Someone has to pay it, and there's no real fair method, so the mutual fund company declares a date and divides the gain among
shareholders of record.
Indeed, Christian school board members often account for a good percentage of the donations that keep the school running, functioning
as shareholders of a corporation that always runs in the red.
More than 60 %
of shareholders of one major energy company recently voted — against management's recommendation — in favor of the company reporting on its climate progress.
If you look up the
largest shareholders of brands you're familiar with, you'll find that institutional investors top many of those lists.
The deal is expected to close in the second half of next year, subject to approval
by shareholders of both companies as well as regulators.
The note argues that
shareholders of companies that have successfully «just said no» to hostile takeover bids have incurred «profoundly negative» returns.
Although he had resigned from those positions for unrelated reasons, he remained a significant
minority shareholder of a certain class of convertible preferred shares.
Private equity investors,
shareholders of public REITs and especially brokers who see fat commission checks in all those transactions keep driving prices higher.
While this would be bad for
current shareholders of the bank, a lower share price would translate into a higher dividend yield, holding all else equal.
The disclosure appears to be in breach of rules that order peers to declare their business interests, particularly if they are the
main shareholder of the company.
Of course, defending against fraudulent claims imposes costs on the customers, employees and
shareholders of targeted companies.
Liability - With a share sale, all the assets and liabilities are translated to the
new shareholders of the company.
The discussion of federal income taxation presented below supplements the discussion in the fund's prospectus and only summarizes some of the important federal tax considerations generally
affecting shareholders of the fund.
Since mutual fund investors are
actually shareholders of the fund, they vote in the same way corporate shareholders do, either in person at the annual meeting, or by proxy online.
If a candidate is unable to
convince shareholders of his or her merit, the candidate would be replaced by a director who is supported by the majority.
I have been a
proud shareholder of this company for almost 6 years (5 years 11 months) and I have not been disappointed in my results.
The date the fund determines who its shareholders are - for it is these «
shareholders of record» who will receive the fund's income dividend and / or net capital gains distribution.
As a long -
term shareholder of a business, your ultimate investment result will be determined by the quality of that business over time.
Managers with stock - based compensation won't be affected either nor will
other shareholders of these firms.
All jurisdictions have a legal requirements for the «share register» to list all of the
current shareholders of a company.
But the deep - pocketed firm already has a big stake in the industry as
controlling shareholder of publicly held Brookdale Senior Living Inc. (NYSE: BKD), which has been on a buying binge.
The dividend is payable on June 15, 2018, to
common shareholders of record at the close of business on May 31, 2018.
Loblaw earned a profit attributable to common
shareholders of $ 377 million or 98 cents per diluted share on $ 10.37 billion in revenue for the quarter ended March 24.
Former parent company Viacom later sued the
former shareholders of Harmonix for a refund of $ 131 million in bonuses that were previously paid out to the developer.
Gelb also noted that this will make Berkshire the largest
shareholder of Bank of America, owning about 7 % of the company's outstanding stock.
Companies could even be created for a limited time period in the first hand (which has some historical precedent
with shareholders of «trading companies» with lifetime of a single trade voyage).
«Attracting strong lateral shareholders is critical to the continued growth and success of our firm,» said Robert S. Blumberg, office
managing shareholder of Littler's Century City and Downtown Los Angeles offices.
In 1979 he went on to be a managing broker and in July 1989 became a
founding shareholder of National Real Estate Service.
Mr. Klieger continues to represent Mr. Redstone in connection with all of his personal and business legal matters, including several derivative lawsuits filed by
shareholders of Viacom and CBS in the Delaware Court of Chancery and a high - profile lawsuit that Mr. Redstone filed in Los Angeles County Superior Court in October 2016 against two former girlfriends, who he maintains absconded with more than $ 150 million in cash and stock.
Phrases with «shareholder of»