Overall, foreign companies have an estimated $16 billion in outstanding dividends
listed on their balance sheets that they have not been able to return to headquarters, according to Caracas-based research firm Ecoanalitica.
6 million for the 7,000 shares, resulting in a discount of approximately 7% on the face value of the preferred shares, plus related outstanding dividends
We believe this financing strengthens the Company's financial position by enabling the repayment of overdue debt and significantly reducing the level of outstanding dividends
payable," said Jeffrey Davis, CEO of Access Pharmaceuticals, Inc.
In particular, QVT asked the CMB to suspend or extend the tender offer in order to give Sportif and QVT time to address issues raised by QVT, including: (1) the gross under-valuation of Sportif, (2) the absence of meaningful disclosure as to the terms on which a second-stage merger between Sportif and Futbol will take place following conclusion of the tender offer, (3) the failure of Sportif and Futbol to comply with the CMB's mandate regarding the repayment of over TRY 343 million of illicit loans extended by Sportif to Futbol and other related parties, (4) the failure by Sportif to distribute outstanding dividends
, and (5) the improper use of Sportif's assets as financing for the loan arranged to fund Futbol's tender offer.
We did, so we asked them to tell us precisely which planned or instituted initiatives they believe will pay outstanding dividends
The repurchase, which included accrued and outstanding dividends
, was funded by excess cash on hand.
The amount of the payment that the Company will make to become current on the six outstanding dividends
will be $1,326,000, plus interest that has accrued.
These revisions require liability classification for preference shares that could be settled by issuing a variable number of Dominion's common shares in exchange for the preference shares and any outstanding dividends
Dividends As many as you know the company has paid for the outstanding dividends
to be paid.
On Friday, the Board elected to pay all outstanding dividends
in arrears, as well as a regular quarterly dividend.
The exchange constitutes full satisfaction of any amount due the shareholder, including any outstanding dividends
today announced that the Company will pay on February 28, 2007 all accrued and outstanding dividends
beginning with quarter ending December 31, 2001 through quarter ended December 31, 2006 on all issued and outstanding shares of Series Three Preferred Shares ("Series Three"), Series Four Preferred Shares ("Series Four"), Series Five Preferred Shares ("Series Five"), and Series Six Preferred Shares ("Series Six") to all record holders of the aforesaid preferred shares as of December 31, 2006.