Sentences with phrase «using shareholder funds»

And investors should challenge the strategies of companies which are using shareholder funds to develop high - cost fossil fuel projects.

«Despite the recent Paris Agreement on global warming, the fossil fuel industry is still systematically trying to stall progress, and using shareholder funds to do so,» warns a new report by London non-profit organisation InfluenceMap.

Not exact matches

Shareholders in Barrick Gold — including seven major pension funds — used such a measure to express displeasure over an $ 11.9 - million signing bonus for its co-chairman.

You recognise that adverse consequences may result for Fund shareholders if the Holdings Information is used for inappropriate trading purposes.

You recognize that adverse consequences may result for Fund shareholders if the Holdings Information is used for inappropriate trading purposes.

Public employee pension funds are vulnerable to being used as a vehicle for advancing political / social goals unrelated to shareholder interests generally.

Disclose Company's Own Political Spending If a company chooses to use its own funds for direct campaign spending, the issue raised in many shareholder proposals is whether such corporations should — in addition to the governance procedures noted above — issue a comprehensive report which lists in one place all the recipients both of such direct spending and of contributions made from the company's employee PAC.

There are rules stating how much of their profit they have to distribute to shareholders (90 %), but, like dividend income funds, used without other investments they might be considered to overexpose to a single asset class.

Kinder Morgan Chairman and CEO, Steve Kean stated in the company announcement that «as KML has repeatedly stated, we will be judicious in our use of shareholder funds.

Unable to establish if RGC Resources will efficiently use shareholders» funds in the future without estimates of Return on Equity.

RGC Resources has not efficiently used shareholders» funds last year (Return on Equity less than 20 %).

Even if some of the parties are uninsurable, you can still use insurance to fund your buy - sell agreement, but you will need to structure alternate financing for the uninsurable shareholders.

Ah, of course the shareholders can vote on use the reserve funds (around 370 million) for other activities but they didn't so here we are.

I don't believe we will bring anyone in, in the January transfer window, because Kroenke is stockpiling Arsenal funds to use them as collateral for his LA Rams move, and possibly for a takeover bid of the other Arsenal shareholders, following in those esteemed Glazer footsteps.

«Without disclosure, there is no way to know whether corporate funds are being used in ways that go against shareholder interests,» DiNapoli said in astatement releasedlast Thursday.

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.

Limited is aiming to use its huge billion dollar cash pile for funding the growth of the company which includes acquisitions, which is the tech giant's investor relations main person stated, as more and more shareholders are clamoring for larger dividends.

Form 2439, used in the rare occasions when a mutual fund makes an «allocation» of capital gain instead of distributing it to shareholders.

Later, once I get going, I would look to set up a mutual fund for smaller accounts, perhaps by buying up the management contract for a failed mutual fund, and using the tax losses to shield initial income for my shareholders.

If the interest expense of the borrowing is greater than the return on the securities bought, the use of leverage will decrease the return to shareholders in the Fund.

In addition to income and gains, each Fund can also pass through losses, which shareholders may use to reduce their personal taxes.

I just think that dispositions represent a source of cash flow that can be used to return to shareholders or fund growth initiatives and can thus have an impact on share prices.

When a shareholder buys or redeems fund shares, the official NAV would be used as the net asset value per share.

Some funds using complex strategies can carry expense ratios of 2 % or more, a significant headwind when trying to maximize shareholder value, and those expenses eat into shareholder returns.

The IRS approved method Transamerica Funds uses to track shareholders» cost basis of fund shares of taxable non-money market accounts.

It ought to be instructive to Third Avenue Value Fund (TAVF) shareholders to compare how Third Avenue uses accounting disclosures with how the great majority of securities analysts in research departments use accounting disclosures.

REIT: A REIT, or Real Estate Investment Trust, is a real estate holding company that invests in real estate using funds from shareholders, similar to a mutual fund.

The Fund's investments are selected using a strong valuation discipline based on industry specific metrics, to purchase what the Fund manager believes are well - positioned, cash - generating businesses run by shareholder - oriented management teams.

Through active funds, money managers got used to the idea of taking 1 % off the top on an annual basis, regardless of whether the funds they managed produced gains or lost money for their shareholders.

Instead it was announced that the company will buy a new deep - water rig; this means that any improved cash flows from the existing platforms most likely will be used to fund the new build rather than being paid out to shareholders.

A trust's directors are there to look out for the interests of shareholders, which involves ensuring they are getting value from the fund managers they use.

We request that the Board of Directors consider whether shareholder returns on other proposed uses of these excess funds are indeed superior to a share buy - back.

This promiscuous use of shareholders» cash (plus debt) to fund expansion at all costs, and regardless of return, smacks of a management team severely lacking in judgement.

As for Newmark's cash, using it to fund share buybacks & bolt - on acquisitions would also add substantial shareholder value.

To avoid endless disagreement, and / or a significantly undervalued tender offer / buyout, shareholders agreed NTR will use its available cash to fund a share redemption, so shareholders will realise in cash virtually all their current investment in NTR (based on current share price).

Financial covenants often limit the borrower's purchase of new assets, changes in control, the use of the borrowed funds, and the payment of dividends (so that shareholders can not vote to pay themselves huge dividends, leaving nothing for the creditors).

The Funds» distributor and other entities are paid under the Plans for services provided and the expenses borne by the distributor and others in the distribution of Fund shares, including the payment of commissions for sales of the shares and incentive compensation to and expenses of dealers and others who engage in or support distribution of shares or who service shareholder accounts, including overhead and telephone expenses; printing and distribution of prospectuses and reports used in connection with the offering of the Funds» shares to other than current shareholders; and preparation, printing and distribution of sales literature and advertising materials.

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..!

He's prized these companies for their growth potential, so when the odd one started paying dividends to shareholders rather than using all available dollars to fund growth, he usually concluded they had passed their innovative prime.

Unlike a deferred sales load, a redemption fee is paid to the fund (not to a Stockbroker) and is typically used to defray fund costs associated with a shareholder's redemption.

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.

The fund may use the lines to meet large or unexpected redemptions that would otherwise force the fund to liquidate securities under circumstances which are unfavorable to the fund's remaining shareholders.

Each fund may use the lines to meet large or unexpected redemptions that would otherwise force a fund to liquidate securities under circumstances which are unfavorable to a fund's remaining shareholders.

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.

The proceeds from the term loan were used to fund a special dividend of $ 350.0 million to our shareholders.

They alleged that despite IQT's insolvency, the defendants transferred IQT Ltd.'s assets and funds into a bank account administered by JDA Partners (which has the same shareholders as IQT) and used those funds for their own purposes including travels, monthly golf and country club dues, cars, and quarterly dividend payments to the Mortmans» family and friends.

He has acted for the liquidator in Edennote v Terry Venables; successfully resisted the winding - up of Stock, Aiken & Waterman; acted for the preference shareholders in the Barings dispute; advises on claims involving the transaction avoidance provisions of the Insolvency Act; appeared in Edward Klempka: In Re Parkside — important authority on the question of what amounts to a preference when dealing with common directorships; acted for the Cayman Islands» appointed SPC Receiver in the # 100m Axiom LItigiation Funding Fraud case which involved the first case of a SPC Receiver being recognised under the Cross-Border Insolvency Regulations 2006; has recently advised on several schemes of arrangement; regularly advises on recovery of assets in an insolvency context using the transaction avoidance rules.

Respondents are reminded that it can be improper to use company funds to defend a petition where, in reality, the dispute is between shareholders.

It is used by business people to cover outstanding loans, to fund buy - sell agreements in the event that a partner or shareholder dies in the initial years of a new business, or for key employee life insurance.

Shareholders, mainly representatives of investment funds holding shares of Daimler AG, raised questions about whether, in the aftermath of the scandal around the cheating on the emissions tests used by Volkswagen, it was wise for Daimler and Mercedes - Benz to continue investing in diesel technology.