Common Stock

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Related to Ordinary Share Capital: Issued share capital, Preference Share Capital

Common Stock

Evidence of participation in the ownership of a corporation that takes the form of printed certificates.

Each share of common stock constitutes a contract between the shareholder and the corporation. The owner of a share of common stock is ordinarily entitled to participate in and to vote at stockholders' meetings. He or she participates in the profits through the receipt of dividends after the payment of dividends on preferred stock. Shares of common stock are the Personal Property of their holder.

common stock

n. stock in a corporation in which dividends (payouts) are calculated upon a percentage of net profits, with distribution determined by the Board of Directors. Usually holders of common stock have voting rights. These are distinguished from preferred stock in which the profits are a predetermined percentage and are paid before the common shareholders who gamble on higher profits, and collectively have voting control of the corporation. (See: corporation, stock, share, preferred stock)

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(owner of 313,741,442 ordinary shares, which represent 1.978% of the ordinary share capital),

INTESA SANPAOLO: SUBMISSION OF FIRST LIST OF CANDIDATES FOR APPOINTMENT TO BOARD OF DIRECTORS AND MANAGEMENT CONTROL COMMITTEE

It further approved payment of final cash dividend of 65 percent on ordinary share capital and issue of bonus shares in proportion of 1 ordinary share for every 4 ordinary shares held by members.

PPL'S 61ST AGM APPROVES 65% CASH DIVIDEND, 25% BONUS

Under the terms of the Offer, Intelek s ordinary shareholders will receive 32 pence in cash for each Intelek Share valuing the entire existing issued ordinary share capital of Intelek at approximately GBP 28 million.

United States : Teledyne Closes the Acquisition of Intelek

The funds will be raised through the placement of up to 50 million new ordinary shares in the company representing 10.4 percent of the firm's present issued ordinary share capital.

Coal of Africa plans to raise GBP55m

As of 13.00 GMT on 18 September, Abigail had received acceptances in relation to 143,057,423 ARC Shares, representing approximately 92.63% of ARC's issued ordinary share capital. This total includes acceptances in respect of 86,616,263 ARC Shares, representing approximately 56.09% of the existing issued ordinary share capital of ARC in respect of which Abigail (UK) had received irrevocable undertakings to accept the Offer.

Abigail UK receives over 90% acceptance of offer to purchase ARC shares; will execute compulsory purchase of remainder

Aer Lingus previously rejected an offer from Ryanair to purchase all of the issued and to be issued ordinary share capital of Aer Lingus not already owned by Ryanair for EUR1.40 per share.

Ryanair confirms meeting with Tailwind Nominees Limited

Qinetiq has sold Qinetiq Rail to Nomad in exchange for 8.6 per cent of Nomad's ordinary share capital.

Qinetiq, Nomad join forces

The boards of Visa International Service Association and Earthport yesterday morning announced that they have reached agreement on the terms of a recommended all cash offer for the entire issued and to be issued ordinary share capital of Earthport by Visa International, a wholly-owned direct subsidiary of Visa.

Visa subsidiary acquires payments provider Earthport for GBP 198M

The sale involves Action Real Estate acquiring the entire issued and to-be-issued ordinary share capital of Action Hotels other than the excluded shares, with the offer to be effected by means of a scheme of arrangement pursuant to Article 125 of the Jersey Companies Law.

United Kingdom : K&L Gates Advises Action Hotels on Sale

French construction equipment maker Altrad Investment Authority SAS has confirmed that the Competition and Markets Authority has no further questions for Altrad in relation to its recommended cash offer for the entire issued and to be issued ordinary share capital of UK-based oil services firm Cape plc (LSE: CIU), Altrad said on Thursday morning, citing recent correspondence with the CMA.

Deal snapshot: FRANCE'S ALTRAD INVESTMENT AUTHORITY CLEARS UK COMPETITION HURDLE IN GBP 332.2M ACQUISITION OF UK OIL SERVICES FIRM CAPE

The deal would see Lloyds receiving approximately 131.8 million new ordinary shares in Aberdeen, equivalent to approximately 9.9 percent of its enlarged issued ordinary share capital, as consideration.

-Lloyds Banking to sell Scottish Widows Investment partnership

It further approved payment of final cash dividend of 20 percent on ordinary share capital and issue of bonus shares in proportion of 1 ordinary share for every 10 ordinary shares held by members.