Example 2: Helen is the sole shareholder of an S corporation that has one class of voting
common stock with a $100,000 FMV.
Any action of the Alumax board, which exercised all corporate powers, required an affirmative vote of a majority of the directors elected by the holders of the class A
common stock and an affirmative vote of a majority of the directors elected by the holders of the class B
common stock.
The objective of diluted EPS is consistent with that of basic EPS: to measure the enterprise's performance over the period while giving effect to all dilutive securities assumed converted to
common stock.
The estate's experts argued that no premium should apply, because the decedent did not have voting control and the remaining voting
common stock was owned by his three siblings.
The employer may redeem the preferred stock with cash or
common stock at a price equal to the initial value of the preferred stock.
Our Board of Directors has not yet made any determination of the relative amounts of any regular quarterly cash dividends that will be paid on the Class A
Common Stock and Class B
Common Stock, Series 1 after June 30, 2007.
The purchasers of the notes also received the following
common stock purchase warrants:
Global's shareholders is very important regardless of the number of shares of
common stock they own.
37 million of shares of Duke's
common stock at a price of $40.
Shareholders who sell their shares of Sara Lee
common stock in the regular way market (i.
5 million shares of its Class A
Common Stock at a price not less than $11.
The Convertible Loan Notes bear interest at the rate at the rate of 6% per annum and are convertible into Restricted
Common Stock of Great West Gold, Inc.
