Sentences with phrase «shareholders of the companies in»

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.
A potential stumbling block to joining a DRIP is that in some programs you already have to be a shareholder of the company in order to enroll.

Not exact matches

According to data from Sentieo, nearly 75 % of publicly traded companies with some stake in the marijuana industry deemed Trump's election important enough to mention it as a risk factor to their shareholders.
He's still one of the biggest shareholders in the company, with a 5 % - plus stake that's worth about $ 300 million, according to SEC documents, mostly in a trust for his kids.
We feel very strongly as a company that our role and responsibility in addition to making money and building shareholder value, as you know, is to demonstrate a level of social impact in the communities that we serve.
«Resolving this case is in the best interests of the company and our shareholders,» Associate General Counsel Sandeep Solanki said in a statement.
The British engineering company provided the reassuring update ahead of its annual shareholder meeting in Derby, northern England, where it is likely to face questions...
While shareholders will receive only the slightest of premiums on their 12 - cent share price, the big winners are bondholders, who will recoup a greater share of their loans and not be saddled with stock in an operationally troubled and undercapitalized company.
D&O begins to matter when companies have outside investors — according to one survey, nearly a third of private companies reported D&O claims from shareholders in the past decade.
According to analysts, if and how Tim Hortons alters its expansion strategy and capital structure will likely be the main point of contention amongst the company's shareholders in the near future.
The companies paid out $ 77.5 billion (42.1 %) in Total Tax Contribution (TTC), royalties and other fees to the government — ahead of employee payroll (28.3 %) and dividends to shareholders and business reinvestment (28.3 %).
«You don't want to give the mom - and - pop shareholder who may not have seen the reports the ability to Google it,» Robertson says, speaking generally of how companies respond in such events.)
Almost two thirds of ExxonMobil shareholders voted in favour of a motion asking the company to report on the impacts of climate change.
In the opinion of the Company's management, these are important indicators of how well management creates value for its shareholders through its operating activities and its capital management.
The ratio of debt - to - capital excluding after - tax net unrealized investment gains included in shareholders» equity was 23.4 %, within the Company's target range of 15 % to 25 %.
Back in the 1950s, GE - like many companies at the time — made explicit the primacy of workers over shareholders.
In 2017, after years of failure, shareholders at my former employer, Exxon Mobil, passed a resolution calling for the company to outline its plans for dealing with climate change.
MOSCOW, May 2 - The chairman of En + Group said on Wednesday he was working on implementing a plan that En + hopes will lead to the United States lifting sanctions on the company, the biggest shareholder in aluminum giant Rusal.
The transaction was unanimously approved by the board of directors of both companies and is expected to close in the second half of 2018, if it's approved by regulators and shareholders.
The company also issued a statement indicating it would not renew a shareholder agreement with L'Oreal, in which is has a 23 percent stake, beyond March 21 of this year.
Failing to hit its projections in its first few quarters as a public company would trigger shareholder lawsuits and cripple Spotify's ability to raise further capital, said Steve London, a partner in the securities practice of law firm Pepper Hamilton.
That was chief executive Thorsten Heins's message at the annual shareholders meeting in Ontario today, as he tried to defend the company's trajectory after sales of the new BlackBerry 10 line of smartphones fell well below analyst expectations.
The equity component is typically restricted or deferred until the director retires from the board, thus postponing taxes and enabling the director to amass a portion of equity in the company to align his or her interests with shareholders (it is believed).
While the company expects that the deal will close in the fourth quarter of this year and add to earnings in 2018, analysts say the earnings boost may not be as lucrative to shareholders in the short run as share buybacks.
Under the proposed demerger, which is subject to regulatory approval and a shareholder vote in the first half of 2015, he said there would be benefits for both companies and all shareholders.
Although on balance these total amounts may be financially immaterial to shareholders, they may represent only a small part of what a company spends to influence political outcomes in the United States or here in Canada.
These types of companies do not pay federal taxes at the corporate tax rate, but rather pass along profits and losses to their shareholdersin many cases, the business owners themselves — who are then taxed at the individual rate.
Generally, an entrepreneur can not own 50 percent or more of the business that his or her IRA is invested in, unless the company has a minority shareholder with complete veto power over all transactions — but in some cases, even that won't be allowed.
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.
In Italy, authorities have given Telecom Italia more time to hand in details of the role of its top shareholder Vivendi in running the companIn Italy, authorities have given Telecom Italia more time to hand in details of the role of its top shareholder Vivendi in running the companin details of the role of its top shareholder Vivendi in running the companin running the company.
The pair's solutions to the alleged problems of CEO - speak are greater government control of markets, more bureaucracy in the private and public sectors, an end to CEOs» duty of care to shareholders and — get this — more snore - inducing courses on critical textual analysis in business schools so students can know exactly how many times a CEO says «our company» versus «the company
After witnessing a 95 % decline in the pharmaceutical company's share price amid a series of scandals, Valeant's board, led by former shareholder and hedge fund manager Bill Ackman, smartly tied Papa's compensation to a recovery in the stock price.
As mentioned above, financial statements are produced by companies for the benefit of shareholders, and are prepared in accordance to sets of accounting rules (i.e. International Financial Reporting Standards, or IFRS, in Canada, and Generally Accepted Accounting Principles, or GAAP, in the U.S.) These rules differ greatly from those used to calculate corporate income taxes owing.
Vistaprint will acquire the company for $ 100 million in cash and $ 17.5 million in restricted shares «subject to continued employment of the founding shareholders,» the company said.
Apple is now paying out more cash in the form of dividends to its shareholders than any other major publicly traded company in the U.S.
CANADA - APRIL 26: Rick George, chief executive officer of Suncor Energy Inc., speaks to shareholders at the company's annual general meeting, Thursday, April, 26, 2007, in Calgary, Alberta, Canada.
«The investigations, along with current discussions among shareholders, possible changes in the board of directors and management, will be a distraction,» Moody's said in a statement March 6, also highlighting the company's «weak credit metrics.»
He was repeatedly grilled by a shareholder about what he saw is a misalignment of interests with the board and management who owned few shares in the company.
It's a big part of Berkshire that stands to get only bigger, Buffett said in May at the company's annual shareholder meeting, adding that it's «hard to imagine a better - run operation.»
In response to a shareholder question about what could be done to speed up the glacial pace of adoption of electric car production by other car companies, Musk said he was «playing with doing something fairly significant on this front which would be kind of controversial with respect to Tesla's patents.»
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.
General Motors Chairperson and CEO Mary Barra speaks to the news media at the company's annual meeting of shareholders June 6, 2017 in Detroit, Michigan.
The tech company has also returned an additional $ 151 billion to shareholders since its fiscal year 2013 in the form of share buybacks — a move that has reduced share count and boosted earnings per share by about 21 % in the past four years, according to Silverblatt.
SoftBank has acquired a 15 % stake in Uber, through a combination of direct investment in the ride - hailing company and through buying the shares of existing Uber shareholder, Uber confirmed on Thursday, weeks after announcing that the transaction was underway.
As such, Proposal # 2 has the support of many of our shareholders,» the company said in a statement last week.
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.
Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore - based energy company Risco Energy Investments for $ 113.4 million will help fund exploration activities for two years and return capital to shareholders.
Regardless, common shareholders continue to show themselves willing to trade their voices in company oversight for the prospect of attractive returns.
An appointment of Woods to the top Exxon job could signal the company's board wants to continue to focus on cash generation in order to keep boosting shareholder payouts, rather than focus on pricey development projects, analysts have said.
As business leaders answer that question, they are redefining the role of business in society and reassessing the notion that the primary purpose of a company is to deliver profits for its shareholders.
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