Sentences with phrase «subordinate voting»

The purchase price comprised a cash payment of $ 41.5 million and the issuance of 230,747 Class B subordinate voting shares in the share capital of Logistec.

Up until November of 2015, MDC listed its Class A subordinate voting shares («common shares») on both the TSX and the NASDAQ.

Some Canadian companies, such as Bombardier and Teck Resources, have two classes of common shares: voting and non-voting (or multiple voting and subordinate voting).

Recently, the company repurchased and cancelled 3.2 million class A subordinate voting shares held by Serge Godin, its founder and executive chairman.

The $ 0.10 (Canadian) dividend yields 2.0 % for the class A voting shares; the $ 0.102 dividend paid on the more liquid class B subordinate voting shares also yields 2.0 %.

The company behind Harvey's and Swiss Chalet has also granted the underwriters an over-allotment option for an additional 1.3 million subordinate voting shares.

By mandating disclosure of superior and subordinate vote results separately, subordinate shareholders will be able to view how insiders are actually voting.

Not exact matches

While common stockholders are afforded certain voting rights, economic participation in the event of a liquidity event or declaration of dividends is subordinate to creditor and preferred shareholder cash distributions.

SHARE director of law and policy Laura O'Neill said the only other directors she knows of who failed to win majority support this year were on the board of Quebecor Inc., where holders of class B subordinate shares voted just 43 per cent in favour of electing the entire board as a slate.

Our class was intrigued by the curtailment of Marian piety that seemed to mark the Second Vatican Council, which, in a famously narrow vote, subordinated Mary to ecclesiology.

During the parliamentary campaign, Russians using smartphones filmed authority figures cajoling or offering money to subordinates to get out the vote for United Russia.

If he wants to subordinate drinking water protection to subsidizing agriculture, he and his friends in the county Legislature should put the matter to a vote.

If they follow the staff recommendation and vote to close successful schools for the most «compliance - driven» reasons possible, it would only exacerbate the current dysfunction and send a signal to parents that educating children is still subordinate to bureaucratic mandates.

Non-voting and subordinate - voting shares only have meaningful voting rights in extraordinary circumstances.

So, if you hold non-voting or subordinate - voting shares, you won't miss out on a takeover bid.

In these circumstances, would people turn out to vote for the second chamber, particularly when it is considered to be legally and constitutionally subordinate to the more dominant Commons?

Ted Opitz is a Conservative MP today because the Supreme Court determined that, under its «substantive approach,» the Election Day «procedures» of the Canada Elections Act are subordinate to the Charter right to vote.