with the listing, but the ADR program will enable the Japanese bank to respond to merger and acquisition opportunities, such as the purchase of US banks.

I almost bought it until I realized I should probably seek approval from the person who shares the other half of the bank account because I'm fairly certain waking up to a purchase that costs almost as much as your monthly mortgage payment would be reason enough to initiate the Third World War.

However, under cross-examination, Ahmadu stated that, there were no financial transactions between him and the 3rd defendant, Mustapha Sule Lamido, aside the sale of his Prudent Bank (now Skye Bank) shares valued at a total of N5.8 million, and the purchase of a N2.4 million Honda Accord from the defendant.

Agbi, SAN, however picked hole in Ahmadu's two statements previously rendered to the EFCC on April 29, 2014 and August 4, 2015, where alleged that the shares sold were Inland Bank shares — totaling N10million, and the car purchased was at a sum of N2.5 million.

(hh) If the unencumbered amount of cumulative surplus revenue from tuition held by a charter school at the end of a fiscal year, less (i) the amount of the fourth quarter tuition payment, (ii) the amount held in reserve for the purchase or renovation of an academic facility pursuant to a capital plan, and (iii) any reserve funds held as security for bank loans, exceeds 20 per cent of its operating budget and its budgeted capital costs for the succeeding fiscal year as is reported in a capital plan to be submitted in the school's most recent annual report, the amount in excess of said 20 per cent shall be returned by the charter school to the sending district or districts and the state in proportion to their share of tuition paid during the fiscal year.

To avoid being hit by a tax bill, Keats suggests you give your kids the money in a bank account in Canada, then have them pay their share of the purchase price from that account.

When purchasing shares directly, you'll pay a commission of 6 cents per share plus a transaction fee of $ 2 for online bank debits and $ 5 for purchases by check.

Well with the Virginia 529 plan, if you used the same amount of money on a monthly basis, VA 529 would make four separate debits from your bank account of $ 100 each on the same day, and purchase shares in four separate accounts.

Of the stocks Mr. Buffett is investing, I also have shares in Bank of America and Procter & Gamble, purchased through DRIP programOf the stocks Mr. Buffett is investing, I also have shares in Bank of America and Procter & Gamble, purchased through DRIP programof America and Procter & Gamble, purchased through DRIP programs.

Overall, large banks» share of FHA - insured purchase - only home loans has dropped sharply since February.

Acquisition or refinancing the purchase of bank stock or bank holding company shares of a financial institution located in North Dakota.

When I first purchased Bank of America (BAC) shares through its direct stock purchase plan (DSPP) at ComputerShare more than four years ago, I was solely going after its dividend.

The bank likely earned $ 6.83 a share in fiscal 2015, but the GE purchase and the likelihood of higher interest rates should push up its 2016 earnings to $ 7.12 a share.

This Reinstatement Privilege does not apply to: (i) a purchase of Fund shares made through a regularly scheduled automatic investment plan such as a purchase by a regularly scheduled payroll deduction or transfer from a bank account, or (ii) a purchase of Fund shares with proceeds from the sale of Franklin Templeton fund shares that were held indirectly through a non-Franklin Templeton individual or employer sponsored IRA.

Four bank holding companies announced that they had redeemed all of the preferred shares that they had issued to the U.S. Treasury under the Capital Purchase Program of the Troubled Asset Relief Program (TARP).

If you believe there are cumulative quantity discount eligible shares that can be combined with your current purchase to achieve a sales charge breakpoint (for example, shares held in a different broker - dealer's brokerage account or with a bank or an investment advisor), it is your responsibility to specifically identify those shares to your financial advisor at the time of your purchase (including at the time of any future purchase).

a) the loan is free of interest; b) the minimum maturity period of the loan is seven years; c) The amount of loan is received by inward remittance in free foreign exchange through normal banking channels or by debit to the NRE / FCNR account of the non-resident lender; d) The loan is utilised for the borrower's personal purposes or for carrying on his normal business activity but not for carrying on agricultural / plantation activities, purchase of immovable property or shares / debentures / bonds issued by companies in India or for re-lending.

Today banks purchase bulk shares of a foreign company's stock.

Most online accounts will allow you to tell them the amount of money you want taken from a designated bank account to be used to purchase a designated amount of shares.

When a buyer purchases a company in the private market, he has to pay for the company equity (including common stock, preferred shares, minority interest, etc), he has to pay off all the debt, but in return the buyer gets the cash the company has in its bank accounts and other cash equivalents in form of securities and other liquid assets.

Applications will not be accepted unless they are accompanied by a check drawn on a U.S. bank, thrift institutions, or credit union in U.S. funds for the full amount of the shares to be purchased.

Payments to Broker - Dealers and Other Financial Intermediaries: If you purchase the Fund through a broker - dealer or other financial intermediary (such as a bank), the Fund and its related companies may pay the intermediary for the sale of Fund shares and related services.

If you purchase shares using a check and soon after request a redemption, your redemption proceeds will not be sent until the check used for your purchase has cleared your bank (usually within 10 days of the purchase date).

(Full disclosure, I have a significant portion of my assets in a large US bank that was trading well below the strike price of the warrants issued against its shares to Berkshire Hathaway at the time I purchased the shares, which bank shall remain nameless).

Davis Polk advised the joint book - running managers in connection with the $ 124.8 million initial public offering of 3,565,000 shares of common stock of Metropolitan Bank Holding Corp., which includes the full exercise of the underwriters» option to purchase additional shares.

Julian Wilson's appearances in commercial arbitrations include, in Vienna, under the rules of the Vienna International Arbitral Centre, handling an exclusive distributorship dispute in the scientific equipment sector; under LCIA rules, of a negligence claim against an international investment bank acting as valuer of an Eastern European bank in administration; under ACI Rules, of a telecoms agreement; and in ad hoc arbitration of «earn - out» provisions in a Share Purchase Agreement relating to the acquisition of an ISP.

Significant matters / transactions include: Advised Xstrata South Africa (Proprietary) Limited on its offer to purchase Lonmin plc's entire issued share capital, # 5 billion Advised Telkom SA Limited on its unbundling of a 35 % stake in Vodacom Group (Proprietary) Limited, R35 billion Advised Edgars Consolidated Stores Limited on its acquisition by Bain Capital, R25, 5 billion Advised The Standard Bank of South Africa Limited and FirstRand Bank Limited (acting through its Rand Merchant Bank division) on the introduction of BEE equity participation in Sasol Limited and their arranging financing therefore, R25, 4 billion Advised FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Nedbank Limited (acting through its Nedbank Capital division) as lenders to Richards Bay Titanium (Proprietary) Limited and Richards Bay Mining (Proprietary) Limited, R19 billion Advised Citibank N.A. on a bridge loan granted to Turquoise Moon Trading 427 (Proprietary) Limited by Citibank N.A. and JP Morgan Chase, R10 billion Advised British American Tobacco plc on its secondary listing on the JSE, R550 billion Advised Pioneer Foods Limited on its listing on the JSE Securities Exchange, R6 billion Advised the South African National Roads Agency Limited in respect of the Gauteng Freeway Improvement Project involving the construction and upgrade of the Gauteng freeway and the procurement of an open road tolling system, R44 billion Advised Absa Bank Limited (acting though its Absa Capital division), FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Vunani Capital (as co-lead arrangers) and the South Africa National Roads Agency Limited (as issuer) on the establishment of its South African Guaranteed Domestic Medium Term Note Programme and the subsequent issue of notes thereunder, R32 billion Advised Shoprite Checkers (Proprietary) Limited on the proposed Brait Private Equity private equity buy - out (this did not proceed), R12 billion Advised Reclamation Holdings (Proprietary) Limited and various shareholders on the acquisition by Capitalworks Private Equity SP GP (Proprietary) Limited and Old Mutual Life Assurance Company South Africa Limited of a 20 % equity stake in Reclamation Holdings (Proprietary) Limited from various shareholders, R511 million Clients include: Multinationals, listed companies, financial institutions, entrepreneurs and Government

Life Insurance Corporation of India (LIC) recently purchased over 2 crore shares from the leading public sector lender, Dena Bank.

When a central bank from a G7 country like Japan purchases foreign exchange reserves of the United States (US dollars) the shared belief of the U.S. dollar advertently becomes shared with the Japanese people.

On Sep. 15, trusted sources including Bitcoin developer Andrew DeSantis and respected Bitcoin trader IamNomad published screenshots of four separate purchases of Bitcoin XBT shares by the bank accounts of JPMorgan Securities.

Even distressed property sellers are benefitting from this hot seller's market, with a record - high share of homes at foreclosure auction being purchased by third - party buyers, rather than reverting back to the foreclosing bank.»

Farallon's equity was to have been augmented with CMBS proceeds to pay down the loan, while a Gazit - Global share purchase would have paid down the debt and been coupled with a refinancing of the remaining balance with the Royal Bank of Canada.

Handling purchase transactions which involve bank owned foreclosure sales are not limited to merely standard bank owned properties, and as I am sure you will all agree, each of us have handled our fair share of FHA property disposition cases.