Sentence examples for shares convert from inspiring English sources

Another option is for the government to sell the shares on the stockmarket should the B shares convert, ensuring the taxpayer's stake does not increase.

Although it is not clear how much voting control Mr. Pincus owns through his class C shares, it is superior to class B, which trumps class A. Mr. Pincus, who owns all of class C, will have more voting power as class B shares convert to class A (shares convert in the event of a sale).

But two unique features stand out in recent multiclass IPOs: automatic conversion, in which high-voting shares convert to low-voting shares when sold or otherwise transferred by the original holders, and equal treatment clauses.

After eight years you've paid your dues and the B shares convert automatically into A shares.

However, most of its growth in distributable income over the next two years is likely to be offset by the increased number of shares paying dividends, when class B shares convert to class A shares.

DSC's stockholders had their shares converted into Alcatel shares, which closed that day at $37.

In Vauhini's post, she points out that there are sound business reasons for such a move, which will see Google shares converted one-for-one to shares in Alphabet.

(Sprint's two tracking stocks will recombine April 23 with PCS shares converting into FON shares).

The companies set a Thursday deadline for Fox investors to elect to have their shares converted to Disney stock or accept cash.

Each RGS Energy share, converted into Energy East common stock, would receive at least 1.7626 and not more than 2.3838 shares of Energy East common stock, depending on the average closing price of those shares during a 20-day trading period before the merger closes.

Some are housed in community centres, or share converted buildings with charities.