Non-Objecting Beneficial Owner

Also found in: Acronyms.

NOBO (Non-Objecting Beneficial Owner)

A beneficial ("street") security holder who has not objected to his or her name being released to the Corporation, if the Corporation so requests.

Non-Objecting Beneficial Owner

A beneficial owner who has given his/her brokerage or bank permission to release his/her name and address to the publicly-traded companies in which the beneficial owner has stock. A beneficial owner is the effective owner of a security or asset, even though the security is actually held by the brokerage or bank. Registering oneself as a NOBO enables the company to contact the beneficial owner about the general meeting and give him/her other information.
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References in periodicals archive ?
To this end, RushNet has initiated a share audit that includes DTC position reports, Non-Objecting Beneficial Owners list (NOBO) and transfer agent records.
At that time the corporation will receive the Non-Objecting Beneficial Owners (NOBO) from ADP Automatic Data Processing Inc.
to deny shareholders equal access to a list of non-objecting beneficial owners ("NOBO list") which would ease communication with shareholders.
announced that the federal court in Baltimore, Maryland denied, on July 11, 2005, a request by First Union Real Estate Equity & Mortgage Investments ("First Union") for a preliminary injunction that, if granted, would have provided First Union with information about non-objecting beneficial owners of Sizeler's stock.
Brochures describing the Plan are being mailed this week to shareholders of record and non-objecting beneficial owners of shares of Carr Realty Corporation common stock.

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