Sentences with phrase «voting rights of shareholders»

FORTUNE — We've seen companies like News Corp (NWS), Blackstone (BX), and LinkedIn (lnkd) chip away at shareholder rights by limiting the voting rights of shareholders.

Not exact matches

«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.»

Because the founders currently hold majority - voting rights, the plan does not require that shareholders give their consent to the dilution of their future voting power.

We believe in one share one vote as a fundamental right of shareholders,» says Ann Yerger, the council's executive director.

Turner says he'd also give shareholders the right to annually vote on the appointment of auditors selected by the audit committee.

Yahoo and another large shareholder, SoftBank, agreed to reduce their voting rights to 49.9 percent, even though the two combined still own more than half of Alibaba.

As owners of a company, both common and preferred shareholders have voting rights related to the board of directors, ultimately influencing control over the company's activities and direction.

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.

«There should not be unequal voting rights as they could allow management or minority share owners to override the wishes or best interests of majority shareholders for personal benefit and compromise accountability, leading to potential entrenchment issues,» Mary Leung, head of advocacy for Asia at CFA Institute, an association of investment professionals, said in a statement.

The board of directors also voted to remove super-voting rights from some shareholders, Axios reports.

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 shareholders.

[3] Most followed a middle path, limiting the voting rights of large shareholders.

Put simply, Delaware law recognizes that the «right of shareholders to participate in the voting process includes the right to nominate an opposing slate.»

One of the governance principles is that «Shareholders should be entitled to voting rights in proportion to their economic interest...» In other words, the Group does not favour multi-voting share structures that characterize over 80 companies on the TSX and that have been popular in Canadian IPOs over the last few years (see comments on Aritzia's IPO here).

Legislative suspicion of the corporate form and fear of the concentrated economic power it represented probably motivated the early efforts to limit shareholder voting rights.

As such you have the right to vote during shareholder meetings and are entitled to your share of their profits.

In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..

An equity fund pays investors dividends which vary depending on market conditions and the over all performance of the fund... Shareholders are also rewarded with dividends form capital appreciation (an increase in the value of the fund based on market conditions) Equity funds let shareholders benefit from a good performing company, and this along with voting rights, mShareholders are also rewarded with dividends form capital appreciation (an increase in the value of the fund based on market conditions) Equity funds let shareholders benefit from a good performing company, and this along with voting rights, mshareholders benefit from a good performing company, and this along with voting rights, makes them...

The young Macron and the veteran Renault head man have already butted heads regarding the «Loi Florange», a piece of legislation which granted long - term shareholders in French companies double voting rights, unless a contrary clause was adopted in a company's articles of association.

Most of the time being a shareholder would give you voting rights on issues within the corporation.

Except as provided in Sections 3 or 11, Participant shall not have voting, dividend or any other rights as a shareholder of the Company with respect to the unexercised Option.

These investors are typically wary of foregoing the rights associated with being a shareholder such as: voting rights, control rights, pro-rata rights, and liquidation preferences.

Upon exercise of a vested Option into Shares, Participant will obtain full voting and other rights as a shareholder of the Company with respect to such Shares.

Upon settlement of the Award into Shares, Participant will obtain full voting and other rights as a shareholder of the Company with respect to such Shares.

Except as provided in Sections 9 and 15, Participant shall not have voting, dividend or any other rights as a shareholder of the Company with respect to the unvested Shares.

Shareholder — The people or organizations who posses some quantity of equity ownership of a company, usually in the form of stock; depending on the ownership formula, shareholders may be entitled to voting rights, dividend payments, or certain degrees of influence in the company, or bear accountability for its management

Because CTK confer no governance rights or shareholder voting rights of any kind with respect to the CRYPTYK platform or the Company, all decisions involving the Company's products or services within the platform or the Company itself will be made by the Company at its sole discretion.

Shareholders may be adversely affected by lack of regular shareholder meetings and no voting rights.

The Shareholders lack of voting rights gives all control under the Trust Agreement to the Sponsor and the Trustee.

There were 2446 shareholders present to hear the intervention, representing 73.5 % of voting rights.

In all elections of directors, each shareholder shall have the right to vote the number of shares owned by him for as many persons as there are directors to be elected -LSB-...] and in deciding all other questions at meetings of shareholders, each shareholder shall be entitled to one vote on each share of stock held by him; -LSB-...]

We clearly need to give more powers to long term shareholders, reduce the voting rights of short term speculators, reduce the power of CEOs on boards, and increase the power and independence of non-executive board members.

It says the move follows the pledging of shares and voting rights of the consortium of shareholders in adb Bank.

If the sale does go through then, Meetic's CEO and founder, Marc Simoncini, will still be the main shareholder with over 20 % and 36 % of the voting rights.

Preferred Stocks: Preferred shareholders also share some degree of ownership in a company but they don't have the voting rights like common shareholders.

One of the key rights you have as a shareholder is being able to vote.

This type of ETF bears a strong resemblance to a closed - ended fund but, unlike ETFs and closed - end mutual funds, an investor owns the underlying shares in the companies that the ETF is invested in, including the voting rights associated with being a shareholder.

In addition, the underlying issuers of certain depository receipts, particularly unsponsored or unregistered depository receipts, are under no obligation to distribute shareholder communications to the holders of such receipts, or to pass through to them any voting rights with respect to the deposited securities.

An arrangement to place the control of a company in the hands of certain managers for a given period of time, or until certain results have been achieved, by shareholders surrendering their voting rights to a trustee for a specified period of time.

At WGI's upcoming annual meeting, I would expect Jaguar and Cinnamon to vote against the confirmation of WGI's shareholder rights plan.

The purpose of the rights offering is to get shares of GYRO into «friendly» shareholder hands that will participate in a shareholder vote and approve the liquidation.

Presumably those shareholders who did not participate in the last 3 shareholder votes will not exercise their rights, allowing those who participate to oversubscribe, become larger owners of GYRO and, if all goes well, provide the necessary 2/3 favorable shareholder vote to remerge the entities and thus provide a path to liquidation within the stipulated timeframe.

Common stock, also known as ordinary shares and common shares of stock, grant the shareholder a proportion of the company's dividends, voting rights, and earnings growth.

Shareholders are given the right to vote on the board of directors and other major decisions at an annual meeting or via a proxy ballot.

When you own a share, you have the right (but not obligation) to attend the shareholder's meeting for that company, vote on important company decisions, and you have a right to a share of any future earnings that company makes.

«Preferred» stock usually gives up the voting rights, but pays a higher dividend percentage (maybe double or triple that of common stock) and may have payment guarantees (if a promised dividend is missed in one quarter and then paid in the next, the preferred stockholders get their dividend for the past and present quarters before the common shareholders see a penny).

These kinds of shares generally carry a fixed dividend that needs to be paid out before the company can distribute any dividends to common shareholders, and preferred stock usually has no voting rights.

Each share class represents an interest in the same assets of the Funds, has the same rights and is identical in all material respects except that (i) each class of shares may be subject to different (or no) sales loads, (ii) each class of shares may bear different (or no) distribution fees; (iii) each class of shares may have different shareholder features, such as minimum investment amounts; (iv) certain other class - specific expenses will be borne solely by the class to which such expenses are attributable, including transfer agent fees attributable to a specific class of shares, printing and postage expenses related to preparing and distributing materials to current shareholders of a specific class, registration fees paid by a specific class of shares, the expenses of administrative personnel and services required to support the shareholders of a specific class, litigation or other legal expenses relating to a class of shares, Trustees» fees or expenses paid as a result of issues relating to a specific class of shares and accounting fees and expenses relating to a specific class of shares and (v) each class has exclusive voting rights with respect to matters relating to its own distribution arrangements.

Voting power analysis sheds new light on one part of this story — a dispute between the majority shareholder and the company over voting rights.

As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.