Sentences with phrase «voting shareholder of»

-- A licensed Realtor who is the voting shareholder of the PREC and who would be an employee of another entity but for the existence of the PREC would be considered to be operating a «personal services business» (PSB) with adverse income tax consequences.

«That was an opportunistic move, a very clever tactic,» said Mario Gabelli, whose Gabelli funds make up the second - largest voting shareholder of Viacom and CBS, behind the Redstones.

Not exact matches

MILAN, April 23 - A judge ruled in favor of an appeal by Telecom Italia and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.

JPMorgan Chase Chief Executive Jamie Dimon, who won a strong vote of confidence from shareholders last month, on Tuesday defended the disclosures the bank made last year about its unfolding London Whale derivatives loss.

JERSEY CITY, N.J. / BOSTON, May 2 - Goldman Sachs Group Inc leaders said more than 87 percent of shares were voted in favor of its executive pay at its annual shareholder meeting, and that a stock plan for employees was approved by more than 65 percent of votes cast.

Programmed Maintenance Services» $ 424 million takeover of its larger competitor Skilled Group is a step closer to fruition, after Skilled shareholders voted in favour of the scheme of arrangement today.

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.

In November 2009, Facebook's board of directors voted to establish a dual - class stock structure, moving the existing shareholders stock from Class A to Class B shares, which carry 10 times the voting power.

Almost two thirds of ExxonMobil shareholders voted in favour of a motion asking the company to report on the impacts of climate change.

While a majority of Goldman Sachs (gs) shareholders voted in favor of executive pay plans on Friday at the bank's annual meeting in its Jersey City offices, around 34 % did not.

But the only shareholders who can collect the rest of the money that the court deemed their shares were worth are those who voted against the deal, and Magnetar is the largest of just a few investors who did, according to The Wall Street Journal.

Under the proposed demerger, which is subject to regulatory approval and a shareholder vote in the first half of 2015, he said there would be benefits for both companies and all shareholders.

Taking it one step further, the board also plans to state that it will abide by the vote of shareholders on this proposal.

Shareholders will now have one vote per share, ending a class of supervoting shares in a move that substantially decreases the power of Kalanick and some other early investors.

Second, performance of directors should be much more public so shareholders can make a more informed decision when they vote.

Einhorn, fund manager for Greenlight Capital, accused Apple of cash hoarding earlier last week and is encouraging shareholders to vote against Apple's proxy because he thinks proposition two will kill the option of Apple issuing preferred stock.

CalPERS, the California Public Employees» Retirement System, which voted in favor of the climate change proposal at Exxon's shareholder's meeting Wednesday, also released a statement.

Critics complain «say on pay» votes are ineffectual because boards aren't bound to the results, but of the 53 U.S. companies for whom shareholders rejected compensation plans in 2012, 45 made changes and got positive votes the following year, according to Institutional Shareholder Services.

Amaya's annual meeting has been delayed until July 30, when shareholders will vote on the creation of a new class of convertible preferred shares that are part of the transaction.

A shareholders meeting is expected to be held by the end of November where they'll vote on whether or not to accept it.

Wellad's third - largest shareholder says it plans to vote against the live cattle exporter's remuneration report and has asked shareholders to back the appointment of one of its representatives to the board.

Exxon Mobil (xom) has stepped up efforts to persuade investors to vote against climate - related proposals at Wednesday's annual meeting with a campaign of calling, writing and lobbying shareholders in person.

Mike Garland, executive director of corporate governance for New York City Comptroller John Liu's office, which has a $ 550 million investment in JPMorgan Chase, said «it was a disservice to shareholders that the vote became a referendum on Jamie Dimon.

The creditors of Atlas Iron have voted in favour of the iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next week.

Tap Oil shareholders have lodged a big protest vote, with more than 35 per cent of votes cast against three resolutions at today's annual meeting, with dissident shareholder Chatchai Yenbamroong accounting for a large share of the opposition.

IBM shareholders CalSTRS and The State Board of Administration for the Florida Retirement System (SBA FLA) each voted against Rommety's proposed pay package at the company's annual general meeting.

Over the past week, two advisory firms recommended TMX Group shareholders vote in favour of the proposed merger with the London Stock Exchange on June 30, and reject the rival takeover offer from the Maple Group.

The official vote tally was announced before a packed room of 300 in a Tampa, Florida, office park, after an often - contentious two hour meeting that was no frills this year with no food or drink was provided for shareholders.

Shareholders of Africa - focused Papillon Resources voted almost unanimously in favour of a $ 615 million takeover by Canadian - based B2Gold at a scheme meeting held this morning.

But for his proposal to be put forward for consideration by Dell shareholders, he must first succeed in having Michael Dell's offer voted down and then win enough shareholder support to replace the members of Dell's board with his own nominees.

The outcome of a shareholder vote scheduled for Thursday on the offer is too close to call.

Tesla and SolarCity shareholders overwhelmingly voted in favor of merging the two companies in a $ 2.6 billion deal.

At WPP Plc, a third of shareholders voted against CEO Martin Sorrell's 70 million - pound pay package in June 2016.

Marcato released a deck in April in which they outlined some of Buffalo Wild Wings» failures and urged fellow shareholders to vote for a board shake - up.

The day before shareholders voted 99.8 % in favour of the merger, Canadian Business sat down for an exclusive interview with the power brokers behind Bay Street's most recent high - profile partnership to discuss the deal, investment banking, the economy and life on the Street.

Qualcomm's second dismissal of Broadcom's approach puts the focus on a March 6 shareholder vote on whether to replace the smartphone - chipmaker's board with Broadcom's own nominees.

Shareholders strongly rejected the proposals, with an average of just 11 % voting in favour.

Over the next week, the board will encourage the apparently large number of shareholders that had not cast votes to support the deal, said mergers expert Brian Quinn, an associate professor at Boston College Law School.

That proposal goes to a vote of shareholders at the company's annual meeting for other shareholders to weigh in on.

Nabors shareholders also sent a strong rebuke against the company's governance practices with a majority vote against one of its two director nominees, Myron M. Sheinfeld.

«The transaction is a necessary step towards TSLA's goal of being an integrated sustainable energy company,» said ISS, an influential proxy advisory firm that recommends votes for contested situations and deals to institutional shareholders.

In April, they voted in favor of a shareholder proposal requiring annual majority rule votes for all directors, which Nabors has said they will abide by.

On Monday Institutional Shareholder Services (ISS) released a report recommending shareholders vote against 10 of Mylan's 11 current board members, including CEO Heather Bresch.

In what is perhaps the company's most valuable public vote of confidence, Berkshire Hathaway CEO Warren Buffett called AmEx an «excellent business» with managers that are «talented and shareholder - oriented» in his 2016 annual report to shareholders.

Most of the time, shareholders vote against a company's pay package when the firm is performing poorly.

The shareholder vote — part of an annual meeting — wraps up an arduous sale process that was stymied by the revelations of two massive data breaches.

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.

Kalanick's large holdings of Class B shares, which awarded him 10 - to - 1 voting power, will transform so each shareholder has one vote per share, The New York Times reported.

«Instead of deposing him, the Dell board froze out shareholders, and last week voted to allow the CEO to buy the company at a bargain price using shareholders» own cash,» Icahn wrote.

As The Information notes, Kalanick and two people close to him control a majority of shareholder votes, an approach that has become frequently used in tech startups.