Corporate Action

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Related to Corporate Reorganization: Corporate restructuring

Corporate Action

Any action a publicly-traded company takes that affects its shareholders and/or bondholders, whether positively or negatively. Common examples of corporate action include stock splits, where the company doubles the number of its shares, and calling bonds, where a company deprives bondholders of coupons to which they would otherwise have been entitled. Corporate actions must be approved by the board of directors and in many circumstances shareholders may vote on the measures as well.
References in periodicals archive ?
29, 2004 after a six-month period following its corporate reorganization on Sept.
The company also announced a corporate reorganization designed to streamline operations and achieve the benefits of centralized purchasing, merchandising, and pricing.
The nonrecognition of gain is temporary if the taxpayer subsequently disposes of the replacement property by other than a corporate reorganization, death or gift.
A corporate reorganization left John Clemons, ABC, APR, disillusioned with new leadership.
The corporate reorganization would be effected through the exchange of shares.
The firm's other service areas include corporate reorganization and bankruptcy.
Among the reasons to consider incorporating are: going public, making the S election, the attractiveness of shareholder-employee status, the corporate reorganization provisions, and the disappearing line between corporate and non-corporate businesses for deferred compensation and employment tax purposes.
announced a major corporate reorganization that establishes two independent business units--one for CompactPCI and none for VMEbus--and new management appointments and Facility expansions in Europe and the U.S.
BBA Group Plc., London, U.K., parent company of the world's third largest roll goods manufacturer BBA Nonwovens, Bloomfield Hills, MI, recently completed a corporate reorganization. The company's Industrial and Transportation Divisions have been respectively redefined as the Materials Technology and Aviation Divisions.
Company officials said the give-backs would keep the plant open during the corporate reorganization. These additional concessions were granted despite the fact that give-backs amounting to $11 per hour had been granted in the previous year, according to Swogger.
and SMILES, beyond its current expiration date in 2032; it is initiating proceedings aiming at a corporate reorganization of the Group, as detailed below; and it has requested that an extraordinary general shareholders' meeting of SMILES be called to include a provision for the creation of an independent special committee, in accordance with the procedures of CVM's Opinion No.
said the combined business of its two wholly-owned subsidiaries is 'part of continuing corporate reorganization activities.'

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