voting stock


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voting stock

n.
Stock for which the holder has the right to vote in the election of directors, in the appointment of auditors, or in other matters brought up at the annual meeting.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.voting stock - shares in a corporation that entitle the shareholder to voting and proxy rights
stock - the capital raised by a corporation through the issue of shares entitling holders to an ownership interest (equity); "he owns a controlling share of the company's stock"
References in periodicals archive ?
Bendheim will contribute to PAHC Holdings the balance of the Company's Class A Common Stock, the Company's voting stock, resulting in PAHC Holdings owning all of the outstanding capital stock of the Company, and all of the Company's Class A Common Stock will be pledged as security for the HoldCo Notes.
368(a)(1)(C), an acquiring corporation must acquire substantially all of the properties of a target in exchange solely for its voting stock (or solely for voting stock of its parent).
In addition, the board of directors approved a 1-for-20 reverse split of the Company's Class C Preferred super voting stock thereby decreasing the authorized shares of Class C Preferred stock from 5 million to 250,000 shares.
Generally, a C reorganization is defined as the acquisition of substantially all the assets of a target solely for voting stock of an acquirer.
The Fund filed papers with the court on October 11, 2004, arguing that the Fund's defensive actions are permitted under applicable law and raising for the first time an argument that the Trusts' ownership of more than 3% of the Fund's outstanding voting stock violates the Investment Company Act of 1940.
355(a) that Distributing distribute at least 80% of the voting stock and 80% of the total number of shares of all other classes of stock of Controlled.
These provisions will remain in effect unless changed by a vote of a majority of the Company's outstanding voting stock.
Home Repair), a home repair and building supply company, has offered to acquire all of Peter's stock in Brick for either: (1) 6,000 shares of Home Repair's voting stock (currently trading for $90 per share), for a total value of $540,000 or (2) 4,500 shares of its voting stock plus $150,000 cash.
9 percent of FIB's voting stock (which amounts did not result in a change in control under applicable state and federal laws), FIB has raised $6,975,000 of new capital.
the Company) announced today agreements with major debtholders of the Company and its subsidiaries to exchange debt owed by a major subsidiary, Bulova Technologies Machinery LLC, for the issuance of common stock, preferred voting stock, and series A preferred non-voting stock.
s previously announced Agreement and Plan of Merger with CRH plc, under which CRH plc will acquire Ash Grove, has been approved by stockholders holding more than a majority of the outstanding voting stock, acting by written consent.
i) by acquiring, purchasing or owning up to 100 percent of the voting stock of an existing bank;