Sentences with phrase «shareholders of the company became»

Not exact matches

Almost three decades after launching the company as an indie film production house with little more than $ 300 and a lot of youthful enthusiasm, he and co-founder Seaton McLean and a few other early shareholders had all become rich beyond imagining on the strength of a handful of lucrative properties, including HGTV, the Food Network and the spectacularly successful CSI franchise.
Close to 40 % became shareholders, a development that seemed to inspire workers to look beyond their own wages and working conditions and consider the health of the company as a whole.
Similarly, Avigilon founder Fernandes's previous startup, QImaging, was snapped up by a large New York Stock Exchange??? listed conglomerate for $ 20 million in 2002, enabling him to become «the biggest and major shareholder of the company» this time around.
The boards of some major US and Australian companies have responded to shareholder activism by becoming more active in their pursuit of best practice.
The Cheesecake Factory 100 Best Companies rank: 98 The Cheesecake Factory (cake) tells Fortune that it was the first restaurant company to allow management team members to become shareholders, and it remains one of the few.
Ravikant became something of a celebrity in the Valley when he led a shareholder lawsuit against the firm that had invested in his prior company, Epinions.com.
Exxon has argued against all the other shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the environmental, social and economic challenges associated with the oil sands»; a report of «known and potential environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»
«The objective is for CDP to become a stable and long - term financial shareholder... guaranteeing the «Italian - ness» of the company,» the source said.
As suggested 10 days ago, here at Politico («Michael Ferro immediately redefines Tribune Publishing's chairman role»), the fault lines began forming behind the scenes as soon as Ferro had bought 16.6 % of the companybecoming its largest shareholder — on Feb. 3.
When an investor makes an equity investment, he or she is issued shares in exchange for capital and becomes a shareholder, or owner, of the company.
Equity Financing: when a company raises money by selling its shares, allowing shareholders to become partial owners of the company through the purchase of stock.
Once you have identified a company with a DRIP, in some cases you have to become a shareholder of record to enroll.
Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.
Absent such a standard, the shareholder proposal rule becomes nothing less than a species of private eminent domain by which the federal government allows a small minority to appropriate someone else's property — the company is a legal person, after all, and it is the company's proxy statement at issue — for use as a soap - box to disseminate their views.
The fact that Steve Wynn is out entirely may be unnerving to long - term Wynn Resorts shareholders, but he had likely become more of a liability than anything for the company.
The Company is positioned to maximize shareholder value by fast - tracking Chinchillas to production and becoming a 25 % owner of the combined Chinchillas - Pirquitas silver mining operation, while continuing to explore for its fourth major discovery.
Takeaways include features of the Berkshire System from the shareholders» viewpoint: (1) Berkshire is unusually congenial to taxable shareholders, enhancing compounding rates considerably; (2) Berkshire's internal cultural features such as autonomy, decentralization, and permanence help attract sellers of high - quality companies to selll to Berkshire at reasonable prices with managers who stay on and become substantial shareholders; and (3) There is a close symbiotic connection between features (1) and (2) that reinforces Berkshire's high compounding rate and long time horizon.
It bought 25 percent of Hilton Worldwide for $ 6.5 billion, paid another $ 6 billion for the IT product company Ingram Micro and became Deutsche Bank's single largest shareholder with a 9.9 percent stake.
GE, in a move to become a pure play industrial company, is exiting the financial services business by selling the bulk of the assets contained in its GE Capital unit and returning most of the proceeds from that disposition to shareholders in the form of a $ 50 billion share buyback.
Some institutional investors buy shares in a company with the intent of becoming vocal shareholders, while other institutional investors such as index funds are passive investors and do not take an interest in the running of the companies in which they invest.
Takeaways include features of the Berkshire System from the shareholders» viewpoint: (1) Berkshire is unusually congenial to taxable shareholders, enhancing compounding rates considerably; (2) Berkshire's internal cultural features such as autonomy, decentralization, and permanence help attract sellers of high - quality companies to sell to Berkshire at reasonable prices with managers who stay on and become substantial shareholders; and (3) There is a close symbiotic connection between features (1) and (2) that reinforces Berkshire's high compounding rate and long time horizon.
There was a handful of companies that were interested in acquiring us we're gracious to be able to choose who we want to partner with and we decided to become a part of ISS (Institutional Shareholder Services Inc.)-- which is probably known to this podcast as the largest provider of top government research and services proxy (3:23 inaudible).
Israel becomes the latest market to approve legislation to require shareholder consent of compensation to companies» senior executives.
As easyJet PLC became one of the biggest UK companies by market value, Stelios successfully campaigned to set a dividend policy that now distributes half of annual profits by way of dividends to all shareholders.
Directors, 5 % shareholders and executive officers are required to inform the Company of any such transaction promptly after they become aware of it, and the Company collects information from Directors and executive officers about their affiliations and affiliations of their family members so the Company can search its records for any such transactions.
Many of Goodman's shareholders paid $ 2 a share in its $ 2.1 billion initial public offer in 2005 and have become frustrated with the company after years of restructuring, asset write - downs and profit downgrades.
Duvel Moortgat becomes shareholder of Firestone Walker Brewing Company from Paso Robles, California.
«We are excited to partner with Heartland through the company's next phase of growth and development as they integrate and grow the Splenda ® brand,» said Jason Mozingo, Senior Managing Director at Centerbridge Partners, which will become a shareholder in Heartland upon consummation of the transaction.
Apart from my personal opinion that he is the main one responsible for our poor transfer budgets and lack of ambition for the club since he became majority shareholder but worse still he has now shown who he really is by the launch of the appalling hunting channel just launched in the UK by the company that he owns!
Should American Kroenke ultimately obtain Usmanov's significant stock, then the remaining minority shareholders, which include the AST, have concerns over the possibility of Arsenal becoming a privately - owned company, so therefore not required to hold an Annual General Meeting, the next of which is set for October 26.
John Cridland, the CBI director general, said that although the CBI agreed that pay should be linked to performance, «executive pay must not become a political football» and it was «not the role of shareholders to micro-manage companies day - to - day.»
«This is only the first of many steps that we believe can lead to the evolution of Friendable, creating a secondary opportunity that could become management's main driver in creating future value for the Company and our shareholders and thank all of our supporters for continuing to believe in management's ability to find solutions in a technology marketplace that is rapidly iterating,» concluded Rositano, Jr..
Geely the Chinese company that has just become the largest shareholder of the automotive giant Mercedes - Benz and that worries Germany
Last week, Mr. Slim exercised warrants to become the largest shareholder of the company with a 17 % stake and told Reuters last July that his holdings in the company are a «financial investment.»
Whether they are publicly traded or private, if you own stock in a company, you become a shareholder or part - owner of that organization.
We first became a shareholder of Avigen in 2005, the year Avigen sold, for $ 12 million, its unsuccessful gene therapy business in which the Company had invested over $ 150 million.
In the case of a private company, assets are transferred at current fair market value for shares of equal value in the private company; the heirs become shareholders and their wealth rises as the shares rise, while the founder's shares no longer rise in value.
Starbucks, Best Buy and Lowe's are just a few of the companies that let teens become shareholders, whether they make lattes or stock shelves.
Once you become a shareholder in a particular company, typically, earnings are paid out in the form of dividends on a quarterly basis.
You become an owner, or shareholder, of the company.
The Value Investing approach is to view a stock as the means by which the shareholder becomes a part owner of a company.
Given the struggles endured by the Company, and subsequent evaporation of shareholder value, these agreements had appeared to become increasingly questionable.
Fire - power covers a host of tactics: Sometimes it's just sheer weight of money (and they become the largest shareholder), but it also includes nominating directors to the board, conducting proxy fights, deposing and / or appointing management, suggesting operational changes and / or asset / business sales, scaring up bidders for a company (or even bidding themselves), demanding strategic reviews or even wind - downs or liquidations, etc..
But the Celtic Tiger demanded something more ambitious, so it became a stand - alone company: a) When Society members became direct shareholders in One51, via a Feb - 2007 share exchange, and b) grey market trading commenced in One51's shares at the end of Oct - 2007.
On a similar note I'm also becoming less and less enthused with Winthrop management's handling of their liquidation; its been almost a year now since the company's remaining assets were put in a liquidating trust and we shareholders have seen little in the way of property sales and liquidating distributions.
Once you start asking why people are making these things happen, the news will become an examination of how companies respond to their competitors, how products evolve to meet the needs of customers, and how management creates or destroys value for shareholders.
You also agree to notify us by the same means if you are or become: a) employed or affiliated with a securities brokerage firm, bank, investment adviser, trust company, insurance company or securities exchange; or b) an officer, director, affiliate or 10 % shareholder of a publicly traded company.
When the prices became too rich for EFU to expand through acquisitions, they placed the company on the auction block for the benefit of all shareholders.
I don't want shareholder votes to be like ballot initiatives in California, where one becomes an amateur legislator, but I do want the ability to vote down directors, and for 5 % of the shareholders to be able to propose binding rules to the company, for the shareholders as a whole to vote on.
This fire - power covers a host of tactics: Sometimes it's simply sheer size (they become the largest shareholder), but it also includes nominating directors, conducting proxy fights, deposing / appointing management, recommending operational changes & asset / business sales, finding bidders for the company (or even bidding themselves), demanding strategic reviews or even wind - downs / liquidations, etc..
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