For instance, if a company pays high prices for its own shares, then it's not
using shareholder capital effectively.
Not exact matches
Calls on executives to
use capital more constructively could yet have a bearing on a number of deals in the pipeline, particularly if
shareholders withdraw support in favour of more organic investment, the investors said.
We know buybacks tend to destroy
shareholder value by
using capital to buy an overvalued asset.
«U.S. multinational corporations can defer paying tax on profits they earn abroad indefinitely by agreeing not to
use the earnings for certain purposes, like paying dividends to
shareholders, financing domestic acquisitions, guaranteeing loans, or making investments in physical
capital in the U.S..
It is one metric
used to judge company efficiency, indicating how effectively the company
uses shareholders»
capital to generate profits.
With many large companies maintaining huge cash balances, especially in the tech industry,
shareholders fume at the idea that they aren't putting their
capital to better
use.
The Berkshire culture to never sell a subsidiary, to centralize
capital allocation, allow subsidiaries to
use their own unique business systems with zero interference from HQ, fair management compensation plans, treating
shareholders like partners, to act quickly on ever deal, to pass up back deals, to have the Rock of Gibraltar balance sheet with available cash to invest when the market crashes, to pay cash for quality businesses instead of issuing stock and to attract a unique set of business owners who would only sell to Berkshire.
After the initial introduction, the Bain
Capital deal team slowly built trust and rapport with APMG management and
shareholders,
using its network to secure access to key decision makers.
He expressed shock that the illegalities at both UMB and the ADB are going on right under the nose of the regulator, Bank of Ghana, because the BoG is complicit in the government's wanton vandalism of laws that has seen the
use of the GCB to acquire two collapsing banks, UT and
Capital, without recourse to
shareholders.
Corporate Finance: Corporate back is the territory of fund managing the wellsprings of subsidizing and the
capital structure of enterprises, the moves that supervisors make to build the estimation of the firm to the
shareholders, and the instruments and investigation
used to assign money related assets.
It tells you how effectively the company
uses shareholders»
capital to generate profits.
New York — Pershing Square
Capital Management, L.P., and Professor Ronald J. Gilson, who has been nominated by Pershing Square to serve as an independent director of Target Corporation (NYSE: TGT), expressed disappointment with Target's response to Professor Gilson's letter seeking the
use of a universal proxy card, naming both Target's and Pershing Square's nominees, for
use in connection with Target's upcoming Annual Meeting of
Shareholders.
Form 2439,
used in the rare occasions when a mutual fund makes an «allocation» of
capital gain instead of distributing it to
shareholders.
In other words, instead of issuing stock to raise
capital, companies can
use debt financing to invest in business operations in an attempt to increase
shareholder value.
If a company consistently increases earnings per share and shows good
use of
capital over the long - term, then management is doing something right for individual
shareholders.
He also sees opportunities in these sectors for
capital allocation that can enhance
shareholder returns, either by
using excess free cash flow to buy back stock, or acquire competitors and operate the combined company more efficiently.
It is one metric
used to judge company efficiency, indicating how effectively the company
uses shareholders»
capital to generate profits.
And if they are judicious stewards of
shareholder capital, they can also
use excess cash to pay down debt.
But Buffett is not masking stock issuance, he is purely concerned with building
shareholder value and sees an investment in his own stock (and hence the various companies he owns) as the best
use of
capital.
Share repurchases are just one way that companies can
use excess
capital, with paying dividends to
shareholders being the other obvious choice.
First, re-set the company's
capital structure with share repurchases:
Use available cash & a conservative level of debt to make a substantial return of
capital to
shareholders via a tender offer.
To the extent that these carryforwards are
used to offset future
capital gains it is probable that the amount offset will not be distributed to
shareholders.
What really alarms me about some of these dividend payers is that they're
using leverage or even
shareholders»
capital to fund some / all of their dividends..!
The real problem here is still
capital allocation — GBP 117 M is an absurdly large balance sheet to support the asset management business, and it's dangerously tempting to
use it for acquisitions (an idea management's now floating, but which many
shareholders would actively oppose).
A fund's
use of «TBA rolls» may cause the fund to experience higher portfolio turnover, higher transaction costs and to pay higher
capital gain distributions to
shareholders, which may be taxable, than if it acquired exposure to mortgage pools through means other than TBA transactions.
Share repurchases are often
used to the fill the gap between excess
capital and dividends, so that the company can return more to
shareholders without being locked into a pattern.
The fund's
use of «TBA rolls» may cause the fund to experience higher portfolio turnover, higher transaction costs and to pay higher
capital gain distributions to
shareholders, which may be taxable, than if it acquired exposure to mortgage pools through means other than TBA transactions.
Since we
used the treasury shares for the
capital alliance with DeNA at the beginning of this fiscal year ending March 2016, the current number of treasury shares is less than that described on the convocation notice for the general meeting of
shareholders, but is not a dramatic decrease.
Forgone
capital expenditure can be
used to increase
shareholder cash returns — buybacks if management believes that the company is undervalued, dividends if not.
«Given the amount of money you're spending on high - cost, high carbon projects... given your demand restraints due to carbon asset risks, we think a more prudent
use of
capital is to return more money to
shareholders through dividends and share buybacks.»
Buying and selling companies: advising companies and
shareholders, including advice on corporation tax and
capital gains tax and the
use of different types of loan notes
Main areas of work Antitrust and competition; bankruptcy and restructuring; corporate (asset management,
capital markets, corporate governance, derivatives, environmental, finance, mergers and acquisitions, private acquisitions and private equity); energy and energy enforcement; executive compensation and employee benefits; financial services; intellectual property and technology; international arbitration; international trade and investment; litigation (antitrust litigation, commercial litigation, government contracts, healthcare fraud and compliance, securities and
shareholder litigation, securities enforcement and regulation, white collar criminal defense and securities enforcement); pro bono; real estate (corporate; acquisitions, dispositions and related financings; restructuring and financing; leasing; land
use, construction and development); tax; trusts and estates; white collar criminal defense.
Apple, which has $ 145 billion of cash, said yesterday it plans to
use debt to help finance a $ 100 billion
capital reward for
shareholders after a 42 percent stock plunge.
The company
uses the
capital infusion to pay off the old debt and fund new acquisitions, which enables the REIT to generate new value for
shareholders out of a mature asset.