Qualifying share

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Qualifying share

Shares of common stock that a person must hold in order to qualify as a director of the issuing corporation.

Qualifying Share

A common share one must own in order to become eligible for the company's board of directors. It is important to note that qualifying shares are not, in themselves, different from other common shares.

References in periodicals archive ?

The Corporation has received an advance ruling from the Ministere du Revenu du Quebec confirming that the Corporation is a qualified issuing corporation for the purposes of the Quebec Stock Savings Plan II ("QSSP II") and that the Common Shares forming part of the Units are qualified shares for a QSSP II qualified mutual fund.

Canada : Nemaska Lithium Launches a C$25Million QSSP II Eligible Offering

The Corporation has received an advance ruling from the MinistE re du Revenu du Quebec confirming that the Corporation is a qualified issuing corporation for the purposes of the Quebec Stock Savings Plan II ( QSSP II ) and that the common shares forming part of the Offering are qualified shares for a QSSP II qualified mutual fund.

Canada : Sensio Announces Closing Of Previously Announced Brokered Private Placement