Sentences with phrase «shareholders of companies held»

In our 2016 Annual Report shareholder letter, we discussed the importance of the shareholder vote at the annual meeting of shareholders of companies held in investment portfolios.

Not exact matches

The dispute between Burrup Holdings managing director Pankaj Oswal and the company's 35 per cent shareholder Yara Australia has escalated after Burrup blocked an independent audit of its financial accounts.

May 1 - Jacob Jacobson agreed to resign as Xerox Corp's chief executive as part of a settlement of a lawsuit brought by the company's shareholders that raised questions over Xerox's agreed deal with Japan's Fujifilm Holdings Corp, a New York court filing showed on Tuesday.

Holding company liquidity is the total funds available at the holding company level to fund general corporate purposes, primarily the payment of shareholder dividends and debt sHolding company liquidity is the total funds available at the holding company level to fund general corporate purposes, primarily the payment of shareholder dividends and debt sholding company level to fund general corporate purposes, primarily the payment of shareholder dividends and debt service.

The senators said that despite the administration downplaying his role, Icahn has disclosed to the Securities and Exchange Commission (SEC) that he was a special adviser, meaning it is important to shareholders of the companies in which he holds stakes in.

The person you're looking for, Richard, is Jack Stack of SRC Holdings (formerly Springfield Remanufacturing Corp.), who started the company in 1983 with 12 other managers as shareholders.

The comment is oddly elliptical and passive given that Pessina is a shareholder controlling 13 % of the company's stock, with allies KKR and activist fund JANA Partners holding sway over another 4.7 % and 1.1 %, respectively.

The statement said 3G Capital, the majority owner of Burger King, would continue to own the majority of the shares of the new company on a pro forma basis, with the remainder held by existing shareholders of Tim Hortons and Burger King.

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.

Rather, Outfit7 Investments Ltd. (Outfit7) said in a press release that its shareholders have sold 100 percent of the company to a consortium of investors from Asia, represented by United Luck Group Holdings Limited under the leadership of Ou Yaping.

Those include a shareholder lawsuit before a court in the German town of Braunschweig that alleges company officials were too slow in disclosing the scandal, depriving investors of information they needed to make decisions about their holdings.

The two companies previously discussed a merger after billionaire Liberty Media Chairman and Starz shareholder John Malone exchanged part of his Starz holdings for a 3.4 % stake in Lionsgate along with a seat on the studio's board.

Scana shareholders will receive 0.6690 shares of Dominion Energy for each share held, or the equivalent of about $ 55.35, the companies said.

At Fortune's Brainstorm Tech conference in Aspen in July, investors at private equity firms TPG Capital and General Atlantic — both large shareholders of Uber — said neither of them had marked down their holdings amid the company's turmoil.

Icahn does not have this privilege, however, because a condition of this proxy access is that shareholders must have held at least 3 % of the company's stock for at least three years.

«Goldilocks Investment Company Ltd has filed legal action today in light of the continuing refusal by Noble Group Ltd to recognize legitimate legal rights of Goldilocks as a shareholder of Noble,» the investment fund, which holds an 8.1 percent stake in Singapore - listed Noble said in a statement.

The corporate trail leads to a clutch of other «Euro Forex» companies in Britain and New Zealand, held in the names of company formation agents, nominee directors, or offshore shareholders.

Kresta Holdings chairman Peter Hatfull and major shareholder and former chairman Ian Trahar have lost their battle to retain control of the Malaga - based window furnishing company.

Mark Zweig, founder of privately held Zweig White & Associates, a $ 4.2 - million publishing and consulting company in Natick, Mass., addresses that problem through the buyback provision in the company's shareholders» agreement.

For instance, since he is no longer working for Microsoft, not even as a board member, he no longer has to report his holdings in the company, so he doesn't, although he's still widely known to be one of Microsoft's biggest shareholders.

In a joint statement, the two companies said Wednesday that Deutsche Telekom AG, the owner of T - Mobile USA, will hold 74 percent of the new business, while MetroPCS's shareholders will hold the remainder, as well as receiving a payment of about $ 1.5 billion.

The investor, together with other shareholders, has demanded Yahoo separate the Asian assets, including stakes in Chinese ecommerce company Alibaba Group Holding Ltd. and Yahoo Japan Corp, and conduct an immediate public auction of the core business, including search and advertising businesses.

SABMiller's strategic shareholders, who hold 41 % of the company's stock, would receive a lower offer worth 37.49 a share paid overwhelmingly in the form of a new class of unlisted share with a five - year lock - up period (a premium of only 28 %).

Preliminary results from the Annual Meeting of Shareholders held today indicate that the company's 12 director nominees were re-elected to one - year terms and that shareholders ratified the selection of KPMG LLP as Pfizer's independent registered public accounting firm for the 2018 Shareholders held today indicate that the company's 12 director nominees were re-elected to one - year terms and that shareholders ratified the selection of KPMG LLP as Pfizer's independent registered public accounting firm for the 2018 shareholders ratified the selection of KPMG LLP as Pfizer's independent registered public accounting firm for the 2018 fiscal year.

Wang is the founder and largest shareholder of S.F. Holding, the owner of S.F. Express, China's largest parcel delivery company.

In short, many of the widely held glamour companies in the market (and certainly the glamour technology companies) have diverted or destroyed value that was supposedly being retained for the benefit of shareholders.

New rules will require CBCA companies — about 40 % of companies listed on the TSX — to hold an election for their entire board of directors annually, vote for each director individually and, most importantly, use uniquely crafted majority - voting rules that only let shareholders vote «no» or «yes» for a director, eliminating the use of «withhold» votes which is standard practice under existing TSX rules.

Activist investor Nelson Peltz holds a $ 1.6 billion stake in DD and believes a breakup of the company will unlock shareholder value.

Alibaba drew crowds of money managers to meetings held around the world as the company pitched itself this month to prospective shareholders.

Fairfax Financial Holdings Limited is a holding company whose corporate objective is to achieve a high rate of return on invested capital and build long term shareholder value.

Total shareholder return was helped by an $ 8.2 billion repurchase made in late 2013 — when the company and a group of investors led by Kotick and Activision Chairman Brian Kelly bought out a stake held by then - majority shareholder Vivendi.

The company, Ellaal Goldberg Corporation, is a U.S. holding company that is the majority shareholder of Ellaal Goldberg, SA, a company incorporated in Romania.

The Rule allows any shareholder who holds $ 2,000 or 1 percent worth of a company's stock — for a period of one year — to submit a non-binding shareholder proposal on any subject matter that they please.

According to the agreement signed yesterday, Backbone Hosting will hold 75 % of the merged company, and the existing shareholders in Natural Resource, headed by Sebag, will hold the other 25 %.

RESOLVED: That Berkshire Hathaway Inc. («Berkshire») establish reasonable, quantitative goals for reduction of greenhouse gas and other air emissions at its energy - generating holdings; and that Berkshire publish a report to shareholders by January 31, 2015 (at reasonable cost and omitting proprietary information) on how it will achieve these goals — including possible plans to retrofit or retire existing coal - burning plants at Berkshire - held companies.

Nasdaq's Linq platform now enables many of the functions of public markets (shareholder services, share registries, even secondary trading) for privately held companies.

Coty shareholder JAB Holdings, the Luxemburg investment company of the billionaire German Reimann family, will own a third of the combined entity.

As of June 7, 2017, immediately following the consummation of the Stock Sale and the distribution of the Stock Dividend, the Company held 316,993 shares, representing 4.26 % of the issued and outstanding shares of common stock of Croe, and the shareholders of the Company, collectively, held 10,918,007 shares, representing 94.40 % of the issued and outstanding shares of common stock of Croe.

As noted, for ESOPs in closely held companies this is not an issue since, typically, the entire company is being sold to the employees, and managers and the exiting owner are not focused on the dilution of the majority shareholder since that shareholder desires to cash out its majority equity.

Tribune Publishing enacts a «poison pill» contingency, which allows Tribune's shareholders to double their holdings in the event that another party (read: Gannett) acquires more than 20 percent of the company.

Because most ESOPs in closely held companies take place in situations where the founding owner wants to retire and cash out of the business, the issue of diluting profit per share and diluting the ownership and governance rights of majority shareholders is not a material issue in these cases.

In particular, when other shareholders sell shares from a fund, a mutual fund company may ultimately have to sell some of the securities it holds and realize a capital gain which is allocated to all shareholders of the fund.

Buffett shared his sentiments on the coal industry at the 52nd annual shareholders meeting of his Berkshire Hathaway holding company...

A $ 9.2 billion merger led by the holding company of the country's biggest conglomerate helps the ruling Lee family plan its succession at the expense of independent shareholders.

Massachusetts and Nevada regulators are already looking into the allegations and they could force Steve Wynn out as the operator and major shareholder of the company if they deem him unfit to hold a gaming license.

It should be noted that significant shareholders (which under the AIM Rules are any persons with holdings of 3 % or more of Caledonia's securities) are required to notify their holdings in the Company as is similarly required under the United Kingdom's Disclosure and Transparency Rules.

Price executives talked with shareholders about performance during the company's annual meeting, held in one of its new buildings in Owings Mills.

Tuesday is when a multi-billion dollar «tender offer» from Japanese investment giant SoftBank is expected to begin, according to sources tracking the process, giving Uber shareholders the chance to sell some of their stock or hold fast until the company goes public.

The position of Santos» largest shareholders, two Chinese companies, ENN Holdings and Hony Capital, is crucial for the prospects of a deal.

Shares of Sears Holdings (SHLD) traded lower, after a major shareholder announced plans to leave the company's board of directors.