noun
COLLOCATIONS FROM OTHER ENTRIES
a minority shareholder (=someone who owns less than half the shares in a company)
▪ A minority shareholder with 10% of voting rights refused to accept the plan.
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
big
▪ Ultimately they take their orders from their big shareholders, the G7.
existing
▪ Rights issues require a minimum subscription period of 3 weeks to allow existing shareholders the chance to take up their rights.
▪ The House of Lords found that there was no duty of care either to existing shareholders or to potential investors.
▪ Third, an Esop can be used to buy back shares from existing employee shareholders.
▪ Junk bonds were used to finance leveraged buyouts and takeovers, with the aim of extracting value from existing bondholders and shareholders.
▪ Special Existing shareholders and employees will get the same incentives as the public as well as special treatment on allocation.
▪ This is something of a misnomer, as the offer is restricted to existing shareholders of the bidder on a prorata basis.
▪ Accordingly, the open offer and clawback preserves the pre-emption rights of existing shareholders of the bidder.
▪ While most perks are a benefit for existing shareholders, P&O has used them to boost its share register.
individual
▪ This may encourage a few feisty individual shareholders to sue.
▪ It too can offer performance-related bonuses, and it does not face the free-rider problem which confronts individual shareholders.
▪ Nationalisation and the frequent replacement of individual owner-managers by shareholders and managerial bureaucracies have both changed the structure of industry.
▪ The position on bankruptcy of an individual shareholder is broadly similar.
▪ No individual employee or shareholder has had that control, but the corporation has.
institutional
▪ It would comprise representatives of all the City institutions, but particularly institutional shareholders and lenders.
▪ The panel would provide a point of reference for institutional shareholders, other City institutions and auditors to air concerns.
▪ There had been no suggestion from the company's bankers or major institutional shareholders to date that he should do so.
▪ Ferranti was unchanged at 57.5p following a meeting with institutional shareholders.
▪ However, there was a significant number of private and institutional shareholders.
▪ It has been brought forward to 5 April to allow institutional shareholders to enjoy the 25 percent grossing-up for the last time.
▪ Do well-informed diversified institutional shareholders need such a signal?
large
▪ The plan looks unlikely to get agreement given the opposition by two of the bank's largest shareholders.
▪ But instead, it meant that Morland's largest shareholder, Whitbred, had to sell its shares.
▪ The section, however, has a narrow scope applying only to directors, officers, and large shareholders.
▪ There is believed to be no such problem amongst the larger company's shareholders.
major
▪ Hughes shareholders would then exit the company over time, leaving News Corp as the major shareholder.
▪ But it was rebuffed by other major shareholders.
▪ He's the Managing Director and major shareholder in Acorn Hotels.
▪ There had been no suggestion from the company's bankers or major institutional shareholders to date that he should do so.
▪ I am a major shareholder, if you remember.
▪ I was lucky being a major shareholder.
ordinary
▪ The profit for the year attributable to ordinary shareholders amounted to £20,618,000.
▪ The Directors propose to offer ordinary shareholders the opportunity to receive fully paid ordinary shares in the Company in lieu of the cash dividend.
▪ Subordinated loan stock will rank behind all unsecured creditors but ahead of preference shareholders and ordinary shareholders.
▪ Normally, however, ordinary shareholders expect lower yields than preference shareholders and loan stock holders because of their participation rights.
▪ In a classic Desmond manoeuvre, the big names were brought in as Ordinary shareholders for a total of £1m.
▪ It aims to achieve a high level of income for ordinary shareholders as well as providing capital growth.
▪ When all these are paid, ordinary shareholders get what is left, which is usually not much.
other
▪ It looks as if Mr Franklin and other shareholders will have to wait another three weeks for news on that front.
▪ He was, however, negotiating with the other shareholders to take an increased stake in the company.
▪ To enable a business to buy in the shares of retiring directors or other shareholders who wish to realise their holding.
private
▪ Trading began on May 11 and attracted 400,000 private shareholders.
▪ The other 48 percent is owned by private shareholders.
▪ It must be conceded that private shareholders to not always behave logically over their investments.
▪ However, there was a significant number of private and institutional shareholders.
▪ More to the point, they vote as proxies for private shareholders who typically deposit their shares in the bank's custody.
▪ Criticisms have been made that the present system excludes private shareholders.
▪ At the last count, Britain boasted about 11 million private shareholders, the majority of them beneficiaries of the privatisation boom.
small
▪ In either event, small shareholders should think carefully before selling any holding.
▪ Because it was once the party of nationalisation, it can not now be the party of the small shareholder.
▪ Pure retail business involving small shareholders would remain outside the system for the foreseeable future.
▪ Favourable treatment has been given to the small shareholder, when allocating oversubscribed issues, in some of the privatisation issues.
■ NOUN
approval
▪ However, a Class 1 transaction is not sufficiently important to require shareholder approval.
▪ The proposal, which requires shareholder approval, will create a new company with shares that trade separately.
▪ The pact was approved by the boards of Novell and of AT&T but is still subject to regulatory and shareholder approvals.
▪ Wells expects to close the merger by April 1, pending regulatory and shareholder approval.
▪ Such a measure would normally require independent shareholder approval but the exchange has waived this.
▪ The transaction is subject to shareholder approval of both companies, and should be completed in the fall.
▪ Earlier this year the Department of Trade and Industry backed down from making shareholder approval of pay schemes a statutory requirement.
lawsuit
▪ It would make California a mecca for shareholder lawsuits.
▪ Voters rejected measures to ban most lawsuits resulting from car accidents, limit shareholder lawsuits and slash lawyers' contingency fees.
▪ Voters also defeated Proposition 201, a complicated measure aimed at restricting shareholder lawsuits, which have plagued Silicon Valley high-tech companies.
▪ Opponents say the shareholders lawsuits are merely nuisance suits aimed at securing out-of-court settlements.
▪ But Spectrum soon became mired in losses, and when the stock plummeted, it was hit by numerous shareholder lawsuits.
▪ Two Disney shareholder lawsuits were filed against the current and former directors of the company, charging them with wasting corporate assets.
▪ Stevens International Inc. said it agreed in principle to settle a class-action shareholder lawsuit against it.
majority
▪ The result is that the shareholders in the target company become the majority shareholders in the acquiring company.
▪ He was largely unknown to football when last June he was introduced to Edwards, the chairman and majority shareholder of United.
minority
▪ The provision would be reversed when profits attributable to the minority shareholders started to make good the losses that were made earlier.
▪ Among the most debated changes is one that would affect minority shareholder rights when a company is acquired.
▪ Disapplication requires a special resolution, ie a 75% majority, which the minority shareholder referred to could not block.
▪ A part disposal is occurring here - the effect is to increase the stake of the minority shareholders from 20% to 45%.
▪ A purchaser of shares may need to resort to petitioning the court to buy out minority shareholders.
▪ The matter was thrown into further confusion, however, when leave to appeal was granted to the minority shareholders.
▪ He claimed that Electronics' actions in withholding money due to Magnetics were prejudicial to the minority shareholders.
▪ As part of the rescue operation it left control of the banks with the minority shareholders.
value
▪ Growth in profitability and shareholder value must therefore come from other, developing markets...
▪ That move would likely hurt shareholder value and earnings for a longer period of time, analysts said.
▪ This ought to drive efficiency and create shareholder value.
▪ A merger would have several benefits, Amerman insisted, including stronger international marketing, more efficient manufacturing and increased shareholder value.
▪ Although its bid failed, Hoylake's objective of maximising shareholder value had been realised.
▪ Finally the health of the enterprise can never be summarized by shareholder value alone.
▪ Looking at developments in perspective also allows Kennedy to see the dynamic in the shareholder value process.
▪ In this case, the other stakeholders trampled in the rush for shareholder value are fighting back.
■ VERB
approve
▪ The acquisition of the 61 Gateway stores was approved by shareholders.
▪ Because the shares tendered were below 90 % of all outstanding shares, the acquisition must be approved by Magma shareholders.
▪ The proposed acquisition, which must be approved by shareholders, values the two networks at about $ 16 a share.
▪ If approved, shareholders will boost a two share holding to five shares.
▪ A similar plan offered by a shareholder rights group was approved by shareholders last year, but rejected by the board.
▪ The merger already has been approved by shareholders and by the Justice Department.
become
▪ It is the firm conviction of your Board that you should not become shareholders in a company with such an unsound strategy.
▪ The result is that the shareholders in the target company become the majority shareholders in the acquiring company.
▪ Many hundreds of thousands of trade unionists were among those who became shareholders for the first time.
▪ Such behaviour will become rarer once private-sector shareholders demand more of their banks.
increase
▪ A merger would have several benefits, Amerman insisted, including stronger international marketing, more efficient manufacturing and increased shareholder value.
▪ The programme's objectives include improving the divisions' financial accountability and increasing emphasis on shareholder wealth.
offer
▪ The Directors propose to offer shareholders the opportunity to receive fully paid ordinary shares in the Company in lieu of the cash dividend.
▪ A similar plan offered by a shareholder rights group was approved by shareholders last year, but rejected by the board.
▪ The Directors propose to offer ordinary shareholders the opportunity to receive fully paid ordinary shares in the Company in lieu of the cash dividend.
▪ As an alternative to the cash dividend the Board is proposing that an enhanced scrip dividend is offered to shareholders.
pay
▪ The striking price will be paid to those shareholders who offered to sell their shares either at or below that price.
▪ How, for example, would the funds pay off shareholders who want out?
▪ No dividend will be paid to shareholders this year.
▪ Growth stocks and speculative stocks tend to reinvest their profits rather than pay them out to shareholders.
▪ Dividends are paid to the shareholders each year if adequate profits are made.
▪ Iberdrola has paid its shareholders a dividend of 61. 25 pesetas per share each year for the past three years.
▪ When all these are paid, ordinary shareholders get what is left, which is usually not much.
▪ A necropolis was established in Liverpool in 1825, and within five years was paying shareholders a dividend of 8%.
receive
▪ Employees and shareholders have also received death threats and hate mail.
▪ Mattel shareholders would receive one share for each outstanding Mattel share.
▪ The Directors propose to offer shareholders the opportunity to receive fully paid ordinary shares in the Company in lieu of the cash dividend.
▪ At that price, Firefox shareholders would receive stock worth $ 83. 7 million.
▪ The Directors propose to offer ordinary shareholders the opportunity to receive fully paid ordinary shares in the Company in lieu of the cash dividend.
▪ Under that agreement, First Interstate shareholders will receive $ 152. 33 per share.
▪ The regulatory filing made yesterday reiterated that shareholders may receive a lower share price if regulatory costs for the merger rise.
require
▪ However, a Class 1 transaction is not sufficiently important to require shareholder approval.
▪ The proposal, which requires shareholder approval, will create a new company with shares that trade separately.
▪ Consent is not required of the shareholders of any company which is a wholly owned subsidiary.
▪ The deal requires the approval of shareholders and regulators.
▪ Such a measure would normally require independent shareholder approval but the exchange has waived this.
▪ Symington is the only person listed on state forms requiring disclosure of shareholders who own more than 20 percent of its stock.
return
▪ Do they return the money to shareholders through higher dividends or repay debt?
EXAMPLES FROM CORPUS
▪ Caradon shareholders are entitled to retain an interim dividend of 4p a share.
▪ For shareholders, it must have been like winning the pools.
▪ How do salaries compare to distributions to shareholders?
▪ It is another example of using shareholder resolutions to force a change in corporate policies.
▪ Some shareholders are unhappy with the running of the club and are concerned with the way the recent annual meeting was conducted.
▪ The investigation was requested after criticisms of the chairman's statement and the accounts by a shareholder at a recent company meeting.
▪ The Van Leer Group Foundation, the only shareholder at present, plans to keep its majority for the coming years.