Sentences with phrase «where existing shareholders»
That's where existing shareholders have the opportunity, but not the obligation, to buy more shares of a stock.
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Some of the lowest numbers of filings occurred in the BVI and the Isle of Man where alternative processes to petitions exist for creditors or shareholders, while Mauritius returned a disproportionately high number of filings, fuelled by a significantly larger population and domestic economy.
In situations where, in Glass Lewis» opinion, the existing laws, policies or regulations either provide shareholders with adequate proxy access rights or would prohibit a company's adoption of the requested provision, it will recommend that shareholders vote against such US - style proposals.
Another challenge emerges where the management team makes up a significant portion of the shareholders or have been a part of a team that has raised money from a group of shareholders and do not want to explore anything that leads to a significant dilution of the existing shareholders.