Sentences with phrase «voting company shares»

At the time, he agreed to follow the credit - card issuer's recommendations in voting company shares.

Not exact matches

The elder Redstone controls about 80 % of the voting shares of both CBS and Viacom through a family holding company called National Amusements Inc., a chain of movie theaters started by his father (Shari Redstone controls the other 20 %).

The announcement came in a press release Thursday afternoon from National Amusements, the Redstone family holding company that owns 80 % of the voting shares in both Viacom and CBS.

That paved the way for Egyptian company Orascom Telecom Holdings, to convert its non-voting shares in Wind Mobile to voting shares in October, thus assuming control of the small wireless competitor.

Wesfarmers shareholders have delivered a mild rebuke to their board of directors, delivering a protest vote against a new share options scheme but supporting the company's remuneration report.

Facebook CEO Mark Zuckerberg, for example, tried to propose a share structure that would allow him to maintain voting control of the company even as he sold off most of his shares to support philanthropic causes.

What happens, according to a paper Martin Schmalz, assistant professor of finance at University of Michigan wrote with Jose Azar and Isabel Tecu of Charles River Associates, is that stock ownership becomes too concentrated when companies like Blackrock or Vanguard, two large managers of index funds, vote the shares of passive funds.

The company has more than 40 million Class B shares outstanding, which carry 10 votes per share.

Tanner argues investing even just a portion of it would allow for the government to purchase a commanding share of almost every major company in the U.S. Even if that money were invested in index funds (which is the approach Munnell supports), the way the government managed its voting rights could effectively allow it to «pick winners» among corporate entities.

And now MI Developments, a real estate company carved out of Magna's assets to support horse - track acquisitions in 2003, has struck a deal with Stronach to move to a one - share - one - vote system.

In a filing with the SEC submitted last Wednesday, the company revealed that 87.7 million shares had voted against the company's executive compensation plan in a Say on Pay vote at Cheniere's annual meeting on September 11.

Around 53 million of the total 164 million shares that voted opposed the reelection of David Kilpatrick, chairman of the compensation committee and, since 1998, the president of Kilpatrick Energy Group, a consulting firm to oil and gas companies; Vicky Bailey, president of Anderson Stratton International, LLC, a strategic consulting and government relations company in Washington, D.C; and private investor Keith Carney.

The power behind Fink's threat to enforce his views hinges, in part, on the standard of one share, one vote — that shareholders» voting power is based on the number of shares they own in a given company rather than the votes of entrenched founders or early investors.

Coke's plan passed, but yes votes represented less than half of the company's outstanding shares, after including abstentions and nonvotes.

By standing against one share, one vote, the founders of Google and Facebook oppose giving BlackRock the very voting rights required to enforce a long - term focus, should they ever (inadvertently) let their companies stray.

As a rule, Milner has said he doesn't take board seats in his later - stage investments, and rarely requires founders to hand over voting shares when issuing company stock.

(Holmes, who agreed to pay a $ 500,000 fine, forfeit shares, and give up voting control of Theranos, did not admit or deny the allegations; there is also an ongoing federal criminal probe into the company.)

Employees own the shares through the trust, but closely held companies can control the voting of the trust on almost all issues if they so choose.

SolarCity shares were up more than 1 percent, and shares of Tesla Motors were up slightly after shareholders for the two companies voted Thursday to approve a merger.

In a Medium post on Wednesday, Pincus announced that he will convert his super voting shares in the company into plain old Class A common stock.

«And gradually, companies that had those kinds of shares eliminated their non-voting shares and then replaced them with full voting rights.»

«It is entirely possible for companies not to have a PSC (person of significant control), For example, 4 shareholders with 25 % of the shares each, and 25 percent of the voting rights, none of them is a PSC.»

While a board of directors has a duty to maximize shareholder value by running a fair sales process, the Murdochs own about 17 percent of Fox and control the company through voting shares.

It is more important than ever that investment managers vote their shares to ensure companies act in the interest of shareholders, Bogle told me.

But the family remains in control, thanks to founder Ted Rogers» prescience in keeping near - total control over the company's Class A voting shares.

Mittleman has agreed that until July 1, 2019 it won't take any actions against Aimia, including soliciting proxies, voting any shares, calling a special meeting, proposing the removal of board members, engaging in short selling or making disparaging comments about the company.

Nonetheless all the directors were reelected by wide margins at the company's annual meeting last year, reflecting how Redstone controls a supermajority of the company's Class A voting shares through his holding company, National Amusements.

The 31 - year - old billionaire controls over 57 % of Facebook's voting shares yet reportedly earns a $ 1 salary from the company.

CDW is a one share, one vote company, unlike many tech companies including Facebook, Zynga, and Google, whose controlling shareholders make most of the decisions.

The eight members of the Beaudoin - Bombardier family — heirs of Joseph - Armand Bombardier, who invented the snowmobile — control the company through a dual - class share structure that gives class A shares, 54 % of which are owned by the family members, 10 votes apiece.

As Britain voted to leave the European Union, the Tata group is reviewing its UK strategies as spooked investors sold shares of its companies

Every newspaper company was eventually required to issue «management shares,» carrying greater voting rights than ordinary shares.

If a majority of shares are voted in favor of Michael Dell's plan to take the company private, Dell's biggest outside investor, Southeastern Asset Management, has indicated it might go to court to fight for a higher price.

Franken also took on Representative Tom Price, Trump's nominee for the Department of Health and Human Services, for owning shares in tobacco companies while voting to do their bidding in Congress and for getting a «sweetheart deal» on biotech stock.

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.

Shares of GW Pharmaceuticals PLC - ADR (NASDAQ: GWPH) were halted Thursday, ahead of a Food and Drug Administration vote on the company's cannabis -...

, for owning shares in tobacco companies while voting to do their bidding in Congress and for getting a «sweetheart deal» on biotech stock.

Two areas in particular might benefit from Kalanick's exit, keeping in mind he hasn't resigned from the Uber board nor given up his influential voting shares of the company's stock.

When Facebook staged its initial public offering six years ago, it implemented a dual - class share structure that means Zuckerberg personally controls a majority of the voting stock even though other investors own the majority of the financial value of the company.

* INMARSAT: Investors in Inmarsat voted against the British satellite firm's remuneration report as they made clear their unhappiness at executive rewards for a year in which the company's shares fell 35 percent.

Your bank or broker will have discretion to vote any uninstructed shares on the ratification of the appointment of the Company's independent registered public accounting firm (Proposal 4 in this Proxy Statement).

The company's management team usually votes as proxy for a large number of shareholders, because most shareholders, especially if they only own a few shares, do not attend the annual meeting.

If your shares are held through either the Company's 401 (k) Plan or Stock Purchase Plan, then Broadridge Financial Solutions, Inc. (Broadridge) will send you a «voting instruction form and proxy card» to designate your proxy to vote your shares.

If you vote by proxy card or voting instruction card and sign the card without giving specific instructions, your shares will be voted in accordance with the recommendations of the Board (FOR all of HP's nominees to the Board, FOR ratification of the appointment of HP's independent registered public accounting firm, FOR the approval of the compensation of HP's named executive officers, FOR the approval of an annual advisory vote on executive compensation, FOR the Hewlett - Packard Company 2011 Employee Stock Purchase Plan and FOR the approval of an amendment to the Hewlett - Packard Company 2005 Pay - for - Results Plan to extend the term of the plan).

If the other shares are widely dispersed, and not actively voted, ownership of more than fifty percent of a company is voting stock...

The affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of E&Y as Walmart's independent accountants for fiscal 2014; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Management Incentive Plan, as amended; and (iv) the adoption of each of the shareholder proposals.

Unless you indicate otherwise, the persons named as proxies on the proxy card will vote your Shares: FOR the election of each of the nominees for director named in this proxy statement; FOR the ratification of E&Y as Walmart's independent accountants for fiscal 2014; FOR the non-binding advisory resolution to approve the compensation of the company's NEOs; FOR the approval of the Management Incentive Plan, as amended; and AGAINST each of the shareholder proposals appearing in this proxy statement.

Furthermore, the rules governing companies listed on the NYSE and incorporated under Delaware law require us to submit certain matters to a vote of shareholders for approval, such as mergers, large share issuances or similar transactions, and the approval of equity - based compensation plans.

These shares usually have less voting rights than the Class A Shares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most voting rights and when they are issued to the sharehoshares usually have less voting rights than the Class A Shares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most voting rights and when they are issued to the sharehoShares, which are the preferred share by most investors, although the company or corporation has the right to designate which classification of shares has the most voting rights and when they are issued to the sharehoshares has the most voting rights and when they are issued to the shareholders.

At any meeting at which a quorum has been established, the affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of EY as Walmart's independent accountants for fiscal 2016; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Stock Incentive Plan of 2015; and (iv) the adoption of each of the shareholder proposals.