Sentence examples for prior shareholder from inspiring English sources

The 19.9percentt limit is because of NYSE Rule 3.12, which prohibits issuing 20percentt or more of a listed company's shares without prior shareholder approval.

When I purchased the apartment from the prior shareholder, the tenant was an elderly gentleman whose name was the only one on the lease.

The bill would also require prior shareholder approval for corporate political expenditures and full disclosure of the expenditures annually, Mr. Squadron said.

"Absent a specific bylaw or lease provision limiting the board's authority to embark on the window replacement project without prior shareholder approval, there is no legal basis for preventing its implementation," Mr. Cholst said.

The company will sell 1,287,533 itself, while prior shareholders will sell 9,072,967.

The investor's fear, which we share, is that the excessive focus on valuation, regardless of terms, can be significantly damaging over time — not just to the founder, but to his team and all the prior shareholders, including seed and venture investors.

These actions came at the expense of prior shareholders and employees, but new shareholders can benefit from expected re-leveraging over time.

After hastily arranging the ill-considered acquisition, management then failed to disclose Merrill's staggering fourth quarter losses prior to the shareholder vote on the merger.

"The filing expresses our consistent position that the company and its officers provided sufficient and appropriate disclosure prior to the shareholder vote in December 2008," Robert Stickler, a bank spokesman, wrote by e-mail.

As usual they're holding a press event prior to the shareholder meeting.

Bank of America executives have been accused of withholding material information about Merrill, namely billions of losses racked up in its securities holdings, prior to the shareholder vote on Dec. 5.