Sentences with phrase «voting stock»

Many investors believe it is, and they routinely avoid companies with multiple classes of voting stock.

He will retain over 50 % of voting stock, making him the controlling shareholder in addition to being both CEO and chair of the board.

The SEC rule change is expected to say that such elections are no longer routine items and brokers can't vote the stock either way without shareholder instructions.

The little boys have all the control, and the different classes of voting stock allow them to run the show in ways and with degrees of freedom that would never have been acceptable to any prudent investor in the past.

As the owner of more than 90 % of voting stock at the company, Adderley has control over the election of the company's board directors, its advisory Say on Pay vote, and, at the coming May annual meeting, to renew the Kelly's short and long - term compensation plans.

Minority Ownership - Minority Ownership is less than fifty percent ownership of a corporation voting stock, or not enough ownership to control the company operations.

Tenneco will pay for Federal - Mogul with $ 800 million in cash and the issuance to Icahn Enterprises of 5.7 million shares of Class A voting stock and 23.8 million shares of Class B nonvoting stock — together worth some $ 1.6 billion at Tenneco's closing share price on April 9 — as well as the assumption of Federal - Mogul debt.

To divest or vote stock holdings?

What's more important is that Zuckerberg, who owns the majority of Facebook voting stock and has sought to cement that control permanently, has endorsed its existence.

The besieged REIT released its own statement: «According to Simon's announcement today, approximately 44 million of the 84 million shares of Taubman Centers voting stock were tendered into the offer.

This could include a deal in which Sumner acquires Shari's voting stock in Viacom and CBS, according to multiple sources close to the matter, although it is far from clear that Shari will assent to such an agreement.

While such mergers are never a done deal until they are signed, the fact that National Amusements is pushing for a combination means it is fairly likely to happen because it controls the voting stock of both companies.

On average, companies with dual - class stock tend to underperform, and the reason seems to be that the leaders aren't subject to effective governance; they control the voting stock.

He owns about 80 % of Viacom's voting stock, so it doesn't trade much; investors mostly buy and sell the non-voting stock.

Murdoch owns nearly 40 %, controls the voting stock, and calls the shots.

If the business is a corporation, «at least 51 percent of each class of voting stock and 51 percent of the aggregate of all outstanding shares of stock must be unconditionally owned by an individual (s) determined by SBA to be socially and economically disadvantaged,» stated the Small Business Administration.

National Amusements in turn controls about 79 percent of the voting stock in Viacom and 76 percent in CBS — and about 11 percent of the equity in each.

Gaining Shari's voting stock — which amounts to close to 16 percent of the votes in both Viacom and CBS and is held by National Amusements — would simply add to Sumner's already ironclad control of both companies.

Kelly Services» voting stock is almost entirely controlled by Terence Adderley, the group's current executive chairman.

The Redstone family controls nearly 80 % of the voting stock of Viacom and CBS through their investment vehicle, National Amusements Inc..

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.

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

Limited voting stock - Limited voting stock is a class of stock providing its holders with smaller than proportionate voting rights in comparison with another class of stock issued by the same firm.

As I mentioned above, it won't be voting stock.

A former Obama official said in a letter announcing her bid that women would be «significant investors in the new company and control its voting stock.»

Equity ownership of another business that confers the ability to control business activities (generally 50 % or more of voting stock).

The trustee holder of the special Class A voting stock and the special Class B voting stock has the right to cast a number of votes equal to the number of then outstanding Class A exchangeable shares and Class B exchangeable shares, respectively.

The 20 - year - old RA 7721 allowed the entry of foreign banks either through ownership of up to 60 per cent of the voting stock of an existing domestic bank or of a new banking subsidiary or establishment of branches with full banking authority.

He and his dapper little Philadelphia lawyer, Francis W. Sullivan, kept all of the voting stock.

For example, unless you've agreed otherwise you're entitled to vote the stock you receive as an award even if it isn't vested.

As an example of this, I known of a startup where employees got $ 0 / share for their vested shares when the company was sold because the voting stock holders agreed to it.

NASCAR's France family controlled more than two - thirds of the voting stock of International Speedway, and the two companies shared many of the same individuals among their executive ranks.

For purposes of this subdivision, the term control means ownership of all of the voting stock or comparable voting interest of the controlled person.

in a corporation, owns, directly or indirectly, 50 % or more in value of either the voting stock of the corporation or all of the stock of the corporation.

Your policy would also protect any subsidiary for which you own more than 50 % of the voting stock and any newly acquired organization for 90 days to newly acquired companies.

The creation of a new nonvoting stock class — a plan that came together this spring — allowed Zuckerberg to pursue his long - term philanthropic interests with his wife, while at the same time maintaining control of the company and avoiding dilution of its voting stock.

BE-10 must be filed by any U.S. person who had direct or indirect ownership or control of at least 10 percent of the voting stock of a foreign business enterprise at any time during 2014.

The Organization for Economic Co-operation and Development, of which the U.S. is a member, considers 10 percent ownership of the voting stock of a company as a benchmark.

The Simon bid for $ 1.48 billion in cash and the assumption of $ 2.4 billion debt say Robert Taubman and his brother William, who control 36 % of voting stock, would not be in the best interest of the company.