Shareholders proposed that
each shareholder get a vote equal to the number of shares they own without any super votes.
Because they own a part of the business,
shareholders get a vote to elect the board of directors.
Not exact matches
Critics complain «say on pay»
votes are ineffectual because boards aren't bound to the results, but of the 53 U.S. companies for whom
shareholders rejected compensation plans in 2012, 45 made changes and
got positive
votes the following year, according to Institutional
Shareholder Services.
Netflix's board is divided into three separate classes, so
shareholders don't even
get to
vote for or against all the directors every year, just a selection of them.
Shareholders will also
get negligible
voting rights with the stock.
Dell put off
shareholder vote on its founder's $ 24.4 billion buyout offer, after failing to
get enough support to seal the deal.
How
shareholders will
vote — either with DuPont or its rival, activist hedge fund Trian Fund Management — will come down to how well they believe DuPont has performed under Kullman, who
got the job at the start of 2009.
The SPAC was trading slightly below its offering price when Traina signed the merger agreement, which has made it difficult for him to round up enough yes
votes from Terra Nova
shareholders, who may be better off
voting down the deal and
getting back their original investments in the SPAC.
In Italy, Telecom Italia chief Amos Genish said that his position in the firm would be «untenable» if activist fund Elliott
gets the majority of the board seats during a
shareholder vote Friday, Reuters reported.
The cleverly crafted offer is designed to
get the revised merger proposal (RMP) in front of the WPL
shareholders to force a
vote (extraordinary general meeting will be held at the end of April).
While activist
shareholder Sandon Capital has been a voluble opponent of the deal, arguing Tabcorp is
getting a very good asset in the Tatts lotteries business, there are enough big
shareholders who own stock in both companies that are in favour of the transaction to make a favourable
vote likely.
As a result,
shareholders did not
get a
vote on his Nissan pay, or even an explanation of how it was earned; all that Renault disclosed was the total, $ 8 million.
Knauf, which also has a stake in the construction materials company, had asked
shareholders to
vote against the board nominees as part of its tactic to
get USG (NYSE: USG) to accept its offer.
Board chair David Denison says in a separate statement that the government told Hydro One it would
vote against compensation changes, and he adds that the utility will consult with
shareholders and
get «additional independent advice» on executive compensation.
Winters argues that index fund managers
get away with «overpaying their bosses» more easily, as measured by
shareholder votes... Read More
Tabcorp chairman Paula Dwyer has dismissed concerns
shareholders do not
get a
vote on the $ 11.3 billion merger with Tatts.
Please don't think that by joining a group on Facebook or moaning on twitter we will
get change.Its now or never that a lame duck CEO (who can't sack his own employee) and a majority
shareholder (who can
vote to pay himself # 3mill) and Arsene should give way for passionate people ie....
So, although
shareholders do
get some
voting rights, the stock does not represent any actual equity value in the team.
That's not so much about the great value I see, more about making sure the
shareholder vote gets approved and we can
get this liquidation done so the value in the existing shares don't
get taken down.
The purpose of the rights offering is to
get shares of GYRO into «friendly»
shareholder hands that will participate in a
shareholder vote and approve the liquidation.
The problem is that the merger requires a 2/3 majority
vote of the public company
shareholders and management can't seem to
get the needed
shareholder votes for whatever reason.
At this point, the
shareholders would
get antsy and
vote to have the money distributed to them as dividends.
«Preferred» stock usually gives up the
voting rights, but pays a higher dividend percentage (maybe double or triple that of common stock) and may have payment guarantees (if a promised dividend is missed in one quarter and then paid in the next, the preferred stockholders
get their dividend for the past and present quarters before the common
shareholders see a penny).
Given that the vast majority of the fund's shares (70 % of the retail and 95 % of the institutional shares) are owned by the family of Alpine's founder, Sam Leiber, I've
got a feeling that the
shareholder vote is a done deal.
Also, as a
shareholder, you can submit your own proposals for a
vote, if you
get enough ratification signatures to
get it on the proxy.
Although a majority
shareholder like the government may be able to
get its nominees onto the A.I.G. board without a fight, typically even a large
shareholder must conduct an expensive proxy contest to elect its nominees — that is, he needs to solicit enough
votes from other
shareholders.
The great thing about being a
shareholder is that you
get to choose the course of your company, so make sure you do read up on these and
vote accordingly.
Corporate governance experts say
shareholder resolutions that win
votes of more than 20 percent should
get trigger a company response.
But the
shareholder resolution asking the company to set greenhouse gas and emissions reductions goals was defeated: even though it
got a respectable share of the
vote — 26.8 % of
voting shares supported the resolution — 73.2 %
voted against.
«As I cast my
votes this year, I hope that more
shareholders will
get involved to move ExxonMobil toward a life - sustaining future.
At Exxon, the resolution won 21 percent of
shareholder votes; Chevron's version
got 20 percent.
As long as the non-binding proposal meets a list of qualifications and
gets approval from the SEC, it has to be placed on the company's proxy statement and
voted on during the next
shareholder meeting.
Still, Professor Larry Ribstein notes that the sale is not yet a done deal because «the
shareholders, many of whom are Bear employees, will have the last word — they
get to
vote on the deal.»
That's because Zuckerberg owns more than 75 % of Facebook's class B stock, which
get 10
shareholder votes — compared to the one
vote for an ordinary Facebook investor who owns the A shares that are traded on Wall Street.
Think of us as «
shareholders» perhaps; those who
get to
vote.