Sentences with phrase «shareholders get a vote»

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.
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