Sentences with phrase «value for shareholders in»

He prefers to paint his role in those years with the same «activist investor» brush he holds today, arguing that he has created tens of billions of dollars of value for shareholders in companies in which he invested.
Our focus remains on the cross platform opportunities in front of us and finding the best ways to continue to create value for our shareholders in to the future.»

Not exact matches

Tencent lost more than $ 51 billion in market value in two days last week on news of largest shareholder Nasper Inc's 2 percent stake reduction for $ 9.8 billion, and also management's warning of margin pressure.
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.
«Decades ago, shareholders in Delaware corporations were granted the right to seek appraisal in mergers where they believe they are not receiving fair value for their shares,» a spokesperson for the firm told Fortune.
However, the executive maintained that «going forward, we remain confident in our ability to keep generating premium value for our customers and premium return for our shareholders
Metals X looks set to succeed in its long - running battle for control of Aditya Birla Minerals, with the takeover target recommending shareholders accept an increased offer that values the company at about $ 103 million.
In this role, he leads business and financial strategies for the company to deliver profitable growth and long - term shareholder value, and sets direction for the finance, operations, supply chain and information technology functions.
That increases the shares outstanding and dilutes the stake of existing shareholders, since shares issued by the company through the exercise of options are not sold in exchange for cash at fair market value but are exercised at a discount.
Westfield, which owns and operates 35 shopping centers in the United States and United Kingdom valued at $ 32 billion, said the transaction was «highly compelling» for Westfield and Unibail - Rodamco's shareholders.
«After an extensive evaluation of all final proposals received, the Special Committee decided on the proposed scheme, which we believe is compelling and value - enhancing for all shareholders,» Seek Ngee Huat, chairman of GLP's board, said in a joint statement with the winning consortium.
«In due course, we will also review all options regarding the ownership structure of Triton Knoll to maximize value for our company and our shareholders,» he added.
He wants to make sure that the people running the company behave in a way that will build value for shareholders.
Business Insider believes in companies that not only achieve great financial success, but that create lasting value for their shareholders, employees, consumers, and society.
In the U.S., we generally believe that publicly - held firms are to be managed for «shareholder value» (technically, the Securities Exchange Commission's Code of Ethics for CEOs only requires the firm to provide full, fair, accurate and timely financial reporting, and to flag any known conflicts of interest or violations of securities law, but state laws often impose stricter fiduciary duties on the firm's top managers).
You may well hear people point out that there's no evidence that splitting the roles of CEO and chair is beneficial, in the sense of increasing long - term shareholder value (or in terms of any other outcomes, for that matter).
«For the remainder of 2014 we will focus on our multi-layered growth strategy, which incorporates same - store sales growth, leverage from higher sales, deployment of free cash flow, increasing royalty revenues and new drive - in development to build shareholder value,» Sonic CEO Cliff Hudson said in a statement.
«The values we are creating for shareholders is tied to the values that guide us as an organization,» said Starbucks CEO Howard Schultz in a statement.
Cree believes that these non-GAAP measures, when shown in conjunction with the corresponding GAAP measures, enhance investors» and management's overall understanding of the Company's current financial performance and the Company's prospects for the future, including cash flows available to pursue opportunities to enhance shareholder value.
The shareholders are ultimately the «boss» of the board in the sense that the board serves as their proxy for enhancing intrinsic value, yet boards typically hear about shareholder concerns indirectly and often not attributed to any specific shareholder.
The less MC vs. EV, the less residual shareholders» value (above what debt holders can claim) the market is pricing - in for the company.
You Have to Watch Out for Yourself It's one of the first things they tell you in business school and you hear it for the rest of your work life: Your role in management is to enhance shareholder value.
LONDON / FRANKFURT / MILAN, May 2 (Reuters)- U.S. hedge fund Elliott is stepping up its activities in Europe, a Reuters review of data shows, as it sees more opportunities to unlock value for shareholders by pushing through management changes, company break - ups and merger deals.
LONDON / FRANKFURT / MILAN, May 2 - U.S. hedge fund Elliott is stepping up its activities in Europe, a Reuters review of data shows, as it sees more opportunities to unlock value for shareholders by pushing through management changes, company break - ups and merger deals.
Hedge fund Elliott has taken a stake of almost 3 percent in Sky, according to its latest filing, and other shareholders have also argued that Disney's agreement to buy Fox implies a higher value for Sky.
«Elliott believes that the management team led by Mr Genish, together with an independent board, should evaluate whether and when to carry out strategic initiatives, in the best interest of value creation for all shareholders,» it added.
In a statement the Foodland board said it was continuing discussions with other potential bidders in order to maximise value for shareholderIn a statement the Foodland board said it was continuing discussions with other potential bidders in order to maximise value for shareholderin order to maximise value for shareholders.
In summary, we have not seen anything to give us any confidence that Tribune on its own, with the resources and competitive position it has today, can achieve over any reasonable period of time the value for shareholders that we believe can likely be achieved through a transaction with Gannett
For shareholders, the deal «provides them with immediate and compelling cash value and the opportunity to meaningfully participate in the long - term growth potential of a powerful combined company,» ILG Chief Executive Officer Craig Nash said in the statement.
«This partnership presents an opportunity to maximize value for Whole Foods Market's shareholders, while at the same time extending our mission and bringing the highest quality, experience, convenience, and innovation to our customers,» Whole Foods CEO John Mackey said in the release.
Altria said in a statement that «a combination of these two companies would create significant value for all SABMiller shareholders,» and that «Altria supports a proposal of 42.15 pounds... and, subject to finalization of terms, would be prepared to elect the partial share alternative.»
After Herzer's lawsuit, value investor Mario Gabelli, the second - largest voting shareholder in Viacom, called for the media company to disclose the state of Redstone's mental competence.
«We are very pleased that MSG's board of directors and management have committed to pursue a plan to enhance value for all MSG shareholders through the combination of a share repurchase program and contemplated business spin - off... We look forward to the full and timely implementation of these plans,» JAT Capital Management LP said in an email to Reuters.
Nestlé has been a leader in the «shared value» movement — an effort to show businesses can do good in the world, even as they are doing well for shareholders.
So we want to be aggressive in going after deals, but we want to do deals that create value for our shareholders
«The prospect of combining with Sprint has been compelling for a variety of reasons, including the potential to create significant benefits for consumers and value for shareholders,» said John Legere, President and CEO of T - Mobile U.S., in a statement.
WE recently held a Business Forum during which a selection of eminent business leaders in Western Australia presented on the topic of Managing for Shareholder Value into 2002.
Humphrey, who works with numerous CFOs and accountancy experts in a consulting capacity, says they need to be both Chief Trusted Advisor and Chief Future Officer, defining the vision and creating the reality for what a company needs to become while delivering long - term shareholder value.
«However, we have been clear all along that a deal with anyone will have to result in superior long - term value for T - Mobile's shareholders compared to our outstanding stand - alone performance and track record,» he added.
Following Matrix's listing, which is underwritten by stockbroker DJ Carmichael, Majestic will be paid $ 5 million for its assets on a staged payment basis, while Murchison shareholders will be offered in - specie shares — to the value of $ 5 million — in Matrix.
Had the director defendants terminated the joint venture agreements, they would have been able to engage in a fair and equitable bidding process and achieve a fair value and control premium for Xerox shareholders.
«I think the algorithm for creating shareholder value in the private markets right now is: Find a great market, put together a great team, have technology at the heart, and establish your position as the perceived leader,» Galloway said.
«In addition, in those conversations he failed to lay out any alternative strategic plan with the potential to unlock value for shareholders or to provide compelling reasons as to why these businesses belong together.&raquIn addition, in those conversations he failed to lay out any alternative strategic plan with the potential to unlock value for shareholders or to provide compelling reasons as to why these businesses belong together.&raquin those conversations he failed to lay out any alternative strategic plan with the potential to unlock value for shareholders or to provide compelling reasons as to why these businesses belong together.»
As part of the launch of the S.O.S. Initiative, Schneiderman and Gascón commended New York State Comptroller Thomas P. DiNapoli for urging the four leaders of the smartphone industry to protect consumers, and shareholder value, by working with law enforcement agencies and government officials to pursue a meaningful solution to the spike in smartphone thefts.
The new company expects to create substantial value for T - Mobile and Sprint shareholders through an expected $ 6 + billion in run rate cost synergies, representing a net present value (NPV) of $ 43 + billion, net of expected costs to achieve such cost synergies.
Lerman is also a shareholder in ClassPass, a New York startup that lets you take a bunch of fitness classes for a low monthly price, which was most recently valued at $ 400 million.
John Legere, chief executive of T - Mobile, said in the statement that the prospect of combining with Sprint was compelling, but «we have been clear all along that a deal with anyone will have to result in superior long - term value for T - Mobile's shareholders compared to our outstanding standalone performance and track record.»
In the past, Ackman had been openly critical of Ullman, saying as recently as last May that the department store operator had been chronically mismanaged and had failed to create value for shareholders for the last 20 years.
Elliott disclosed a 7 percent stake in Mednax last month and said it would discuss several options to boost value for shareholders, including a sale of the company.
It's hard to imagine these incentive structures didn't impact the decision of Men's Wearhouse to reject the lucrative buyout offer from Jos. A. Bank in favor of a much riskier and value - destroying deal for shareholders.
a b c d e f g h i j k l m n o p q r s t u v w x y z