Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 571 - 580 of 2736 results for "Shareholders"

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
... chief executive Parag Agrawal are named as co-defendants, The Guardian said. Morgan Stanley and Dorsey are also major shareholders in Twitter at 8.8% and 2.4% a piece. Combined with Musk's 9.2% stake, this meant he effectively held more than 15% of the ...

Datt Capital lashes board nominees

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
Datt Capital has taken aim at Selfwealth and encouraged shareholders to vote against all proposed resolutions at the upcoming extraordinary general meeting, claiming they "equate to a takeover by stealth". Datt Capital, which owns close to 10% of Selfwealth ...

CFS awards stewardship mandate

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... including engagement with and voting on how a company operates its business, leads to better long-term returns for shareholders and hence our customers," CFS general manager, investments Scott Tully said. "We look forward to leveraging the knowledge ...

Super funds back Say on Climate

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2022
... Climate' votes on company transition plans at 17 companies in 2021, most of which were supported by more than 90% of shareholders, with only BHP's (84.9%) and Shell's (88.7%) supported by less than 90% of shareholders, ACCR found. Seven superannuation ...

AMP offloads remainder of Collimate Capital

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... requirements, it is the board's intention to pay down a portion of its outstanding corporate debt and to return to shareholders the majority of the net proceeds from the two sales and the sales of the infrastructure debt platform and GEFI business. This ...

Commonwealth Bank appoints new chair

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
... so, rebuilt its reputation as an organisation that seeks to deliver positive outcomes for its customers, people and shareholders," Livingstone said. "During the coronavirus pandemic, CBA has demonstrated unequivocally that a strong, stable, well capitalised ...

Dexus snaps up Collimate Capital assets

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
... international infrastructure equity business continue. Any decisions will be driven by our focus on delivering value for shareholders, leveraging the expertise of our investment teams, and working closely with our clients to align an outcome that best ...

Elon Musk buys Twitter for $61.4bn

ANDREW MCKEAN  |  TUESDAY, 26 APR 2022
... revert back to private ownership. Though in an April 15 Tweet, Musk said that he will: "Endeavour to keep as many shareholders in privatized Twitter as allowed by law." On the radical move, Twitter's independent board chair Bret Taylor said: "The ...

Pension fund pushes for independent chair at Berkshire Hathaway

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
... non-management director should be named board chair. The board agrees with Mr. Buffett and accordingly recommends that the shareholders vote against this proposal," the company said. Buffett currently has about 32% voting interest in Berkshire Hathaway. ...

HESTA confirms bid for Ramsay Health Care

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
... investors led by KKR, 100% of the shares of Ramsay Health Care were to be acquired. Also, under the proposal, Ramsay shareholders would be entitled to receive $88 per share cash or they could've exercised an option to receive part of the consideration ...