Sentences with phrase «shareholder voting issues»

Not exact matches

Einhorn, fund manager for Greenlight Capital, accused Apple of cash hoarding earlier last week and is encouraging shareholders to vote against Apple's proxy because he thinks proposition two will kill the option of Apple issuing preferred stock.
Sky - high CEO compensation emerged as an issue again in 2015, after say - on - pay votes resulted in shareholders rejecting proposed compensation plans at both CIBC and Barrick Gold.
Under applicable TSX rules, the transaction also requires the approval of Loblaw shareholders by majority vote, as the number of Loblaw common shares to be issued in the transaction exceeds 25 % of the total number of outstanding Loblaw common shares.
Yet the area is one that has attracted interest from Russia's private sector as well, including its central securities depository which began testing blockchain proxy voting - allowing shareholders to issue votes on corporate decisions - last year.
Depending on the type of stock purchased, a shareholder is also entitled to one vote per one stock on company management issues decided at the company's annual shareholder meeting.
One of the measures would require a shareholder vote before the company could issue a special class of stock.
The move to change the rules around issuing such stock upset Einhorn, who went public with the dispute and filed a lawsuit to block the vote, scheduled for Apple's annual shareholder meeting Feb. 27.
«There should not be unequal voting rights as they could allow management or minority share owners to override the wishes or best interests of majority shareholders for personal benefit and compromise accountability, leading to potential entrenchment issues,» Mary Leung, head of advocacy for Asia at CFA Institute, an association of investment professionals, said in a statement.
Such conversations can reveal which issues your shareholders actually care about — maybe board diversity isn't even on their radar, and won't be a deal - breaker come vote time.
Insights on key issues, proxy votes and shareholder advocacy from the California State Teachers» Retirement System, Ceres, ICCR, Sustainable Stock Exchange, Nathan Cummings Foundation, Trillium Asset Management, As You Sow, Walden Asset Management, Center for Political Accountability, AFSCME, Arjuna Capital, Miller / Howard, Oxfam, Calvert, ClearBridge, Green Century, UAW, Mercy Investments, Sisters of St. Francis, Azzad Asset Management, International Campaign for Rohingya, Responsible Sourcing Network, Sustainable Investments Institute, Proxy Impact, and more.
One of Walden's priority issues is Board diversity pursued through letters, company dialogues, shareholder resolution and proxy voting.
The affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of E&Y as Walmart's independent accountants for fiscal 2014; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Management Incentive Plan, as amended; and (iv) the adoption of each of the shareholder proposals.
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 shareholders.
Last month, it gave Listed an update, noting, «The CSA has heard concerns about the role of proxy advisers in influencing shareholder voting and has solicited formal feedback on this issue.
The Board has also determined to include an advisory vote on executive compensation at each annual shareholders» meeting until the next required vote on the frequency of shareholder votes on executive compensation because the Board believes it is important to receive feedback from shareholders on this important issue annually.
At any meeting at which a quorum has been established, the affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of EY as Walmart's independent accountants for fiscal 2016; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Stock Incentive Plan of 2015; and (iv) the adoption of each of the shareholder proposals.
Full proxy service providing proxy voting guidelines, electronic proxy voting and proxy vote reporting, proxy vote consulting, shareholder engagement and advocacy services on social and environmental issues.
He is also the author of several IGOPP policy papers, which offer new perspectives on a range of controversial issues including: Dual - class voting shares, Corporate Citizenship, The place of women on boards of directors, Say - on - Pay by shareholders, The Gordian knot of executive compensation, The Troubling Case of Proxy Advisors, among others.
It also offers insider details from shareholder advocates and issue experts, as well as resources for how institutional investors with a social mission can better align their values with their votes, with a sharp eye on the financial bottom line.
A board acting in this capacity and with the knowledge of the company's business and the implications for a particular proposal on that company's business is well situated to analyze, determine and explain whether a particular issue is sufficiently significant because the matter transcends ordinary business and would be appropriate for a shareholder vote.
Institutional Shareholder Services (ISS) has issued a voting recommendation inconsistent with the Board's recommendation on the say on pay proposal.
Tesla's board is recommending that shareholders vote against the proposal, saying lead independent director Antonio Gracias protects the company against any potential governance issues arising from having a non-independent chairman.
Employee stock ownership under ESOPs gives workers confidential voting rights on major corporate issues, so that they have some formal corporate governance rights in closely held corporations, and in stock market companies, employee owners have the same rights as other public shareholders.
And finally, we will argue that sometimes voting support is modest in early years but later garners significant shareholder backing as knowledge about an issue accumulates.»
There are many other tactics shareowners use as levers including, investor statements endorsed by a broad group of institutional investors; direct outreach to other shareholders; proxy voting services; and other investment advisors to gain support for specific shareholder proposals; and, outreach to consumers and the press as a way to draw public attention to an issue or a company.
As UK companies prepare to resubmit their pay policies to binding shareholder votes in 2017, updated reporting guidance provides insight into the issues that are driving investor voting.
At last year's annual meeting, the company's advisory vote on executive compensation failed to receive majority support from shareholders, with approximately 29 % of shareholders supporting the proposal; however this was just one of the issues the company faced in the past year.
Si2 provides overview reports on the main environmental, social and governance issues raised by activist shareholders in their proposals to companies, as well as impartial breakout reports on the proposals awaiting votes at companies.
Additionally, for the third year in a row, shareholders will vote on a shareholder proposal requesting that Chipotle enhance its sustainability reporting, an issue that may have special significance given the recent food safety incidents.
On May 3, shareholders of Canada's largest food retailer will be asked to vote on an important issue.
Courteney Keatinge oversees Glass Lewis» research and vote recommendations for shareholder proposals and covers research on major environmental and social issues in all major markets.
Most of the time being a shareholder would give you voting rights on issues within the corporation.
In its release, Magna said the vote was «impacted» by the voting recommendation issued in April by ISS Proxy Advisory Services, which recommended shareholders withhold their votes for the three directors because of the way they handled the buyout deal with Mr. Stronach.
When TSLA and SCTY shareholders vote on the proposed merger on November 17, investors need to question whether this merger is just another promise by Musk to distract from larger issues facing both companies.
More recently, in In re NYSE Euronext Shareholders Litigation, then - Chancellor Strine of the Delaware Court of Chancery, in a bench ruling following oral argument, declined to issue a preliminary injunction on a stockholder vote to approve the proposed merger between NYSE Euronext («NYSE Euronext») and IntercontinentalExchange, Inc. («ICE»).
American Bar Association, Corporate Governance Section Webinars, «Hot Issues for the 2011 Proxy Season,» February 23, 2011; and «Say on Pay Votes for 2011 Annual Shareholder Meetings: Will it be a Big Deal?
RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «Company»), a global leader in the production and marketing of value added products derived from rice bran, today announced that Institutional Shareholder Services Inc. («ISS»), the nation's leading independent proxy advisory firm, has issued a report recommending that RiceBran Technologies shareholders vote on the WHITE proxy card «FOR» the election of ALL the Company's director nominees — W. John Short, Marco V. Galante, David Goldman, Baruch Halpern, Henk W. Hoogenkamp, Robert C. Schweitzer and Peter A. Woog — at RiceBran Technologies» Annual Meeting of Shareholders (the «Annual Meeting») on Jushareholders vote on the WHITE proxy card «FOR» the election of ALL the Company's director nominees — W. John Short, Marco V. Galante, David Goldman, Baruch Halpern, Henk W. Hoogenkamp, Robert C. Schweitzer and Peter A. Woog — at RiceBran Technologies» Annual Meeting of Shareholders (the «Annual Meeting») on JuShareholders (the «Annual Meeting») on June 22, 2016.
IVIS does not provide voting advice to investors, but indicates concerns through a colour code system: Red top: Matter of serious concern; breach of guidelines Amber top: Issue for shareholder judgement Blue top: No areas for major concern
Target has ceded the issue to its shareholders, and asserted that because the change has been approved by a majority of the board of directors, it now only needs the affirmative vote of the majority of the outstanding shares of Target common stock voting at a meeting where the quorum requirement is met.
This Proposal (scheduled for shareholder vote on February 22nd) would give the Company the ability to issue 12,500,000 millions shares of Class A Common Stock under their Form S - 3 covering the sale of up to $ 30,000,000 of securities.
Like creditors that provide debt financing without having control over company operations, preferred shareholders are also granted no voting rights over management issues.
The date (as of close of business) on which a shareholder must own fund shares in order to receive a declared dividend or capital gain distribution, or to vote on fund issues in a proxy or shareholder meeting.
Thus, issuing (voting) shares means either the current shareholders reduce their proportion of owernship, or the company reissues stock it held back from a previous offering (in which case it no longer has that stock available to issue and thus has less ability to raise funds in the future).
Shareholders vote on critical issues, such as mergers and acquisitions, and elect directors to the board.
This is still a live issue today with «say on pay,» voting rules on directors, shareholder proposals, splitting the role of CEO and Chairman, etc..
Each share class represents an interest in the same assets of the Funds, has the same rights and is identical in all material respects except that (i) each class of shares may be subject to different (or no) sales loads, (ii) each class of shares may bear different (or no) distribution fees; (iii) each class of shares may have different shareholder features, such as minimum investment amounts; (iv) certain other class - specific expenses will be borne solely by the class to which such expenses are attributable, including transfer agent fees attributable to a specific class of shares, printing and postage expenses related to preparing and distributing materials to current shareholders of a specific class, registration fees paid by a specific class of shares, the expenses of administrative personnel and services required to support the shareholders of a specific class, litigation or other legal expenses relating to a class of shares, Trustees» fees or expenses paid as a result of issues relating to a specific class of shares and accounting fees and expenses relating to a specific class of shares and (v) each class has exclusive voting rights with respect to matters relating to its own distribution arrangements.
Institutional Shareholder Services («ISS») issued its unbiased well - researched report publicly recommending a vote against the merger.
Because it is the time of year when most companies send out their annual reports and ask their shareholders to vote on various issues.
Shareholder privileges usually include voting rights on issues that require shareholder approval and electing the directors of Shareholder privileges usually include voting rights on issues that require shareholder approval and electing the directors of shareholder approval and electing the directors of the entity.
The trustee is considered the shareholder and votes the shares (including for board elections), unless the company passes through votes to employees (there are a few required pass through issues, but they rarely come up).
a b c d e f g h i j k l m n o p q r s t u v w x y z