voting shares

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Common Stock

Stock in a publicly-traded company that entitles holders to vote in the annual meeting, to elect the board of directors, and to generally exercise control of the company. While common stockholders are important in terms of their level of control, they have the least precedence in the event of liquidation. That is, if the company goes bankrupt, common stockholders do not receive any money until all bondholders, other debt holders, and preferred shareholders are paid in full. Likewise, common stock is not entitled to a guaranteed dividend. Common stock is also called ordinary stock.

voting shares

the ORDINARY SHARES that allow the SHAREHOLDERS to cast a vote for each share held at a company's ANNUAL GENERAL MEETING. See also SHARE CAPITAL.

voting shares

the ORDINARY SHARES that allow a SHAREHOLDER to cast a vote for each share held at a company's ANNUAL GENERAL MEETING. See also SHARE CAPITAL.

References in periodicals archive ?

Glen Burnie has adopted a shareholders rights plan that becomes effective when a shareholder who has acquired or obtained the right to acquire 10 percent or more of Glen Burnie's voting shares before the adoption of the plan acquires 20 percent or more of its voting shares.

Commenter represents that Glen Burnie has elected to be subject to a provision in Maryland law that generally prohibits a shareholder who owns 20 percent or more of a company's voting shares ("control shares") from voting the control shares unless the right to vote the control shares has been approved by two-thirds of the company's disinterested shareholders.

in which the Board denied a bank holding company's application to acquire less than 25 percent of the voting shares of a bank because a single shareholder held more than 50 percent of the voting shares of the bank and vigorously opposed the acquisition.

ORDERS ISSUED UNDER BANK HOLDING COMPANY ACT

Winston, an investment broker, acted as sole placement agent to the Company for the transaction and will receive in compensation a cash commission of 7% of the net proceeds and an agent warrant to purchase up to 3,075,416 subordinate voting shares at a price of CAN$0.

This announcement is not an offer to sell or the solicitation of an offer to buy the secured convertible notes, the warrants or subordinate voting shares of the Company.

ProMetic to Obtain US $8.9 Million Financing, Will Enable the Execution of the Reorganization Plan to Unlock Shareholder Value

Global believes that recent market prices of its subordinate voting shares do not properly reflect their underlying value and the cancellation of these shares are in the best interest of Global and its shareholders.

Global Holdings Announces the Renewal of its Normal Course Issuer Bid

This price was based on an independent valuation of Mont Saint-Sauveur prepared by PricewaterhouseCoopers LLP and negotiations with a group of supporting shareholders holding 961,111 Class A Subordinate Voting Shares of Mont Saint-Sauveur.

Pursuant to the amalgamation, except for shares held by a dissenting shareholder, each Class A Subordinate Voting Share of Mont Saint-Sauveur will be converted into one redeemable share of the amalgamated corporation, each Class B Share of Mont Saint-Sauveur will be converted into one common share of the amalgamated corporation, and each common share of the newly-incorporated corporation will be converted into one common share of the amalgamated corporation.

Mont Saint-Sauveur International Inc. Proposes a Going-Private Transaction to its Shareholders

The Corporation believes that the purchase of its subordinate voting shares at prevailing market prices may, from time-to-time, be a worthwhile investment for the Corporation.

The Corporation's subordinate voting shares are listed on the Toronto Stock Exchange.