Examples of Non-Voting Common Stock in a sentence
The Board authorized management to repurchase and retire up to 8.0 million shares of its Non-Voting Common Stock on the open market and in private transactions in accordance with applicable securities laws.
As consideration for the acquisition, Acquirer paid the Seller US$ 800 million in cash, issued an aggregate of 5,651,177 shares of Class A Voting Common Stock (par value US$ 0.01) and 23,793,669 shares of Class B Non-Voting Common Stock (par value US$ 0.01) of Acquirer, and also assumed certain Federal-Mogul debt.
Each share of Non-Voting Common Stock may be converted at any time into one share of Common Stock at the option of its holder, subject to the beneficial ownership limitations provided for in the Issuer's amended and restated certificate of incorporation.
ISE Holdings, which will beneficially own greater than five percent, but less than ten percent of New BGM, will receive common stock of New BGM designated as Class A Non-Voting Common Stock.
In February 2013, the PCI Security Standards Council released PCIDSS Cloud Computing Guidelines.