Sentences with phrase «shareholder approval»
"Shareholder approval" refers to the process where a company's shareholders, or owners, give their consent or agreement to certain decisions or actions taken by the company. This approval is usually required for important matters such as mergers, acquisitions, executive compensation, or changes in the company's structure. It ensures that shareholders have a say in the company's major decisions and helps maintain transparency and accountability within the organization. Full definition
Companies wishing to avail themselves to the new headroom should seek shareholder approval for the two - thirds limit at their annual meetings this spring if needed.
politics.co.uk
They can't but this deal is on paper pending shareholder approval!
That plan, which requires shareholder approval, could see 13 million options granted.
If rejected by shareholders, a new, revised draft of this document would be submitted for shareholder approval at the next general meeting.
The sale is still pending majority shareholder approval, but investors representing 46 % have already indicated that they'll vote in favor.
CVS Health and Aetna have each scheduled shareholder meetings on March 20 seek shareholder approval of the deal.
It remains to be seen if an increased focus on engagement with shareholders in advance of the 2017 AGMs, when both companies will be required to seek shareholder approval of their remuneration policies on a binding basis, will lead to a softening of shareholder anger.
Perth company OTOC has joined TFS Corporation in receiving shareholder approval for a name change and rebranding, which both companies say will more accurately reflect their business models.
Satisfy securities law requirements applicable to employee benefit matters, including registration, reporting and shareholder approval requirements for public companies, the exemption requirements for non-public companies and the trading restrictions and disclosure requirements applicable to any employer who provides equity compensation
By the end of 2018, the newly named Arq Group (the name change is pending shareholder approval on May 28) will also have grown its workforce from only 70 people four years ago to 1100.
The merger with the Burlington Northern Santa Fe Railway (BNSF) closed upon BNSF shareholder approval in 1Q2010.
It was basically, make sure we've got shareholder approval, financing in place, etc., and be able to announce it in Geneva.
Prichard has been an independent director of BMO since 2000 and upon shareholder approval at BMO's annual meeting in Halifax on March 20, 2012, the company intends to appoint him to the chairman's position to replace the retiring David A. Galloway.
Galaxy Resources» $ 223 million sale of its Jiangsu lithium carbonate plant to a Chinese buyer has received shareholder approval from both parties after multiple delays and timeframe extensions.
On Wednesday, Chancellor Leo Strine of Chancery Court gave companies a powerful incentive to build both independent board review and minority shareholder approval into the going - private process, writing new law that should boost shareholder protections.
Soon - Shiong's best shot at winning shareholder approval for a buyout bid would have included a proxy battle, offering up his own slate of directors at Tronc's annual meeting next month.
Primary Opinion intends to raise up to $ 25 million at an issue price of «no more» than 5 cents per share as part of the overall transaction and will need shareholder approval because of the sharp u-turn in the nature of its activities.
It is currently expected that the transaction will be consummated no later than October 31, 2016, subject to requisite shareholder approvals and satisfaction of applicable regulatory requirements and approvals and customary closing conditions.
The activist fund argues it was dilutive and the company did not get sufficient shareholder approval.
Meanwhile, Metcash has gained shareholder approval for the buy - out of its South African parent, 52 per cent shareholder, Metoz.
Alignvest Acquisition Corporation Announces Shareholder Approval Of Qualifying Transaction With Trilogy International Partners LLC
If a stock goes from $ 100 to $ 20 and then stays at $ 20 for a few years and then you offer to take it over at $ 30 - in a big, liquid stock you'll have a very real chance of getting overwhelming shareholder approval from an offer that wouldn't be entertained by a handful of owners of a privately held business.
A cap on EU banker's bonuses to be introduced in January next year — under which bonus payments can not exceed the value of an employee's salary without supermajority shareholder approval — simply did not go far enough for some.
The transaction has been approved by Spark's Board of Directors and is expected to close in the fourth quarter of 2017, subject to Spark shareholder approval.
The Proxy statement requesting shareholder approval for the liquidation, first issued in mid-May, continued to use the first quarter NAV estimates of liquidation proceeds, $ 13.79 to $ 15.79 per share.
It has been endorsed by the Board and is awaiting shareholder approval.
Next the tiny Franklin Mutual Recovery Fund (FMRAX) is looking, with shareholder approval, to merge into the Franklin Mutual Quest Fund (TEQIX) likely around the end of August.
The release disclosed that the plan calls for the company to distribute all available cash (between $ 2.72 and $ 2.91 per share) as soon as shareholder approval is obtained.
The agreement is subject to the previously mentioned Gaylord Entertainment shareholder approval, which is expected in August, as well as lender consent to amendments to Gaylord's credit facility and other customary closing conditions and regulatory approvals.
Company directors will need to seek shareholder approval before accepting some gifts and benefits from third parties when the new Companies Act comes into force, lawyers say.
Informed shareholder approval was also the key issue in the Ontario Securities Commission's May 11, 2009 decision to allow the Neo Material Technologies Inc. shareholder rights plan to continue in force.
Granada Group Limited v The Law Debenture Trust Corporation plc [2015] EWHC 1499 (Ch) Whether shareholder approval was needed for the grant of a charge to Law Debenture as trustee to secure pension promises to directors of the company or whether the pension scheme exemption applied.
Slaughters corporate partners Rebecca Cousin and Jeff Twentyman are leading for Reckitt and Indivior, the company's addiction control - focused pharma division, which will be demerged from the FTSE 100 group once shareholder approval is granted in December.
The transaction is subject to customary closing conditions, including AGL shareholder approval, state utility regulatory agency review and approval, and notification, clearance, and reporting requirements under the federal antitrust laws.
SAP's subsidiary, SAP America, Inc., is offering $ 45 per share for the platform, and plans to close the deal during the third quarter, pending Ariba shareholder approval of the sale.
The conclusion of the strategic framework agreement is subject to the confirmation of due diligences and Delta Africa shareholder approval.
The distribution does not require shareholder approval, nor is any shareholder action or payment necessary to receive shares through the distribution of Marriott Vacations Worldwide common stock.
The Company will seek a waiver from NYSE American's shareholder approval requirements in circumstances where the securities issuance does not trigger such a requirement under British Columbia law or under the rules of the Toronto Stock Exchange.
Some small credit to US management, they usually accept a reduced number of options in exchange and even seek shareholder approval on occasion.