Sentences with phrase «shareholder of a certain company»

Not exact matches

Shareholder returns at family - controlled corporations significantly outperform those of widely held public companies, even though family - controlled boards tend to break governance rules, such as having a certain number of independent directors.
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.
Some of the proceeds of the IPO will go to repay outstanding debt Zipcar owes to financial instutitutions, and «approximately $ 5.0 million to repay amounts owing to certain former shareholders of Streetcar» as well as a portion of the net proceeds to invest in «companies, technologies, services or assets that complement our business.»
The Federal Court of Australia has ordered a meeting of Aquila Resources Ltd's shareholders in October to consider the «scheme» for the demerger of certain of the company's exploration interests in new company Aquila Exploration Limited.
This News Release contains forward - looking statements concerning: the combined company's financial position, cash flow and growth prospects; certain strategic benefits, and operational, competitive and cost synergies; management of the combined company; the timing of the Shoppers Drug Mart's shareholders meeting and publication of related shareholder materials; the expected completion date of the proposed transaction; the anticipated tax treatment of the proposed combination for Shoppers Drug Mart shareholders; and Loblaw's and Shoppers Drug Mart's anticipated future results.
For instance, a percentage of GE executive bonuses depend on the company returning a certain amount of cash to shareholders.
Furthermore, the rules governing companies listed on the NYSE and incorporated under Delaware law require us to submit certain matters to a vote of shareholders for approval, such as mergers, large share issuances or similar transactions, and the approval of equity - based compensation plans.
In connection with the acquisition of XA Secure, the Company also issued 265,012 shares of restricted stock, issued 318,966 options to purchase the Company's common stock and may be required to pay an additional $ 3.92 million to certain key employee - shareholders of XA Secure.
The company is not required to send updates to shareholders, arrange shareholder meetings and seek the vote of shareholders before taking certain actions.
In addition to the general solicitation rules, the JOBS Act eased the rules about Exchange Act registration for companies with more than a certain number of shareholders of record.
The rights of the shareholders of Caledonia may be different in certain respects from the rights of shareholders of a company incorporated in the United Kingdom or other jurisdictions.
A warrant is a certificate, which gives shareholders the right to purchase future shares within the company either for a specific period of time, within a certain amount of years or they may have the right to purchase these new stock shares at any time.
Certain shareholders have taken notice of this pattern of reports concerning the Company's working conditions, and at its 2016 annual meeting, have submitted a variety of shareholder proposals requesting increased disclosure of both Amazon's sustainability and human rights considerations.
As such, by limiting the currently available data as contained within the new law would make harder the already tedious «sifting through often - byzantine layers of shell companies and nominee shareholders to identify the true owners of certain assets,» and the ability for third parties to add information to the public sphere and marketplace of ideas is unnecessarily curtailed.
At the end of the day, if the management of the company decided to up and leave, the shareholders would own the company's real estate, machinery, and supplies, so there is a certain base level of value.
Shareholder — The people or organizations who posses some quantity of equity ownership of a company, usually in the form of stock; depending on the ownership formula, shareholders may be entitled to voting rights, dividend payments, or certain degrees of influence in the company, or bear accountability for its management
Shareholder Approval Requirements: NYSE American requires a listed company to obtain the approval of its shareholders for certain types of securities issuances, including private placements that may result in the issuance of common shares (or securities convertible into common shares) equal to 20 % or more of presently outstanding shares for less than the greater of book or market value of the shares.
Disincorporation Relief allows a company to transfer certain types of assets (company assets such as land and buildings, goodwill and other intangible assets) to its shareholders (who continue to operate the business in an unincorporated form) without the company incurring a corporation tax charge on the disposal of the assets.
The commission was very clear on the issue with regards to the Finance Minister as been a former shareholder, beneficiary of several companies in the securities market and more importantly a former director to some of these companies and his interest to see these institutions attain a certain growth within that sector has the Potential to Conflict with the interest of the State.This revelations by the commission is very serious with its potential risk alerted is enormous to affect the securities sector of the country.
Actually, no: Constituency statutes were often implemented to ward off potential hostile takeovers of in - state companies, in which certain investors attempt to seize control of firms to maximize short - term shareholder value.
BUZZFEED - June 20 - Osmium Partners is almost certain to win the four board seats it is gunning for when Spark holds its annual shareholder meeting, allowing the activist hedge fund to take control and force a sale of the company.
Transferability of shares: If we talk about a public limited company, then its member is free to sell his shares to others without the consent of other shareholders, whereas in case of a private limited company there are certain restrictions on transferring shares to others.
For example, if you buy these stocks after a certain time, the previous seller might get the dividend as he was holding the stock when the company was recording the name of the shareholder before distribution of dividends.
There is no need, nor reason, to waste time or shareholder resources on advisors or to delay the liquidation process in order to explore risky alternative strategies, courses certain to result in further diminution of value for all shareholders, when the majority of the stockholders of the Company appear to have already made their views perfectly clear.
When companies are less confident of economic conditions, they choose the conservative route of share buybacks, which is a more certain way of pleasing shareholders.
As reported this morning in a 13D filing with the Securities and Exchange Commission, Ramius Value and Opportunity Advisors LLC, a subsidiary of Ramius LLC, and certain of its affiliates (collectively, «Ramius») owns approximately 6.2 % of the shares outstanding of Aviat Networks Inc. («Aviat» or the «Company»), making us one of the Company's largest shareholders.
Here's how it works: Certain companies issue stock that stipulates its dividends — which are a kind of payment that goes to shareholders — will be paid, instead of cash, in the form of more stock.
An arrangement to place the control of a company in the hands of certain managers for a given period of time, or until certain results have been achieved, by shareholders surrendering their voting rights to a trustee for a specified period of time.
The company also notes the receipt of communication from certain of its shareholders regarding the company's strategy.
The review will include the investigation of a wide range of alternatives including the sale of the Company and / or certain divisions for the purpose of maximizing shareholder value.»
Each Fund intends to qualify as regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended (the «Code»), which requires compliance with certain requirements concerning the sources of its income, diversification of its assets, and the amount and timing of its distributions to shareholders.
Investment by a Fund in certain «passive foreign investment companies» («PFICs») could subject the Fund to a U.S. federal income tax (including interest charges) on distributions received from the company or on proceeds received from the disposition of shares in the company, which tax can not be eliminated by making distributions to Fund shareholders.
Much like a jilted boyfriend telling all his friends that his ex-chick is nuts, Infogrames released a statement after being shot down by SCi, «Infogrames» proposal is financially disciplined and recognises the strengths of both companies,» they explained, «Although the indicative offer is subject to standard conditions relating to due diligence, the receipt of irrevocable undertakings from certain SCi shareholders and the recommendation of the SCi Board, it is not subject to financing.»
It varies company by company and industry by industry and shareholders aren't always in the best position to understand all of that and then create decisions or create the pressure for certain decisions.»
Advising the shareholders of a BVI company on an application for appointment of a provisional liquidator made by certain other shareholders.
There is also an increased need for legal services in connection with the protection of shareholder interest in proper compensation for damages causally related to the false or misleading statements of a company on a certain subject.
Lamb's recent client successes include securing a dismissal on behalf of the board of a publicly traded company of three shareholder derivative and class action complaints in Ohio and Texas challenging the fairness of a $ 2.5 billion merger transaction and prevailing in an arbitration involving a dispute over the proper accounting treatment of certain items in connection with another client's purchase of a business.
However, in certain circumstances a derivative claim may still be the most appropriate route for shareholders (for example, in the context of public companies, where a finding of unfair prejudice may be less likely).
Furthermore, in addition to the governance measures applicable to shareholding companies to enhance the protection of the interests of the shareholders, CCL provides provisions to apply certain corporate governance in all types of companies; this requires significant changes in the duties and liabilities of the managers and partners, such as: the provision to avoid any conflict of interests for the managers; the liability of the company for the actions of its employees; each company shall have an authorised auditor; each company must have annual accounts with commitment to prepare annual financial accounts, including the balance sheet and profits and loss accounts, applying international accounting principles and standards.
The BERR case concerns the well - known problem of when a majority shareholder and / or director of a company that has become insolvent can claim to have been an «employee» and thus entitled to claim certain unpaid amounts from the secretary of state under the Employment Relations Act 1996, s 182.
Notable mandates: advised Apotex Holdings Inc. in its sale of all of the shares of Accucaps Industries Limited to Catalent Pharma Solutions; acted for Canada Goose in negotiating the terms of the company's lease for its first standalone retail store in Yorkdale Shopping Centre and for certain of its shareholders in connection with its IPO; represented Spin Master in connection with its $ 510 - million credit facility and various acquisitions; advised the management of LABORIE in the company's sale to Patricia Industries (a division of Investor AB) by Audax Private Equity; acted for NAFTA Foods and Create - a-Treat and their management in the sale of NAFTA CAT to Give and Go Prepared Foods Corp..
Defended a communications company: shareholder derivative action asserting breach of fiduciary duty by introducing certain subscription TV offers.
Utility companies and their shareholders are not liable for certain environmental liabilities — including site clean - up costs — of their predecessor entities, the House of Lords has ruled.
The plan to create new stocks is a popular way for certain shareholders to raise capital by selling their shares without ceding control of the company and retaining the majority vote.
This allows certain advantages to continue operating through trading of shares to new shareholders in the company.
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