Sentences with phrase «voting stock of a company»

In order to comply with requirements under U.S. law governing the ownership and control of U.S. airlines, at least 75 % of the voting stock of the Company must be held by U.S. citizens and at least two - thirds of the Board of Directors must be U.S. citizens.

U.S. citizen investors own over 75 % of the voting stock of the Company, of which Cyrus Capital Partners L.P., the largest single U.S. investor owns approximately 40 % as of December 31, 2013 and March 31, 2014 (unaudited).

Not exact matches

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.

Redstone remains firmly in control of Viacom and CBS because both companies issue two classes of stock, voting and non-voting.

That means that Zynga will no longer be a «controlled company» with a dual class stock structure in which Pincus wields 70 % of the voting power.

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.

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.

«10 - Percent Stockholder» means an individual who owns more than 10 % of the total combined voting power of all classes of outstanding stock of the Company or of its parent corporation or subsidiary corporation (as defined in Code Sections 424 (e) and (f)-RRB-.

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.

Following completion of this offering, the Principal Stockholders will control more than 50 % of the combined voting power of our common stock, so under current listing standards, we would qualify as a «controlled company» and accordingly, will be exempt from requirements to have a majority of independent directors, a fully independent nominating and corporate governance committee and a fully independent compensation committee.

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.

Depending on the type of stock purchased, a shareholder is also entitled to one vote per one stock on company management issues decided at the company's annual shareholder meeting.

When an individual purchases a common stock of a company, he receives one vote per stock to elect board members or decide on major decisions for the company.

One of the measures would require a shareholder vote before the company could issue a special class of stock.

The Board determined to adopt a «net long» definition of ownership because it believes that only stockholders with full and continuing economic interest and voting rights in our common stock should be entitled to request that the Company call a special meeting.

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).

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

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

Under the NYSE rules for member organizations: (i) the election of directors; (ii) the non-binding advisory vote to approve the compensation of the company's NEOs; (iii) the approval of the Stock Incentive Plan of 2015; and (iv) each of the shareholder proposals described in this proxy statement are not matters on which a broker may vote without your instructions.

Access to the Proxy: Companies should provide access to management proxy materials for a long - term investor or group of long - term investors owning in aggregate at least three percent of a company's voting stock, to nominate less than a majority of the directors.

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.

Conversion Rights — All convertible preferred stock will be automatically converted into common stock upon (i) the closing of an underwritten public offering of shares of common stock of the Company at a public offering price per share that provides at least $ 100 million in aggregate gross proceeds or (ii) approval of at least (a) holders of 66 % of the Series A convertible preferred stock, voting as a single class on an as - converted basis; (b) holders of a majority of the Series B convertible preferred stock, voting as a single class on an as - converted basis; (c) holders of a majority of the Series D convertible preferred stock, voting as a single class on an as - converted basis; and (d) the holders of at least a majority of the then outstanding shares of convertible preferred stock (voting together as a single class and not a separate series, and on an as - converted basis).

When a stock is public, the owners get to vote on the future of the company.

One of the earliest examples was the International Silver Company, whose common stock (issued in 1898) had no voting rights until 1902 and then only received one vote for every two shares.

It's true that the activist investors on the Exxon vote likely include heavy hitters like financial firms BlackRock, Vanguard and State Street (though the specific votes are not made public), which are the company's biggest shareholders, owning more than 18 percent of the stock.

Under the 2017 Plan, a change in control is defined to include (1) the acquisition by any person or company of more than 50 % of the combined voting power of our then outstanding stock, (2) a merger, consolidation, or similar transaction in which our stockholders immediately before the transaction do not own, directly or indirectly, more than 50 % of the combined voting power of the surviving entity (or the parent of the surviving entity), (3) a sale, lease, exclusive license, or other disposition of all or substantially all of our assets other than to an entity more than 50 % of the combined voting power of which is owned by our stockholders, and (4) an unapproved change in the majority of the board of directors.

Because of the Stockholders Agreement and the aggregate voting power of the Voting Group, we are considered a «controlled company» for the purposes of the New York Stock Exchange.

While activist shareholder Sandon Capital has been a voluble opponent of the deal, arguing Tabcorp is getting a very good asset in the Tatts lotteries business, there are enough big shareholders who own stock in both companies that are in favour of the transaction to make a favourable vote likely.

Altice owns 70 percent of the company's issued and outstanding common stock, and controls 98 percent of the voting rights.

Facebook scrapped plans to create a new class of shares that would have allowed Zuckerberg to sell almost all of his stock without losing voting control of the company, a move that aggrieved some shareholders.

To review our process, as value managers we establish buy and sell targets for the stock of any company that is voted onto our firm's approved list.

Even if you own just 1 share of stock in General Electric (for example), you still own part of the company.Shareholders have voting rights and they profit when the company does well.

In addition, supermajority voting provisions proposed require the approval of two - thirds of the board and outstanding stock to appoint an individual who was previously an officer of the company as CEO.

As a U.S. company, its pay vote is advisory, not binding; moreover the company's share class structure means that approval is effectively assured, with founders» Class B shares carrying ten times the voting power of ordinary Class A. Nonetheless, opposition has been bubbling up, with an amendment to the company's stock plan generating a 28 % against vote at the 2016 AGM.

Mason's principal and co-founder Michael Martino responded: «Mason will vigorously oppose Telus» latest attempt to take value from voting shareholders and transfer it to the non-voting shareholders, including Telus» board of directors and company executives, whose personal economic interests are tied to the non-voting stock.»

If the Company grants registration rights, information rights, rights of first offer, price - based antidilution protection, protective voting provisions or other similar rights to new investors in a subsequent financing involving the sale of additional series of Preferred Stock, the Company will use reasonable efforts to extend such rights to the Purchasers on the same basis granted to new investors.

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 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 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 Stock in order to carry out the terms and provision of this Section x.y..

Following the vote, Credit Suisse's Alethia Young maintained an Outperform rating on Puma's stock with a price target boosted from $ 58 to $ 90, although the company's announcement doesn't yet imply the approval of neratinib.

Benchmark said in their filing that Kalanick holds only 10 percent of the company's preferred stock, but has 16 percent of Uber's voting power.

The increasing use of dual - class stock structure, in which founders can have small ownership percentages, but outsized influence over company decisions via voting rights, has played a role.

Yvan Allaire has a great analysis of Dow Jones» overreaction to Snapchat's IPO and the dual class stock phenomenon in general:» In July 2017, Dow Jones, goaded by the reaction to Snapchat having gone public with a class of shares without voting rights, announced that, after extensive consultation, it had decided to henceforth eliminate companies -LSB-...]

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

Democrats also criticized Price and Collins for trading these types of health care stocks just before voting to pass the 21st Century Cures Act, which reportedly made it easier for companies like Innate Immunotherapeutics to seek FDA approval for trials on experimental treatments.

Diversified investment management company: An investment company with 75 % of the value of its assets held in cash or cash equivalents, government securities, securities of other investment companies, or securities of other issuers; no more than 5 % of its total assets in the securities of any one company; and ownership of no more than 10 % of the outstanding voting stock of any one company.

The Certificate of Incorporation was adopted at a time when no other voting securities of the Company were outstanding, and although the Series B Preferred Stock generally votes on an as if converted basis together with the Common Stock, the Certificate of Incorporation does not expressly deal with the voting rights of the Series B Preferred Stock in the context of the «opt out» provision relating to amendments to increase authorized sStock generally votes on an as if converted basis together with the Common Stock, the Certificate of Incorporation does not expressly deal with the voting rights of the Series B Preferred Stock in the context of the «opt out» provision relating to amendments to increase authorized sStock, the Certificate of Incorporation does not expressly deal with the voting rights of the Series B Preferred Stock in the context of the «opt out» provision relating to amendments to increase authorized sStock in the context of the «opt out» provision relating to amendments to increase authorized stockstock.

There are other ways to «class» stocks, most of which have a similar tradeoff between earnings percentage and voting percentage (typically by balancing these two you normalize the price of stocks; if one stock had better dividends and more voting weight than another, the other stock would be near - worthless), but companies may create and issue «superstock» to controlling interests to guarantee both profits and control.

Aleph Investments generally will vote against proposals to move the company to another state less favorable to shareholders interests, or to restructure classes of stock in such a way as to benefit one class of shareholders at the expense of another, such as dual classes (A and B shares) of stock.

In real practical terms, one average person's holdings are insignificant in terms of stock price or company health, though they might matter slightly more as voting shares in the annual meeting.

This Proposal (scheduled for shareholder vote on February 22nd) would give the Company the ability to issue 12,500,000 millions shares of Class A Common Stock under their Form S - 3 covering the sale of up to $ 30,000,000 of securities.